Sign in to the member area

I Was Declined for Car Finance by Ford. Can you help?

Hi, we have been declined by ford finance for a car we are interested in. However, we have no CCJ's, have never defaulted on any payments and have a credit card each. We also finished paying a car loan last year.

We don't understand why we have been turned down. I wondered whether if it was applying with you. We need £9000 and have no deposit. Ford said it was not the amount we needed to borrow!

Asked by Vanessa C

Hi Vanessa, apologies for the delayed response.

Regarding your question, I am pretty confident we could get you approved even though you have been declined by Ford. We do specialise in helping individuals that have been turned down by dealers, as we work with a large panel of lenders meaning we can find the best finance option for our customer's circumstances.

As you have some current credit, have completed a car loan last year and you say you haven't missed any payments recently or have any CCJ's, we should be able to secure you the amount that you require. When approved with us you can still get a car from the Ford dealer. We will just run through all the necessary checks & complete the paperwork so that the funds can be released.

As long as you have a full UK licence and can prove your income we should be able to get you an approval. If you'd like to see what we can offer you, please make an application. If approved, we provide a no obligation quote and you can buy a car from any reputable dealer. Kind Regards, Rachel

Tim Carpenter
Answered by Tim Carpenter Car Finance Expert Edited on

Liked by 16 People

Can't find the right answer?

Our Manchester based team are ready to help you.