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Vehicle finance for bad credit account holders IS possible.
You are currently browsing carfind.co.za and suddenly you spot your dream car. You contact the dealership and fill out all the forms. Moments later you get a declined notification for vehicle finance. Just because of a bad credit record. This article looks at getting car finance more easily if you have a bad credit history.
You earn R16 000 after deductions and have about R5 000 in commitments. Now, because of unemployment resulting in arrear payments, you have bad credit. Currently you are in the market for a new car, but because of bad credit, you wonder if you'll get a vehicle finance loan to buy it.
You can if the following is in order:
Unfortunately, it will be more difficult if:
Follow these tips to make it easier to get vehicle finance:
To get vehicle finance for bad credit, click on the button below to apply or you can contact us on: 021-835-3030.
Only R117 per month, once-off R395