‘Guaranteed car finance’ is a term sometimes used by firms to appeal to customers who might typically have a sub-prime credit record. In reality, ‘guaranteed car finance’ does not exist.
It is irresponsible for any company to advertise guaranteed finance for cars, unless the finance provider is willing, and able, to provide finance to everyone one who applies which would pose a great risk to them. The Financial Conduct Authority expects its authorised firms to treat their customers fairly.
Every statement made by a company must be ‘clear,’ ‘fair,’ and ‘not-misleading.’ It would be unfair to customer to ‘guarantee’ car credit, without having first undertaken an assessment of the customer’s needs, and an assessment of their affordability. At New Look Loans we deal with responsible lenders, who put our customer’s needs first, based on criteria that ensure fairness for each and every one of our customers. Our multi-faceted search programme allows us to put our customers in contact with a large panel of lenders who will provide them with a huge range of options to suit their personal circumstances. Our customers can choose a repayment term that suits them and their budget.
New Look Loans benefits from its reputation as a reliable finance broker with whom many lenders wish to trade. A large panel of lenders provides the customer with multiple options and enables us to find the most suitable, and competitive, loan. This ensures that each customer gets a tailor-made loan at a great price. New Look Loans specialises in dealing with customers who may have struggled with obtaining finance in the past. We endeavour to help everyone who gets in contact with us and to find the best deal for each individual who comes to us.
Obtaining vehicle finance can seem daunting and complicated. At New Look Loans we have designed a system, which is aims to simplify the process. Simply fill in the easy-to-complete online application form, and one of our customer service representatives with promptly be in touch. We will efficiently and professionally deal with your enquiry, to source the best possible financial solution for you.
We also ensure that the customer is cared for at every stage of purchasing a vehicle. We assist our customers in finding a reputable dealer so that they can be safe in the knowledge that their vehicle will take care of them, whilst we take care of the finance.
New Look Loans have created an inclusive business which does not discriminate based upon poor credit history. Without offering guaranteed car finance, we endeavour to find vehicle finance for all those who contact us.