Bad Credit Car Finance is designed for customers with a poor credit history to get finance when purchasing their next car.
Go Car Credit is not a third-party provider or a finance broker, which means that when taking out a car finance agreement with us, you will not be dealing with an unknown car finance company.
Hire Purchase could be a suitable form of car finance for people who are struggling to get other forms of credit such as personal loans, people with bad credit as well as people who do not want to pay cash for a vehicle. It is a convenient way to pay for a vehicle based on budget and credit profile so you can get affordable monthly payments.
Our friendly and professional staff are at your service to guide and support you all the way through the car finance process.
We want to make sure your experience is understandable, stress free and efficient from making your application to driving away in your new car.
We could help you get the car finance you need even though you have been refused by other lenders.
Many companies offer ‘ guaranteed finance’. The fact is no finance company providing car loans for people with bad credit can guarantee that you will be accepted if you have had bad credit or still have a bad credit profile. Go Car Credit has lending criteria that need to be met and taken into consideration when reviewing your application, but we will work with you to ensure we fully understand your financial situation if you have a poor credit history.
As with all types of loan and credit agreements, there are some risks. Here in the UK, car finance is regulated by the Financial Conduct Authority and lenders must follow responsible and ethical lending practices. The finance is secured on the vehicle, so if you don’t keep up with the monthly repayments, Go Car Credit can repossess the car.
Similarly, failure to make payments can also affect your credit report and give you a bad credit profile. To help people who have a bad credit profile, Go Car Credit will look at your income and expenditure to ensure that you can safely afford the repayments.