We’ve all seen the adverts offering Guaranteed Car Finance. But can it be done?
The short answer has to be NO! Realisticly nobody can guarantee to offer you a loan or finance. Perhaps the ads should read Almost Guaranteed Car Finance but it doesn’t quite have the same ring to it does it.
So if it can’t be done, why not? Because every lending decision taken by a responsible company must be based upon the individuals ability to be able to afford the repayments, and that’s assuming the company is prepared to ignore the applicants previous credit history.
Have you ever been offered guaranteed car finance? Was it true?
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