What is the best Car finance company if you have Bad Credit rating?
I have a very bad credit rating and would not get credit from an ordinary dealer. So i am wanting to get a car for about £3,500 on finance. What is the best company that you recommend that will charge the lowest interest?
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The best company is NOT using a company.
Save up some cash, and buy a vehicle outright. Otherwise, all you’ll end up doing is paying a TON of interest, which you likely will fall behind on, which will only hurt your bad credit FURTHER.
The stupidest idea when you have poor credit, is to attempt to finance something you can’t afford anyway.
Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool - carquotes.sinfree.net