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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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Declined By Car Loan Broker

Hi there, I just applied for a car loan via a brokers, it got knocked back. I have a experian rating of 650, earn £35k per year and could put down a £500 deposit. I'm looking for £3.5k. What do you think?

Posted by Brian on


Hi Brian, thank you for your question. Which broker did you apply at? Your credit rating seems fair and the fact that you have a large deposit helps matters too. £3500 wouldn't be a problem if we get you approved. Are you on the electoral roll at your current address? Have a good evening. Edwin

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