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Car Finance Expert Q&A

Hi, I'm Edwin and I'm here to help you!
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Edwin Miles. Underwriting Manager

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Do you have a question about Carfinance247 or its services? If so, please complete the form below for a response within 1 working hours. I have over 7 years experience working for Carfinance247 and have the responsibility to answer all questions asked.

Car Finance Brokers

Hi, i'm looking for a loan for £3000 for a car.

I have a fair credit history although my score might have gone down recently as i have been refused a loan today. I had someone from a business similar to yours call me saying they can help but, when the car dealer contacted them about selling me a car they told the garage that they were a broker and don't deal directly with dealers. Can you help me?

Posted by Jennifer on

Answer.

Hi Jennifer, thank you for your question and yes we'd love to help you out.

At Carfinance247.co.uk we act as a broker and once approved we provide a no obligation quote and you can buy a car from any dealer in the UK.

If you have a fair credit history i'm confident we can get you approved with one of our panel of lenders and £3000 wouldn't be an issue. Please make an application when you're ready.

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Question.

Hi there, I'm looking for car finance via a broker of about £30,000.

I've got a £15,000 deposit and my credit rating is fair from Experian. I've been living in my home for about 12 years now and have been voting all my life. I've missed one credit card payment about 4 years ago but, apart from that minor stint all credit cards have been paid on time.

I'm not a homeowner and live at home with my parents. About 2 years ago I had an outstanding phone bill for £300 which I refused to pay because of principle grounds. Apart from that all is fine! I earn about £21500 gross annually. What are the chances of a decent finance proposal? Many thanks

Posted by Carlos Satos on

Answer.

Hi Carlos, i hope all's well.

As you have a large deposit, a decent income and a fair credit rating i'm very confident we could get you approved even with a few small blips on your credit profile.

You don't need to be a homeowner to get car finance so don't let that put you off from applying. We may struggle to get you £15,000 on finance due to your income but we'll try our best. £10,000 should be fine though. Please make an application and once approved we provide a no obligation quote and you can buy a car from any dealer in the UK. Kind Regards, Edwin

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Posted by dave walker on

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