Your wait to get own a new car has ended now. SafeMoneyLoan brings exclusive deals on car loans, accessible beyond the boundaries of credit scores or employment status. You have a better chance to avail of funding for car refinancing, used car or bad credit loans.
Borrow up to £10000 for the minimum duration of 7 years. You get the affordable amount that goes equivalent to your income capacity and the value of the car. People with a very poor credit scores are also welcome to get finance.
WHAT IS A CAR LOAN?
A Car loan is one of the most applied forms of a personal loan that individuals avail for the purpose of purchasing a new or used car. It signifies that borrowers can buy a car directly from their preferred dealers or private sellers. They can have an ownership right from day one when the car is purchased.
As our respected borrower, you can apply for the affordable amount that you need to cover up the gap while purchasing the vehicle.
You get a lump sum amount that you will have to repay in manageable monthly instalments, which include both the principal amount and the interest rates. We bring several facilities such as repayment holidays in a year. Besides, our interest rates are quite affordable to your finances.
Another significant thing that goes in your favour after getting car finance from direct lenders is no extra cost. Only the interest rates you will pay, and no other surprising fee has been included.
CAN I USE MY CAR LOAN FOR MULTIPLE PURPOSES?
Many individuals are confused about whether they can use the amount borrowed with car loans in the UK for standard cars or similar vehicles. Our loans are so personalised that you can use them for different car options.
To buy a brand new car: Such loans are perfect for buying a fresh vehicle from your own choice of dealer.
To buy an electric car: Nowadays, trends of electric cars are rising, so you can take a loan to purchase them too.
To buy a used car: If you have found a well-managed second-hard car, go for the loan and make it your own.
To buy a car for business purposes: Unlike other lenders, we can provide you with a loan so that you buy a four-wheeler for your business purpose.
To buy a vintage car: If you are fond of stylish vintage cars of older times, then you can add one to your collection by having our tailor-made loan deals.
HOW DO I GET 100% GUARANTEED CAR FINANCE FOR BAD CREDIT?
Individuals having good credit scores find their way easy to get a loan. Problems do arise for those with poor credit histories. Not many lenders would agree to grant them the loans, but we definitely do this. As a responsible direct lender, we work hard to bring almost 100% guaranteed car finance for bad credit people.
You also need to make some efforts for which here are a few suggestions:-
- Analyse your Budget
Your first task is to examine your overall monthly budget. You can use different car loan calculators to analyse your budget and then decide on the right loan amount. - Decide the car according to your income
You may like any car as it looks stunning. But will that be according to your financial capacity? Do not buy a car where you have to use your entire savings to make the down payment. - Opt for No Credit Check Deal
We may consider your application for guaranteed car finance with no credit check. However, it will be on the condition that you must be good in your current financial payments. - Take someone with you as a guarantor
You have a poor credit score, which reduces your financial credibility. It will be better if you take someone as your loan guarantor that keeps your loan application stronger. However, that person should have a good credit score.
WHAT ARE THE FEATURES OF BAD CREDIT CAR LOANS?
Bad credit car loans from a direct lender like us are always a possibility, and no one can deny it. However, you get many more features that will prove your decision right of choosing us.
Here are our loan features:-
Competitive Interest Rates
(Compare our rates with any other lender, and you will find our rates quite affordable in the UK)
Flexible Monthly Repayments
(Sometimes fixed repayments can be a burden on you, so we have kept them on the flexible side to make it convenient)
Lower Rates for Existing Clients
(We always welcome our existing borrowers to go for more loans and get lower interest car loans)
Instant Loan Decision
(We do not delay in making a loan decision. We take an instant decision on each loan application)
Make Early Repayments
(If you want to close your loan early and then you are welcome to do so. We do not charge any fees for it)
No Fee on Loan Quote
When you apply for your desired loan, you will soon receive an obligation-free and fee-free loan quote from us)
WHY SHOULD I ACCEPT THE OFFER TO REFINANCE CAR LOANS?
Do you aim to shrink your car payment? If yes, then go for the car refinancing option and do possible savings. Of course, it will not have any impact on your credit record.
There are 3 significant benefits of refinancing car loans:-
- 1) Save Money
By refinancing, you will earn the opportunity to save money. You can lower your car payment. You can use that saved money for other financial commitments. - 2) Reduce the loan length
Car loan financing really helps you in minimising the scheduled loan length. It means you can be debt-free quite early and can plan for your monthly income in a better way. - 3) You do not have to pay extra interest
Interest rates are the more worrying thing when you go for a loan. If you find that a top-up loan has less interest rate than your existing one, you should go for auto refinancing.
WHAT ARE THE ADVANTAGES OF A LOAN ON A USED CAR?
You don't need to opt for a brand new car only whether your budget allows it or not. You can buy a used car if it is in good condition. If still, your budget is less for an old vehicle, you can approach us anytime to purchase a used car on loan.
We have brought exclusive offers on used car financing so that you can plan your next trip by riding your own vehicle. Here are the following advantages you have:
Acceptance of Bad Credit: We do not mind if you have a poor credit history. Forget your bad credit to get a used car loan on an affordable amount.
No Involvement of a Broker: You do not need to approach any third person to reach us. We are the direct lender and bring loan benefits directly to your favour.
Proper Guidance from our Loan Experts: Our representatives are not only loan experts but car experts too. You will have this double advantage, and they do not charge any fees for their valuable guidance.
HOW CAN I APPLY FOR CAR LOANS IN THE UK?
We understand that you cannot wait for long to purchase your dream car. Therefore, we invite only online loan applications where no lengthy paperwork is needed. You get the quick decision followed by a same-day fund transfer.
Follow these simple steps and grab the offer of the cheapest car loans in the UK:-
Step 01: Decide the loan amount and term after making the initial down payment of the car.
Step 02: Press to 'Apply Now button and fill out a single online application form with the required details.
Step 03: Submit your application and get a suitable loan quote within half an hour to your mail id.
Step 04: Confirm the loan quote and get instant approval from us.
Step 05: Within 15 minutes, you receive a text message that your bank account has been credited with a specific amount (loan amount).
WHY CHOOSE SAFEMONEYLOAN?
You can have loans from any lending institution but only a few can provide them on affordable and practical norms. SafeMoneyLoan is indeed one of them offering car loans on personalised lending. Our company helps you in every possible so that you can sit in the driver's seat and enjoy riding your own car.
| Loans Suit Every Budget | A Complete Transparency | No Forceful Obligations |
|---|---|---|
| Our car loans match everyone’s needs, whether you are a tenant, homeowner, employed, unemployed, or self-employed | Your personal details will be shared only between both of us with no involvement of any third party. Your data is secure here. | You will have peace of mind with no strict obligation to follow. You take your own decision if you want to put collateral or not. |
FAQS
Where do we get car loans with no credit check?
Obtaining car loans without a credit check may not be possible from mainstream lenders. You need a direct lender, and SafeMoneyLoan is indeed a trustworthy option to approach. We do not check your credit score if you are paying your current bill on time.
Can you use direct lender car loans to buy from private seller?
Yes, of course. In fact, it is one of the most significant advantages of applying for a car loan from a direct lender. We do not put any restrictions on this.
Where to get the best car loans in the UK?
SafeMoneyLoan is the right source to get the best loan deal. Here, you will get the advantages like the instant decision, no upfront charges, loans for used cars and same-day fund disbursal.
How to get a loan at low interest on a used car loan?
You have multiple ways to pay low interest, such as:-
- Bringing a guarantor
- Keeping a good credit score
- Earning a stable monthly salary
- Buying an affordable used car not older than 5 years
Can you take refinance car loans from a Direct Lender in the UK?
You can opt for logbook loans by using your used car as security. However, you will get the amount to borrow that is equal to the value of that car at the current time.
Can I get old car logbook loans from SafeMoneyLoan?
Yes, you can opt for logbook loans by putting your used car as the security. However, you will get the amount to borrow that is equal to the value of that car at the current time.
Can you get 100% guaranteed car finance from a direct lender with no credit check?
No lender can guarantee the loan acceptance and allow funds to borrow without any credit check. It depends upon one’s affordability and income capacity.
Do you need to verify documents for bad credit car loan or car finance?
We do not demand too many papers from our clients. However, providing us income proof of the last 6 months is compulsory. In addition, you can show us the car booking slip so we can finalise the amount accordingly.
How to refinance a used car loan on bad credit?
You can contact us to refinance your used car loan. We have the best option for you on lower interest rates and with no bad impact on your credit score.