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car finance

I have been refused finance

14/01/2020 13:30:44

If you have been refused finance for a car loan or any other loan, it probably means you have a poor credit record. This is not the end of the road for you as many brokers deal with lenders who are prepared to lend to people who dont have a great credit record. There are some drawbacks however, the rates vary depending on how poor your credit record is.  Take a look at the table below to show you how credit record scores range.

Score Range Category
300-579 Very Poor
580-669 Fair
670-739 Good
740-799 Very Good
800-850 Exceptional
Source: Experian