Poor Credit Options

Poor Credit Option

Having poor credit can make purchasing a car on finance quite problematic. Many companies won’t even consider someone with bad credit, however here at Trusted Car Credit, we believe that everyone deserves a chance.

We offer a wide variety of car finance bad credit deals for those looking to buy a car without the necessary funds. Every application that we receive is considered and although no one is guaranteed finance, we will always try our hardest to find you the best-suited car.

If you found yourself in a situation where you’re unable to borrow money, here are some tips to improve your bad credit history.

Improve your credit score

Better understanding your credit score and the factors that affect it is crucial. Many people have no idea about how their credit score is calculated or what they can do to improve it, which often leads to it making things worse.

Every time you take out any form of credit (e.g. credit card, mobile phone contract, car finance) you start building up your credit file. If your payments are always on time and you fully pay things off as agreed, your credit score will become positive over time. On the other hand, if you fail to make regular payments and you’re in debt, your credit score will likely be poor.

Although it’s much easier to prevent your credit score from becoming poor, having bad credit is not the end of the world. In fact, there are many simple steps you can take to improve your credit score.

 

  • Start with your credit cards. Go through them and cancel the ones you no longer require. Although it probably doesn’t feel like much, the overall amount of credit you have access to affects your credit score. Getting rid of your unwanted credit cards can therefore greatly improve your score.
  • There is a common misconception that applying for as much credit as possible for a lot of different places in hopes of getting accepted is a good idea. This is completely false and if that’s what you’ve been doing, you should stop. Numerous failed attempts to get credit will make you appear desperate, which can impact your credit file.
  • Something as simple as having all your financial commitments registered at the same address can have a positive effect on your credit.
  • Instead of going crazy, applying for credit even after getting turned down constantly, consider improving your credit score before attempting to get credit. Not only will this make getting accepted more likely but you will also stop additional damage from occurring to your score.

 

Although no one is guaranteed car finance at Trusted Car Credit we offer a variety of car finance deals for people with bad credit. Apply to today for a same-day answer and come one step closer to owning your dream vehicle.

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