A
common question from people who apply for car finance
with us. And of course the answer is very varied. We
have had some customers who have been approved
instantly with our lenders and actually picked up
their car from the dealer within the hour.
Whilst this is fantastic new we would say only 10/20%
of clients can get finance with our lenders this
quick.
Why may there be a delay with my
approval
Many many factors come into a car
finance approval and proof of residency and proof on
income are the most common factors in slowing down a
car finance application. So when you are applying
please ensure you enter AS MUCH information about
previous addresses and previous employment details as
possible. Even adding upto 5 years helps the
application move through the system quicker.