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What is the lowest credit score needed for car finance?

What is the lowest credit score needed for car finance?

When it comes to getting a car on finance, you may be wondering what your chances of approval are. For many people, having a bad credit score could be the number one reason why you can be refused car finance. If you’re worried about bad credit, you may be...

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Can I get car finance on a low income?

Can I get car finance on a low income?

Is it possible get car finance when on a low income? Here at Refused Car Finance, we can’t emphasise enough how important affordability is when getting approved for car finance. In fact, your ability to meet your monthly repayments is the most critical factor in...

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Does being declined car finance affect your credit score?

Does being declined car finance affect your credit score?

If you’re reading this blog, then you may have already been refused car finance. It can be disheartening when you have your heart set on getting a car finance but can’t secure the finance deal you want. But not all hope is lost. Poor credit car finance specialists...

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Why has my credit score dropped?

Why has my credit score dropped?

Has your credit score dropped and you’re not sure why? If it’s unexpected then it can be frustrating. However, there are a few reasons why your credit score could have dropped. Some of the reasons below can be temporary dips and some may take longer to recover...

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How is your car finance interest rate calculated?

How is your car finance interest rate calculated?

If you’ve never taken out car finance before or any type of loan, you may not know how your interest rate is calculated or why you have been offered that interest rate. Your interest rate is added to your monthly payments so it’s really important that you know how to...

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