Bankrupt car finance
Bankrupt car finance advice
Being declared bankrupt does not mean you cannot be approved for car finance. At Socialmotors we are able to help people who been previously declared bankrupt, obtain an affordable finance deal for a car, taxi, van, minibus, caravan or motorhome.
We have lenders on our panel that specialise in helping people who have been discharged bankrupt purchase an affordable finance package to suit your needs. Once you have been declared bankrupt, your credit score is severely damaged. Entering into a hire purchase agreement and demonstrating you are able to successfully manage and repay the loan , will stand you in good stead to improving your credit file.
Bankrupt car finance criteria
There are many factors that our lenders look at when assessing a finance application, such as; your employment status and income, to determine your suitability to take out a loan. Socialmotors can help you obtain the best car finance deal available whether you are part-time, self-employed and even if you’re retired we could still help.
Socialmotors car supermarket have thousands of vehicles to choose, with no deposit required. We have access to the most competitive rates of finance in the UK, giving us the ability to provide the lowest rate car loans available for your personal circumstances.
