Refused Car Finance Helps People With Bad Credit Get Approved For Car Finance Every Day

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Below is our recent interview with Laura Mitchell-Hall from Refused Car Finance:

Q: Could you provide our readers with a brief introduction to Refused Car Finance?

A: Refused Car Finance is a trading style of our parent company UK Car Finance Ltd. We were founded in 2014 and have grown to become one of the UK’s leading car finance brokers. We help people with bad credit get approved for car finance every day. People who apply for bad credit car finance usually have already been declined for finance elsewhere or are struggling to get approved. Our main business goal is to make vehicle finance accessible for everyone no matter what their personal circumstances. We want to enable people to get the car they want within a budget they can afford. We work with a panel of different lenders who can offer finance to a range of customers at the best rate for their circumstances.

Q: How exactly does Refused Car Finance work?

A: The easiest way to apply with us is through our online form. We collect all the info we need from you and your application then goes through to one of our friendly car finance experts who do all the leg work for you! After receiving your application, we do require a quick 5-minute call with the applicant for compliance purposes and to prevent any fraudulent applications.

We then send you to our panel of lenders for possible approval. This can take up to 24 hours for all of our lending panel to get back to us, but usually we have a decision within a few hours. We don’t judge anyone on their credit history but instead look at your personal circumstances and affordability to get you approved at the best rate for you. Your assigned car finance expert will match you up with the most suitable lender for you and provide you with a maximum amount of money you can borrow.

You then choose any car from any dealership across the UK, as long as its within your finance budget. Your finance expert will help you every step of the way. All that’s left to do after that is sign the paperwork, collect the car and drive away – it really is that simple!

Q: There are already a number of car financing companies on the market, why do you think yours is superior?

A: We are one of the leading bad credit car finance specialists in the UK. Many people still believe that getting car finance with a low credit score is impossible and if you’ve already been refused elsewhere it can be really disheartening. For some people, their car is their lifeline and want to help as many people as possible. We have an approval rating of 98.4% and nobody works harder than us to get applicants approved!

Q: What’s the best thing about Refused Car Finance that people might not know about?

A: A common car finance myth is that car finance is slow, but it can be surprisingly quick. We have a great working relationship with many of our lenders and a CRM system which has been specifically design for finance applications, meaning we are able to process applications efficiently. One of our recent applicants was approved with one of our main lenders in just two minutes! We even have many customers who get their car finance deal paid out the very same day.

We can also help a range of different customers with different personal circumstances. For example, not having full time job can affect your chances of being approved. However, we have many options available for self-employed, part time workers, military professionals and also applicants who receive benefit income only. We also offer different finance options such as no deposit and no guarantor deals.

Q: What are your plans for the future?

A: We are partnering with a number of new funders who are looking to offer lending facilities for people who otherwise may have difficulty obtaining finance, to offer unique loan facilities to help more people buy the car they want, from the garage of their choice.

We feel passionately that everyone deserves a second chance, but not at unfair interest rates, so this is why we are working hard to introduce new lenders into the market, and offer the best possible service for every applicant, not just those with perfect credit scores!

As always, we are a free to use, specialist car finance brokerage, we offer a huge panel of lending products and offer a free personal advisor to every customer, designed to help answer any questions or concerns someone might have. We are also proud to offer our customers a vehicle warranty on whatever vehicle they choose, regardless of the garage, completely free of charge.

We are proud of this service, and even prouder that we are able to offer it all completely free to our applicants – we would like to offer this to more and more customers nationwide in the future.