Are you worried about a car finance credit check?
worried about whether your new car purchase financing application will
be accepted? Are you in a debt management plan, or do you have CCJ’s? Do
you have poor credit, or have you had a credit application denied in
the past and aren’t confident of getting approved for car financing? You
might be in search of “no credit check car finance”, especially if this
applies to you.
Fortunately for you, BuggyDough can
offer some assistance. We understand that you may experience financial
hardships, simply because life can be complicated at times. We don’t
share the belief that you should suffer as a result by being denied
access to financial opportunities and products since what is done is
Although credit checks are part of the
process, you should not be worried. We have built strong connections
with lenders offering poor credit loans, in addition to having a history
of high approval rates. This gives us a great chance in getting you a
Regardless of credit history and
circumstances, we have assisted a huge number of individuals in a
similar position secure financing over the years. Individuals who have
been denied by other lenders due to previous defaults and bad credit
have had their car financing applications approved- at reasonable rates
if we may add.
What role do we play when financing a car?
We give you access to a huge selection
of loan providers, owing to our position as independent online
specialists in the field of car finance. We strive to match you with the
best and most affordable product available from the given selection
when you fill out and submit a car finance application.
Since we only display the products that
you qualify for, we work to match you with products offering the best
repayment terms, saving you money and time in the process.
Whether you are interested in buying a brand new or used car, we offer both contract and hire purchase solutions.
You can acquire the car you want from your chosen reputable car dealership countrywide without having to put down a deposit.
Reasons why we should be your first and only choice
It’s unfortunate that a huge number of
individuals seeking car financing apply to different service providers
for a number of loans. However, this may end up denying even qualified
individuals the opportunity to secure to financing.
The reason is that each lender has
their own set of loan approval requirements, this means that while you
may not be able to fulfill the requirements set by one lender, there is a
chance that you can meet those set by another.
Even more importantly, making a number
of car financing applications, with the hope that one will go through
can harm your chances of securing financing in future. The reason for
this is that all the applications are compiled in your credit file. This
file acts as a record of your present and past financial position; most
lenders refer to this file before approving applications. Numerous
applications can trigger alarm bells for any loan provider as they are
thought to represent financial desperation.
It makes a lot of sense for you to turn to the services of expert services like ours.
Our car finance process
Give us a call or fill out our online form and we will provide you with a response in a matter of minutes.
You will be assigned a dedicated
financial advisor with whom you can discuss your available options,
after the approval of your application.
Free credit check for car finance
If you were turned down in the past for
credit, you naturally must have wondered ‘why?’ You might think you are
on some type of ‘credit blacklist’ and will never get approved for
The ‘credit blacklist’ is actually a
myth. Even better, just because you were refused before, doesn’t mean
that you won’t be able to qualify now or sometime in the future for a
credit agreement that is affordable for you.
Whether you get approved for finance or
not is often due to the policies of the individual lender. The
following are some of the common reasons for getting refused:
According to your credit report you
have several loans already, and the lender has concerns that you may not
be able to afford any more.
You may not fit the profile of the
lender – for example, a credit card provider might only issue credit
card to individuals who have less than three existing cards, or certain
mortgage lenders may specialise exclusively in providing first time
buyers with mortgages.
You have ‘bad credit – it might be due
to the fact that you are self-employed (maybe you are unable to prove
your income), your house was repossessed for non-payment on the morgage,
you are in arrears, have loan defaults, or an outstanding CCJ.
You have moved around a lot – some
lenders prefer individuals who have resided at the same location for at
least three years – or you are able to show they have a long term
relationship with a bank or other financial institution.
You have a low credit score – there are
some lender who base their decision on things such as your credit
history, details they might have on you if you are a customer already,
or other specific details that you have provided on your application
It is very important that you have a
good understanding of your credit profile along with the information
that is contained in it. If you access your credit profile it will allow
you to see what is positively or negatively impacting your credit
score, in addition to being able to notice whatever mistakes are on
there and increasing it if necessary.
Over time your credit score will
change. However, since we work with a large number of lenders, we will
be able to find the finance option that is the most suitable for your
individual situation. If you were refused by other lends, that isn’t
necessarily a problem, since many of the lenders that we work with can
assist customers in these situations.