Bad Credit Car Loans FAQs

Cars are a depreciating asset with some cars dropping in value considerably when you drive them out of the showroom. As a result, gap insurance is a type of top-up insurance. Consequently, gap insurance covers the gap between the loan amount owed, and the value of your car in the event of an accident where the vehicle is a total write off. For this purpose, gap insurance is an optional policy to your comprehensive car insurance.

April 22, 2020

What is gap insurance?

Cars are a depreciating asset with some cars dropping in value considerably when you drive them out of the showroom. As a result, gap insurance is […]
April 22, 2020

Can I get a car loan with unpaid credit defaults?

Yes, you are able to obtain finance with unpaid defaults. However, the interest rates may be higher than bad credit car loans where the credit defaults […]
April 22, 2020

Can i get a car loan pre-approval?

Yes, in fact, we advise obtaining a pre-approval before buying a car. Indeed, you need to ensure you are able to gain finance approval so you […]
April 22, 2020

Can I get a car loan with a Part IX Debt Agreement?

Yes, you are able to get a car loan with Part 9 Debt Agreements. However, the overall conduct of the debt agreement must be conducted well.
April 22, 2020

What are the bad credit car loan interest rates?

If you have checked your credit report and found you have credit defaults, you can still obtain finance to buy a car. However, the interest rates […]
April 22, 2020

What are bad credit car loans?

Bad credit car finance is used to buy a car when you have credit defaults. Given that, we find when you have credit defaults on your credit […]
April 22, 2020

Are there upfront fees with car loans?

There are no upfront fees with bad credit card loans. However, depending on your type of bad credit a deposit may be required.
April 22, 2020

What loan terms are available with bad credit finance?

Bad credit car loan terms vary depending on the severity and age of the credit impairment. Therefore, loan terms can be from 1 year up to […]
April 21, 2020

Can I buy an older car with a bad credit car loan?

The age of a vehicle is an important factor with all bad credit car loans. Consequently, most lenders like the car no older than ten years […]