Representative Example: Borrow £7,000 with £1,000 deposit over 48 months with a representative APR of 17.9%, monthly payment would be £171.83, with a total cost of credit of £2,247.83 and a total amount payable of £8,247.83.
CarMoney Limited can introduce you to a limited number of finance providers based on your credit rating and we will receive a commission for such introductions this can either be a % of the amount borrowed or a flat fee. This does not influence the interest rate you’re offered in any way.
CarMoney is a broker not a lender
Car Finance with Good Credit Score
What Is Expected To Get A Good Credit Score
A good credit score indicates that you can usually expect to be accepted when applying for finance. Additionally, a good credit score usually means that you a likely to be in a position whereby you can choose for a number of different credit providers. Essentially, you can shop around for the best deals.
It is expected that you have lived consistently at the same property for a number of years, as the homeowner or a long term tenant. Furthermore, it is likely that you are registered on the electoral roll.
A good credit score usually goes hand in hand with a person who can present a stable employment history. Alongside this, it is expected that you can demonstrate a long-established credit history with mortgages, loans and credit cards with very few missed payments.
The Benefits of Car Finance With A Good Credit Score
Being able to exhibit a good credit score will help greatly when it comes to financing a car. With CarMoney, car finance with a good credit score means you can expect the ability to shop around a little for the best deals. Lenders see you as a lower risk applicant, and will offer good deals to win your business.
Good credit car finance loans with CarMoney typically start at a very good rate of 8.9% APR. These lower rates of interest obviously save you money on the purchase of a new car, but also make it easier for you to continue building your good credit rating. Keep up the good work and you could be looking at an excellent credit rating.
With all this in mind, there couldn’t be a better time to consider financing a car using your well-earned good credit rating. At CarMoney, we can take your good credit rating and use it to track down the very best finance offers on the market.
Why Choose CarMoney’s Good Credit Car Finance Service
At CarMoney, we seek to help you get your hands on the wheel of a brand new car with our car finance deals. And with a good credit rating, we can present you with the best deals on good credit car finance.
Our highly experienced team have helped so many car finance applicants with good credit scores to track down the very best car finance rates. We stick to our unbiased, fast and no-fuss good credit car finance service to help you drive away your dream car.
Test drive our online car finance calculator and no obligation application form and discover how much car finance with good credit you could receive today.