Many South Africans have struggled financially over the past few years. If you’ve been having a hard time because of unpaid loans and credit cards and have decided to face the music – congratulations.


If you are just getting out of bankruptcy or are under debt review, financing a car may be of great concern. While many car finance deals are available only to people with a sound financial record, Earn-a-Car offers car financing even if you have a bad credit record. What’s more, our financing plan can help you improve your credit record while you get back on your feet!


Choose a rent-to-own finance deal from Earn-a-Car

Bad credit car loans are available from Earn-a-Car: unlike traditional car financing you rent your vehicle from us while we retain ownership for the duration of the lease period. For every monthly rental payment you make you receive R300 cash back. This is paid as a lump sum at the end of your lease period. At this stage, you will have the option of purchasing your car: your rental payments will be calculated as vehicle instalments and your cash back money will pay any amount owing.


Improve your credit record with regular payments

Every timeous payment made to Earn-a-Car will go on record indicating that you can be trusted from a financial point of view. This will reflect on your credit record and can be a step towards getting rid of your blacklisted status.


Quality used cars rather than brand new

Everyone knows that a brand-new vehicle devalues significantly the moment you drive it off the showroom floor. Pre-owned vehicles are a much better option for financing if you are budget conscious. At Earn-a-Car, we have a wide range of high-quality used vehicles available.


Apart from being an affordable option if you are blacklisted, have a bad credit record or are just getting out of bankruptcy, car financing from Earn-a-Car offers many other benefits: included in the monthly rental is basic accident cover, vehicle tracking, R250 towards servicing costs, breakdown assist and much more. If you are permanently employed and can make a minimum R10 000 down payment, our easy online application can instantly be approved and you could be driving your ‘new’ vehicle in the next few days!


For information on car finance solutions if you are blacklisted, have a bad credit record or are under debt review, contact us today.