What are my chances of being approved for car finance?
Hi Rachel, what are the chances of me being accepted for car finance? I am 27 and I am full time employed earning £40000 a year. I have a excellent credit rating with Experian (965). I am currently renting a house, I have lived here for six months and am on the electoral roll. I am looking to source £15000 and I have a £2500 deposit. I want to get a new car. What are my chances of getting approved for a finance? Any advice will be helpful....
August 2, 2014
Hi Pratik, thank you for your question.
As long as you have 3 years UK address history i think we have a very good chance indeed of getting you accepted. You have a good income, are on the electoral roll, have a large deposit and a good credit score. For these reasons i'm extremely confident.
Please make an application and once approved you can choose a car from any reputable dealer and we also provide a no obligation quote. Kind Regards, Rachel