In 2018, credit bureau data collected by the National Credit Regulator showed that the proportion of South Africans with poor credit records is decreasing. At the last count, 39.1% of credit consumers visible to the formal system had an account overdue – the lowest in years.

While this is positive news for the South African economy, it does not delve into the obstacles that this group of people face when trying to get car finance with a bad credit record. Banks are hesitant to issue loans to people with a poor credit record, which means that they are not able to purchase a car.

This is where rent-to-own car finance comes in. If you have a bad credit record, then you should consider a rent-to-buy car finance plan because companies such as Earn-a-Car do not check your credit history when assessing your application.

Here is a quick overview of what you need when applying for a rent-to-own car from us:

  • Upfront admin fee plus first month’s pro-rata rental
  • Proof of income
  • South African citizenship
  • Proof of identification
  • Valid driver’s license
  • Live in Gauteng

Earna-Car understands the tough road you have travelled, with some detours and dead-ends. With our fleet of over 1 000 cars, you will find that perfect car that fits into your budget and your lifestyle, helping you get back behind the wheel.

What are you waiting for? Visit our showroom in Kempton Park where you will find the perfect car for your unique lifestyle. We offer instant approval and you could be driving away with your car the very same day. Contact us for more information, email today.