Can I get car finance with bad credit? First thing first, yes you can get car finance with bad credit. However, there are lots of people who do not know about this. However, if you are reading this article, you are lucky, because I will enlighten you on bad credit car finance and how you can apply for car finance with bad credit.
What is car finance? Car finance is a catch-all term for different types of loans and hires purchases. It is a common way to fund and finance your new car. With bad credit, you can also apply for this. However, there are requirements you must follow.
What is bad credit finance? Bad credit finance enables you to buy a car on finance even if you have a bad or low credit score or history. If you want to get car finance, bad credit should not stop you from doing so at all. Instead of paying with your own money, you can pay using a loan from a finance company and repay the amount you borrowed in affordable monthly installments. There are different lenders or loan officers that can help you apply for car finance with bad credit included.
Best Online Bad Credit Car Finance
There are different online lenders or finance companies you can go to if you have bad credit plus you can get access to guaranteed approval’ however, the below are the best online bad credit car lenders that you can apply for and can also help you apply.
Moneybarn
Yes, money barn can offer you car finance with bad credit or no credit history. Although, bad credit can make it difficult to get car finance. However, this company can help you if you can meet the requirement. That means if you do not they might not be able to help you
- Monthly earning more than E1,000 ( after tax)
- To be of age between 21 and 70
- A full valid driving license
- 2 months of pay slips or bank statement
- No older than 12 years at the end of the agreement.
Moneybarn is easy to use and customers are safeguarded from fraud. The platform has helped a lot of people with bad credit to get car finance
Choose my car
This is also one of the easiest companies to find cheap car finance. This company can also help you get car finance if you have bad credit. However, there are also requirements you must follow. All you just need to do is visit their official website and check their requirement. If you want to get the best deal with them you must always choose wisely with the lenders you are introduced to and the car dealer.
Zuto
You can also visit Zuto if you want to apply for car finance with a bad credit score or bad credit history. They will give you the requirement to follow when you visit their official website. Also, they are just like the loan officer; they will help you with anything you want even if you do not have a car yet. The company has more than 15 years of experience in helping drivers find the best choice.
How to Apply for Car Finance with Bad Credit
Like I have stated earlier, you need to visit the official webpage and check in to their account before you can apply. However, below is how you can do that.
- Go to the official webpage
- Click on sign in on the top of the page
- Create an account if you do not have one
- Enter your details
- And sign in.
- After the sign in process
- Check on the requirements
- Fill in the details
- Check in with them
With the above, you can check in with them and find out the process on how to go about it. Now you do not need to worry about your bad credit, you can apply for car finance. You can now take care of your car or buy a new one.
