Friday, November 30, 2007

Finance Your Vehicle

If you are having difficulty obtaining credit to purchase a car and live in the U.K. you should consider checking out CarFinance.Netcars.Co.Uk. The company offers car financing, car credit, car loans and payment protection for consumers throughout the UK.

It is possible to go to a bank to obtain financing, but while the banks generally offer lower rates - they have more difficult credit requirements and offer credit only to those who have very good credit histories. Finance brokers like Netcars can offer loans to purchase a car at any car dealership at rate comparable to other finance companies.

Here’s how the process works:

1) Whether you know which car you’d like or not you can begin an application with the company for a new or USED vehicle provided the car is under 10 years old and has less than 100,000 miles. You will eventually need to provide the company with mileage details and dealer details.

2) The company will process your application and call you to verify details. A credit check will also be run under your name.

3) Next, you find your car.

4) The company tries to process applications in 24 hours and claims to have an acceptance rate of 90%.

5) The company will email or mail you documents for signing.

6) Drive your car away from the dealership.

While financing companies should not be the only place you look for a loan when purchasing a car. They may offer advantage over a bank or car dealership financing in some cases. Head over to Netcars to learn more about their company and financing options available to you