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I Have Defaulted On Payments In The Past

I Have Defaulted On Payments In The Past
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I Have Defaulted On Payments In The Past

If you have issues with on-going debts, and you have defaulted on finance agreement previously, and your Credit Score is bad, then you may found or find it difficult getting approved for finance. With Poor Credit History, it can be difficult getting a good rate on car finance, Here at u car finance this might not be such a big problem, we take into account all credit circumstances, whether you have an excellent, good or poor credit history and even if You Have CCJs or have Filed For Bankruptcy. Lenders and dealers are often limited by the financial products they may have on offer, however with U Car Finance; we have 100’s of financial products to suit your car finance needs, even if you have Poor Credit.

Here at U Car Finance, we have made getting Car Finance simple, using our three step process, and you can be approved for car finance within minutes. Our aim is to help you secure low rate vehicle finance. We aim to get you the most competitive rates for your car finance, relative to your circumstances from our carefully selected panel of lenders.

In some cases we may ask you to provide evidence of your income, this can be in the form of pay slips from an employer if you are a self-employed, we may need copies of your bank statements for least three months. This is to ensure that you have provided authentic details, we are also able to use these details to calculate the repayment affordability.

A deposit is not a necessity and we can find a finance arrangement that’s convenient for you. However, putting down a deposit or Part-Exchanging will decrease the overall amount you need to borrow, meaning you’ll pay less every month, overall, increasing your chance for approval. As well, Guarantor Loans or Joint Applications can be used as a fail-safe if you find yourself in a financial bind. Overall, this will heighten the chances of your approval. It is important to remember; the repayments are down to you (and your guarantor).  Defaulting on them will outcome in a negative effect on your credit score, which will consequently impact your credit rating in the future.

Use our finance calculator to see what you could Borrow Today; we have competitive rates, we consider all our applicants on an individual case by case basis, this way we can take all Small Personal Factors into consideration when making a decision. You can call 0330 445 5505 and talk to one of our friendly members of staff who will help you with any queries.

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U Car FInance
U Car Finance is one of the leading UK Car Finance Brokers, we are dedicated to giving our customers the best service as possible. We accept people who have been refused elsewhere, people with good credit, bad credit and people with no credit history at all.

Our Address

U Car Finance
208 Victoria Street (Ground Floor)
Oldham, OL9 0DA
United Kingdom

Opening Times
Mon-Fri: 9.00 am - 7.00 pm
Saturday: 9.00 am - 5.00 pm
Sunday: Closed

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Contact us if you have any questions.

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Phone : 0330 223 4384
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