Guaranteed car finance is a term that is often promoted by Finance companies and brokers in the UK but the cold hard fact of the matter is that its rarely as straight forward as this and more often than not will turn out to be a false statement. Sure you may well be able to get a guaranteed car finance deal from a lender that asks for a 50% deposit and the loan being secured on your home but that isn't really the product that he great majority of consumers are looking for! With MSG Cars we dont like to make false promises but we certainly like to think that if anyone can help you to get the approval that you seek it is us. Funding is available on any type of car or van in the UK even if you have previously suffered from bad credit problems or have recently been turned down for mainstream car finance. In the current financial climate we know how hard it can be for even those with even the very best credit ratings to secure car finance or take out a new car lease agreement – mainly due to the banks and finance companies significantly raising the bar when it comes to their requirements to lend money out. At times like these it may often seem like mission impossible to get that Car finance approval to allow you to drive the car that you want but at MSG this is the area of business that we work in day in day out and so can give an honest opinion as to wether we think you will get accepted from our specialist Non Prime lenders. Guaranteed car finance can often mean that the company offering the service will look to charge you an administration fee before going any further and this tends to mean this is how the company makes its profits. The finance companies that we operate with actually fund car purchases and so we operate as a business by getting customers into new cars - period. The lenders use a much different lending criteria that the mainstream funders. Past credit problems that will normally cause you to be turned down such as missed or late repayments, mortgage arrears, defaults, CCJ’s, debt management plans and even IVA’s and bankruptcy do not apply with MSG as we only need to take into account your current circumstances. The main requirement to a successful application on ANY UK car or van is that you can provide 2 months bank statements to prove your income and that you can also provide current identification in the form of passport and drivers licence. As long as you can get hold of this then you can simply choose the car you would like to have and we will supply a quote for the monthly payment. Guaranteed car finance stock cars are always available and will require that you pay what is called an initial payment of 4 times the monthly amount in advance and this will usually be paid to the supplying dealership of finance company. We are able to fund any car that is retailed in the UK and this list includes all premium models such as Bentley, Ferrari, Lamborghini, Rolls Royce, Porsche and Maserati as there is no upper limit to amount that can be lent.
The credit check that is required when using a typical Non Prime funder will be there to confirm aspects such as identity and voters roll trace as you will just need to show that you can afford the monthly repayment on your bank statements and payslips if necessary. Bad Credit problems won’t stop you being approved as all that is relevant is your current circumstances not the past. Many of our customers have had difficulties due to divorce and so cannot apply for mainstream lending for a while or it might be that your credit score is just too low to be accepted for the car finance you really wanted. We also deal with businesses that need additional vehicles urgently and also new start companies with little or no trading history or adverse information registered against them. Often a customer may contact us if there company car scheme has ended and they are unable to get approved on a replacement so are in a difficult position.
Alfa Romeo, Aston Martin, Audi, BMW, Chevrolet, Chrysler, Citroen, Fiat, Ford, Honda, Hyundai, Infiniti, Jaguar, Jeep, Kia, Landrover, Lexus, Mazda, Mercedes, Mini, Mitsubishi, Nissan, Peugeot, Porsche, Renault, Saab, Seat, Skoda, Smart, Subaru,Toyota, Vauxhall, Volkswagen, VW, Volvo and even premium brands such as Ferrari, Bentley and Masserati. The areas that we cover with car finance for bad credit are the entire United Kingdom and delivery is Nationwide. Places include -Bath,Birmingham,Bradford,Brighton and Hove,Bristol,Cambridge,Canterbury,Carlisle,Chester,Chichester,Coventry,Derby,Durham,Ely,Exeter Gloucester,Hereford,Kingston upon Hull,Lancaster,Leeds,Leicester,Lichfield,Lincoln,Liverpool,City of London,Manchester,Newcastle upon Tyne,Norwich,Nottingham,Oxford,Peterborough,Plymouth,Portsmouth,Preston,Ripon,Salford,Salisbury,Sheffield,Southampton,St Albans,Stoke on Trent,Sunderland, Truro,Wakefield,Wells,Westminster,Winchester,Wolverhampton,Worcester,York. Bangor,Cardiff,Newport,St Davids,Swansea,Aberdeen,Dundee,Edinburgh,Glasgow,Inverness,Stirling.
To obtain a monthly price on the car of your choice with Guaranteed car finance please complete a quote request or call one of our consultants today.
Car finance with no credit check?
Car finance with no credit check isn't possible and only available on rental cars as far as we are aware but a good way to summarise the way MSG operate with our car finance and leasing deals is that the search is carried out more favorably. With any high street or 'Prime finance' application that you would normally find with car leasing companies or car dealerships they will have to carry out a Credit search to look at your credit file. This is carried out so they can look at your repayment profile for all of the financial products that you may have had over the last 6 years.
Guaranteed finance cars
Many of our customers initially wonder how in the current financial climate that Guaranteed finance cars can be possible for those that might have in the past had problems with finance repayments and defaulted on agreements. At MSG we don't offer Guaranteed finance cars but we do Guarantee to offer the very best chances to get UK residents into a new or used vehicle and it’s that simple! To be able to choose from any car there are some other items that you will need to supply which includes - two months bank statements.
Bad credit car finance
One of the most used phrases over the last ten years has been 'Bad credit' and if you are looking into getting a new car then it’s likely to have crossed your mind. Getting declined for car finance due to Bad credit is an embarrassing experience and in recent years a large percent of the UK population have found that they have been pigeon holed into the Bad credit car finance bracket. Bad credit can be defined as any activity over the last 6 years.
