There are three ways to finance a used car, as we will explain below.
But before you look for a car loan, you need to find out what your credit rating
is. Without knowing that you can't decide if you have found the cheapest interest
rate for your situation or not.
Cick here to get a Free
Experian Credit Report.
If you're credit rating isn't good, or you don't think it is right, read this
car loans advice
Three ways to a car loan or finance:
If you are not sure about the differences between unsecured and secured car
finance, read our car
loans advice .
If you complete any loan application form, you will probably receive a call
from some providers who want to help.
DO NOT just answer their questions and complete a loan application
UNTIL you have asked two key questions:
- Will you credit check me?
- What is your APR?
If they can't answer these questions, don't proceed. If the APR is not good
enough for your credit rating, don't proceed.
If however they are offering the best APR, go ahead and apply!