You have your eyes set on your dream car, but before you can hit the road, you need to secure financing. One critical factor that lenders consider when evaluating your car finance application is your credit score. A low...
Many people take out car finance to pay for new vehicles because paying all at once is often not viable. But what happens if you want to settle your car finance early? There are several things to be aware of, so here’s...
When you apply for finance for your new car, you will normally be asked to pay a deposit. You might wonder, “How much should I save up?” and, “Is it better to put down a bigger deposit on a car?” Find out in this...
This article looks at how car loans affects your credit score. If you apply for car finance, it will usually have an impact on your credit score. This happens whenever you take out a loan. You might be asking, can car...
If you have a County Court Judgment (CCJ), your credit score will normally be affected. But does it mean you cannot get car finance? Not necessarily. There are a number of ways you may be able to get finance for your...
Typically, in the UK, car finance decisions are made within 1-2 business days but some of our finance partners at Carvine aim to give you a response within the initial 24 hours. It’s important to know that the duration...
Have you ever felt stuck in a financial rut with your current car loan? If so, you may have experienced negative equity in car finance. Negative equity occurs when the value of your car is less than the remaining...
Car finance is a handy solution for anyone looking for an uncomplicated means to afford a vehicle that would otherwise be out of reach. The main types of finance for car purchases are: Personal Contract Purchase (PCP)...
If you can’t afford to purchase the car you want outright, you may need to weigh up the pros and cons of car finance vs car leasing. If you want full ownership of your next car and don’t mind depreciation...
Your car may be loaded with cutting edge tech and be packed with performance-enhancing features. It may even have an out of this world design, but without reliability, what’s the point? If you’re at the point...