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četvrtak, 26. srpnja 2007.

 

How To Obtain?

Getting a used car loan UK is not a complicated task anymore. Today there are a number of finance companies in UK that offer finance on old cars. However, you should not approach only one finance company for obtaining car loans UK. Rates of interest as well as terms and conditions vary from company to company. The best way of getting a good deal is to obtain quotes from at least 5-6 firms and then compare them to arrive at the best offer.

The rate of interest charged for used car loan UK depends upon the credit score of the applicant. If you have a good credit score, you can easily get low rate of interest and there would be no problem in getting a pre-approval for cheap car loans. But that does not imply that people having a bad credit score cannot qualify for car loans UK. In fact there are a large number of people in UK who have poor credit ratings. But even they can get used car loans. Only thing is that they are charged higher interest rates. They do get penalized for their pecuniary errors, but at the same time they also get a chance to improve their credit ratings. By making timely payments, they can qualify for low car loans.


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