Car Finance and Insurance

What is Pay as You Go Car Finance

Car finance has evolved significantly over the years, offering consumers a variety of options to acquire a vehicle without paying the full purchase price upfront. One of the more innovative and flexible alternatives is “Pay As You Go” (PAYG) car finance. In this comprehensive guide, we will delve into the…

James Evans

September 16, 2023

The Best Cars to Finance in the UK if You Have Poor Credit History

Introduction Financing a car in the United Kingdom can be a daunting task, especially if you have a less-than-ideal credit history. While a poor credit score can limit your options, it doesn’t mean you can’t secure a reliable and affordable used cars. In this article, we’ll explore the best…

James Evans

September 13, 2023

Credit Score Requirements for Car Financing in the United Kingdom

Introduction When it comes to financing a car in the United Kingdom, your credit score plays a pivotal role in determining your eligibility and the terms you’ll be offered. Car finance is a popular way for individuals to acquire vehicles without the need for a large upfront payment. However,…

James Evans

September 7, 2023

What is APR on Car Finance? Our Guide to Annual Percentage Rate

Introduction Understanding car finance can be a complex task, with a multitude of terms and acronyms to decipher. One of the most crucial concepts in car financing is the Annual Percentage Rate (APR). In this comprehensive guide, we’ll delve into what APR on car finance entails, why it matters, how…

James Evans

September 3, 2023

Can You Finance a Car in the UK Using a Provisional License?

Introduction In the United Kingdom, obtaining a driver’s license is an important milestone for many individuals. For those eager to gain their independence, having the ability to drive is often linked to acquiring their own vehicle. However, a common question arises: can you finance a car in the UK using…

James Evans

August 31, 2023

Our Guide to Car Finance Balloon Payments

Introduction When it comes to purchasing a car, there are various financing options available to suit different financial situations and preferences. One such option that has gained popularity in recent years is the car finance balloon payment. This unique approach to car financing offers both advantages and potential pitfalls,…

James Evans

August 28, 2023

Understanding “Approved in Principle”: Navigating Car Finance Approval

Introduction Securing car finance is a critical step in acquiring a vehicle, and the term “approved in principle” often surfaces during this process. It signifies a pivotal milestone in the journey towards car ownership. This article aims to shed light on the concept of being “approved in principle” for…

James Evans

August 25, 2023

Understanding the Car Finance Approval Process in the UK

Introduction Purchasing a car is a significant financial decision for many individuals in the United Kingdom. While buying a car outright is an option, car finance has become increasingly popular due to its convenience and flexibility. Car finance allows individuals to spread out the cost of a vehicle over a…

James Evans

August 22, 2023

Can I Get Car Finance with an IVA? Exploring Your Options

Introduction Facing financial challenges can be overwhelming, especially when dealing with an Individual Voluntary Arrangement (IVA). An IVA is a formal agreement between you and your creditors to repay your debts over a set period, typically five to six years. During this time, you may wonder whether calculating…

James Evans

August 19, 2023

Ending PCP and HP Early – How to Settle Car Finance

Introduction Purchasing a car through Personal Contract Purchase (PCP) or Hire Purchase (HP) agreements has become a popular choice for many individuals. These bad credit car financing options provide a flexible and affordable means to drive a new or used vehicle. However, circumstances can change, and there might come…

James Evans

August 16, 2023

Mastering the Road to Financial Freedom: A Comprehensive Guide on How to Refinance Your Car Loan

Introduction Life’s journey often leads us down roads lined with financial decisions, and one such crossroads involves your car loan. Refinancing your car loan can be a strategic move that puts you on a smoother path towards financial stability. Just as a skilled mechanic tunes an engine for optimal…

James Evans

August 10, 2023

What Happens If My Car Is Written Off and It’s on Finance?

Introduction Life’s road is full of unexpected turns, and sometimes fate leads our beloved cars down a treacherous path. Imagine the heartache of a car owner witnessing their prized possession involved in a severe accident, only to discover that it has been deemed a “write-off” by the insurance company.

James Evans

August 4, 2023