Are you looking for guaranteed car finance? In 2021 we have found more people are seeking more reassurance that they can get approved for car finance. Most of us hadn’t heard of furlough over a year ago and certainly didn’t expect it to be our new normal. But here in 2021, your circumstances could be very different from a year ago and you are most likely seeking some real assurance. Whether you have been declined by another company, or you are just hoping for some encouragement then we will do everything in our power to help you.
Can I get guaranteed car finance?
We’re sorry, but guaranteed car finance does not exist and you should be very wary of any company that tells you otherwise.
The reason it isn’t possible for any company to offer guaranteed car finance. This is mainly down to responsible lending regulations and lender criteria. Bluntly put, it’s unethical and irresponsible to secure car finance for every customer that applies, as this may cause a customer who can’t afford finance to get into serious financial trouble.
What the law says about guaranteeing car finance
There are numerous laws and regulations that outlaw misleading and false advertising. Under the Unfair Commercial Practices Directive and Trade Descriptions Act, it outlines that traders must not engage in misleading or aggressive practices which would be likely to cause “the average consumer to take a transactional decision he would not have taken otherwise”.
Is guaranteed car finance a myth or scam?
It’s fairly common online to see companies advertising that they can secure guaranteed car finance. The reality is that no company can guarantee car finance for any individual. There may be able to offer a very high approval rate but no company can outright guarantee car finance.
Guaranteed Car Finance doesn't exist
So, if not guaranteed what are my chances of getting car finance?
Now that we have established no one can guarantee car finance. Why can we do for you?
You’re likely on this page as you need some reassurance that when you apply for car finance you’ll get accepted. We have a panel of specialist car finance lenders to ensure we can offer the majority of our customers some form of finance. Typically, people come to us because they have been declines elsewhere, or are worried that their bad credit score will prevent them for getting accepted. If this sounds you then there is a light at the end of the tunnel!
At Refused Car Finance, we specialise in bad credit car finance and have chosen a select panel of lenders who can offer the most suitable packages for you.
Our customers rate us “excellent”
We might not be able to guarantee you can finance, but we have helped many people in situations just like you get their finance sorted and into their next car.
Dan is definitely the man when it comes to arranging car finance. I had spoken to a couple of other companies who promised everything but delivered nothing, but Dan got me a low rate of finance and very fast all pre approved. He knows his business, I would definitely recommend Dan and Refused Car Finance.
Genuinely surprised that they could place me in the car I wanted within 24 hours.
My credit application had been turned down by mainstream lenders and within 24 hours these guys had the money transferred and I was picking up my car.
After 2 weeks running around with another finance deal from a company I won’t name but starts with Z, I decided to cancel my app with them and go with Refused Car Finance. Jacob was straight to the point, explained the situation and he had me in the car by the weekend. No bull just professional and quick service. The business is just what car finance should be; easy, responsive, good comms and no messing.