Personal Car Loans
Personal car finance loans
Personal loans was once only available from a building society or a bank, in today’s world many organisations are able to arrange loans for personal use – Socialmotors is one of them.
Due to the large panel of lenders we have, we can arrange personal loans for customers at the most competitive rates available. Giving you the ability to buy any car you desire, without the risk of being repossessed if you do not keep up with your repayments.
If you have ran into financial difficulties in the past, to the point you have not paid your creditors. You have been declared bankrupt or entered into an IVA (Individual voluntary agreement) or have CCJ’s against you name. You’re more than likely going to have a poor or bad credit score, if this is the case we still have an unsecured loan option available in the form of a guarantor loan.
Personal car loans finance criteria
If you are looking to finance a vehicle, Socialmotors has you covered. We have hire purchase finance options available on cars, vans, motorbikes, caravans and motorhomes. Our lenders consider all applicants and base their decision on many factors such as; your income and affordability, your credit status and personal circumstances.
If your credit score is good and you decide to purchase a personal loan agreement, you are able to choose any vehicle you like; private or trade.
Other types of finance available: