Are you looking for guaranteed car finance? Whether it’s because you’ve been declined elsewhere or you are worried a bad credit history may get in the way, you’re certainly not alone in searching for a guaranteed car loan. We love to help people get that car finance package in place, and have helped many customers get approved that have been declined elsewhere.
Can I get guaranteed car finance?
Guaranteed car finance does not actually exist and you should be very wary of any company that claims to guarantee it. This is mainly down to responsible lending regulations and lender criteria. It would be unethical and irresponsible to secure used 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.
It is not possible to guarantee everyone car finance.
What are my chances of getting car finance?
You’re likely here as you are worried about your chances of getting approved for car finance. We have a panel of specialist lenders to ensure we can offer the majority of our customers some form of finance. Typically, people come to us because they have been declined elsewhere, or are worried that their bad credit score will prevent them from getting accepted. If this sounds like you then there is a light at the end of the tunnel!
Find out more – Does being declined car finance affect credit score?
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. We are super proud of our high approval rate and enjoy nothing more than helping customers get the most suitable finance for them.
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.