Car Loan Questions

How much does a car loan with you cost?

We have added a car loan calculator which can give you an idea of how much you might pay. Using this you can compare car loans online. All loans are subject to status and personal circumstances.

I have bad credit, can you help me?

Yes. We have a number of arrangements with lenders who want to help people with credit problems. Visit our bad credit car loans section to find out more.

How much does it cost to get a car loan quote?

Nothing at all. All quotes are free and entirely without obligation. Click here for your free car loan quotation.

Can I protect my repayments?

Yes. We strongly recommend you do. Accident, sickness and redundancy cover is available for a small increase in your monthly repayments to give you peace of mind. However it is your decision and we will not pressure you to take this cover if you do not wish to.

Are there any hidden fees?

No. Fees do not usually apply to our loans.

How long will it take?

To fill out our application form will take you a couple of minutes. From there we will assess your needs and individual circumstances and usually contact you within 24 hours.

Am I limited in the car I can buy?

No. We just provide you with the money, the choice of car is up to you. You can buy a used car or a new car. Having cash in your pocket will enable you to get the best deal.

Is finance secured against the vehicle?

No. Unlike HP (hire purchase) our loans are seperate from the vehicle. Once you have the finance in place you are free to buy any vehicle you wish. Having cash in your pocket enables you to negotiate the best deals.

It also means that should you wish to sell the vehicle in the future you can do so without having to repay your loan. And you could take extra cash with your loan to spend as you please.

Will anyone call at my home?

No. We will not pester you or bother you further.

However, should you wish a representative to visit you in your home, for whatever reason, this can be arranged in certain circumstances by Local Loans.

They have reps in England, Scotland, Wales and Northern Ireland available to call upon you and give you helpful advice about your loan.

How much can I borrow?

There is no limit to the amount you can borrow. As long as you can afford the repayments there should be no problem in getting you a loan. This means that financing "supercars" and expensive motorhomes in excess of £100,000 value is no problem.