Carfinance 247

Founded in 2006 CarFinance 247, a licensed car finance broker, provides affordable and flexible loans for cars, vans, motorbikes and other vehicles from the dealer of your choice.

Products:

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All credit types
Rated 5.0/ 5

CarFinance247 Why?
Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

Loan Amount
£1,000 - £250,000

Representative APR
6.9%

Loan Term
1 - 7 years

Loan Type
Vehicle Finance Broker

Status
Homeowners & Tenants

Finance for cars, motorbikes, vans and motorhomes. We make the process hassle-free & provide the customers with a helping hand throughout. Our aim is to get the best possible finance deal, whilst providing an efficient service of the highest quality.

Representative Example

About Carfinance247

Car finance from Carfinance247

Car finance from Carfinance247

The company offers multiple financing options to help customers achieve their car-buying goals through competitive rates and easy and faster loan processing. CarFinance 247 specially caters for the bad credit cases and never rejects the application solely on the basis of poor credit score.

The benefit of using CarFinance 247 is that they are a finance broker, not a direct lender. They are able to match their customers with the best and most compatible car loans tailored to their needs. This lets the customers to shop around and compare the prices with more than 100 products that many companies can offer. In addition, the company also offers different insurance products that protect the customers. It is especially useful if you are not just looking for a car financing option but also coverage products.

CarFinance 247 considers poor credit history as well as irregular employment history. The expert consultants of the company work hand in hand with the applicants to assess the loan application. Though the loan approval is not guaranteed, yet a lot of customers having bad credit have been found to secure loans from CarFinance 247. Even the students who have no credit history but possess a valid UK license, bank account and updated employment details, are also considered.

CarFinance 247 is a specialized car finance broker that offers loans at affordable prices and competitive interest rates with reasonable charges and fees. These loans usually have longer tenures than normal loans, and can be availed for Motorbikes, Motorhomes, Caravans and Vans.

The loans offered by CarFinance 247 range from £1000 to £250,000. With an APR (representative) starting from 6.9% (based on the credit rating), and the choice of repayment tenure as 1 to 7 years. The best thing is that CarFinance 247 can provide loans for your vehicles from the dealer of your choice.

The Core Features of CarFinance 247 Loans

  • APR starting from as low as 6.9%
  • Acceptance of poor credit, CCJ’s & Defaults
  • Guarantor applicants accepted
  • Borrowing ranges from £1000 to £250,000
  • Fast application processing
  • No deposit fee and arrangement fee
  • Flexible loans repayment terms, from 1 to 7 years
  • Prompt customer service
  • Deals in Motorbikes, Motorhomes, Caravans and Vans

How does it work?

If you are interested in securing a loan, you must complete a short online application process in order to be considered. The application asks for details pertaining to the vehicle purchase, including the amount to be borrowed, the type of vehicle, and personal information such as residence and employment history. Once submitted, customers are notified by email or text message whether their application has been approved or declined.

After the approval of the application and the initial discussion has taken place with the assigned advisor, you can move forward in choosing a vehicle, if you have not done so already. This will prompt the necessary documentation to be sent for your signature. Once the fully executed documents have been received, the funds will be released to the dealership of the client’s choosing, and they are free to obtain their financed vehicle at any time.

In addition, while a deposit isn’t mandatory, CarFinance 247 can accept down payments in the form of part-exchanges or cash and this will subsequently reduce the total amount that you are borrowing.

The Final advice

If are looking for financing options for your vehicle that are affordable and flexible, plus if you have poor or bad credit, or you have been refused a loan elsewhere, CarFinance 247 may help. At CarFinance 247, once your finance is approved, you are free to choose a vehicle from any reputable UK dealership. This means you have plenty of choice and gives you the freedom to find the perfect vehicle.

FAQ's

How does Carfinance 247 work?

They are a car finance broker. However they can help you arrange finance on almost any type of vehicle including vans, motorbikes, motorhomes and caravans.

Can I buy a car from anywhere once my application has been accepted?

Yes. Once a customer has a budget in place, the customer can browse cars in the exclusive member area of CarFinance247. With both a website and mobile app, it makes it easy for customers to search for their dream vehicle. As well as this, customers can choose a car from any other reputable dealer outside of the member area.

Can I get a car loan with bad credit?

Yes. Carfinance 247 can help even if you have a history of bad credit, defaults, CCJs or if you are a discharged bankrupt.

How can I apply for a loan?

Simple use the apply button above and apply direct via the website.

We are independently reviewed by our verified customers and web users:
Rating: 4.6 / 5 with 29 votes

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