Owning a vehicle these days is considered essential. Whether you use it for work and recreational purposes or school runs, owning a car gives you the option to get around in your own time, when you need to. However, being able to purchase a car if you have a low credit score or if you do not have a credit [...]
When times are tough, you do your best to juggle income and ever-increasing expenses. Despite your best efforts though, it can easily happen that you are blacklisted or experienced bankruptcy or repossession. With this comes bad credit i.e. a high interest rate or a colossal down payment or both. Moving Forward To right the situation you find yourself in, [...]
People used to look down on used cars, now up to forty million used cars exchange hands every year. As cars depreciate up to 30% in the first year they are on the road, it is not a bad route to consider when buying a new car. Looking for your first used car can be daunting. Luckily, there are [...]
In a world where your credit status is your ticket to just about everything, there’s nothing worse than having bad credit. Having a poor credit record closes doors, while a healthy record allows you to arrange finance to help you live your life more easily – whether you’re buying a car, financing a home or taking out a loan [...]
Not having a car can be really tough. Even tougher is being able to afford a car, but being declined for motor vehicle finance in South Africa because of a poor credit record. Trying to arrange car finance with bad credit is kind of a catch 22 situation, because the only way to improve your credit rating is to [...]
You’re done with school, you have your degree or diploma, and you’ve landed your first job. Now it’s time for a set of wheels – how exciting! In the past, many young people had the privilege of having their first car bought for them by their parents… but times are a –changing, and this may no longer be the [...]
According to accountants, your car itself is an asset because it is something you own which can be sold for cash i.e. it counts as an asset. However, all the other areas of owning a secondhand car lead to confusion. Petrol, repairs, insurance and vehicle finance payments are all costs of owning a car i.e. expenses. A car loan [...]
If you are blacklisted or have a bad credit rating, obtaining car finance can be difficult, but not impossible. Getting car finance can even help you to improve your bad credit rating? How? Blacklisted car finance, once approved, gives you the opportunity to prove yourself as a good and prompt payer. All of your vehicle repayments will be reported [...]
When you are blacklisted, you are not able to make any debt. It is possible however, to get blacklisted car finance. If you are in need of a car and are blacklisted, you can now easily get vehicle finance assistance. Blacklisted car finance is a feature made especially for people with a bad credit record. How to get car [...]
Financing a car can seem a tricky business and it’s even trickier for those who are blacklisted or have a poor credit rating. Easy vehicle finance might seem like a myth, but with access to the right car finance deals with the right vehicle finance companies, you can benefit. There are a number of mistakes that consumers make when [...]
