Refused Car Finance: What You Need to Know
Being a car owner is, many times, more than just an option. It is a matter of “need”, especially for people who have to travel long distances to work. If you have decided to buy yourself a car (or to replace your old one), the first places to look for financial help were probably the more “traditional” institutions (banks, car finance companies and so on).
If you have been refused there, you really don’t need to despair. Refused Car Finance is a great option for you and it will definitely help you buy the car you need so much. Here are some of the most important things to know about Refused Car Finance.
Income, Credit Score and Occupation Don’t Matter That Much
They do matter to the more traditional money lenders out there, but with Refused Car Finance, it will be much easier for everyone to be accepted for a car loan. For instance, if you have an occupation that is considered to be more “unreliable” (such as being a self-employed person, for example), a traditional money lending institution will probably refuse your application – but Refused Car Finance, you will not have to worry about that.
How Much Can You Take? How Much Do You Have to Pay Back?
With Refused Car Finance, how much you can borrow depends on a variety of criteria (how much money you currently make, how good your credit score is, and so on). In general, having a decent income will help you get enough money for a genuinely good car.
Furthermore, how much you have to pay back depends on how long it will take for you to do so and on other criteria as well. However, keep in mind the fact that Refused Car Finance will never advise anyone to take more money than they can actually pay back – so you don’t have to worry about becoming over-indebted.
Everything about Refused Car Finance is made to be extremely easy and accessible – and not just the criteria for approval. Even the application process is extremely easy and straightforward. Put simply, you will have to visit their website and apply for a loan there. In most of the occasions, an answer will be given within one hour from the moment the application was sent. Yet, if that doesn’t happen, rest assured that you will receive an answer as soon as possible so you will not have to wait for much longer to get your final answer.
Once you have received your approval, you will have 30 days to find a suitable car. When you decide on it, the money will be directed for the purchase of this car and you will be able to take it home. If there’s any kind of delay that stops you from settling on a particular car in 30 days, the terms of the contract with Refused Car Finance can be renegotiated, so you don’t have to worry about losing the opportunity.