Why is it important to have a good credit rating?
All types of car finance requires to go through a credit check as the financing companies need to know some financial information about their future customers to try and limit their risk of default. Arranging secured finance such as Hire Purchase and car leasing (contract hire and contract purchase) is usually easier because the car serves as an asset to secure the loan, which is why it is a very interesting solution to finance your car. However, the recent financial crisis has somewhat changed the rules and this will now really depend on the customer profile and the finance company's credit check process which car vary widely. We, and our partners, will endeavour to help you pass the credit check to make sure you obtain the car you want. Get a car finance Quote and if you are happy with the price we will guide you through the process.