If you’ve tried buying a car while blacklisted, you will know that vehicle financing isn’t easy to achieve if your credit rating isn’t great. Vehicle financing in South Africa has become quite strict as a result of the Credit Act and in order to buy a vehicle that is financed by a bank or institution, you will need to [...]
Choosing the right vehicle and the best vehicle financing to suit your individual needs can be a daunting situation to be in. Each person has a different way of driving and must be at different places at different times, therefore it is essential to choose the right used vehicle and vehicle financing to safely and efficiently get you from [...]
When applying for a vehicle finance plan, the terms of the contract may become confusing at times. After deciding which company to purchase your car from, and finally being cleared after the detailed look at your credit record, you look at your car financing agreement. The terminology might not always make sense and that is where you might pay [...]
Buying a used car can be risky, but getting vehicle financing for a brand new car costs much more. Most consumers would rather purchase a second hand car. When wanting to purchase a second hand car, you need to ensure that you get the best possible deal. Get financed through a used car dealer – As direct financing may [...]
Vehicle financing can become a stressful situation, especially if you do not have an income or if you are blacklisted and have a bad credit record. Traditional vehicle finance Traditional vehicle finance includes having a good or clean credit record. The agreements are set and are not deterred from. Traditional vehicle finance focuses on being able to pay off [...]
Being blacklisted comes with a wide range of consequences. While people generally hate the fact they’ve been blacklisted, it should be a point of comfort to know that in South Africa, you’re not alone. Many people get a bad credit rating due to unforeseen circumstances. Even though they have made amends and are in the process of rebuilding their [...]
As a business owner, you undoubtedly want to make the best financial decisions in order to take your business to the next level. As many start-up business owners and entrepreneurs will know, you can and will probably face many setbacks during the first few years of your business. In South Africa, it’s vital to have your own transport. This [...]
Everyone has their own individual needs when it comes to the car they want and the vehicle financing they can get. What might work for one person may be a bad option for another person. In this blog post we discuss the various benefits and drawbacks of buying a new car: Benefits of buying a new car It’s brand [...]
There are a number of repercussions when you become blacklisted, like not being able to get a car loan, not being able to get new lines of credit and constantly weighing your options when you need financing for various things. Even if you were blacklisted years ago, you probably feel like some purchases aren’t always a good idea. It’s [...]
Earn-A-Car has become the go-to company in South Africa for alternative methods of vehicle financing. If you have been blacklisted in the past, you might find it hard to get a car loan from the banks. We saw this very real and problematic gap in the market and decided to create an affordable, win-win vehicle finance programme for the [...]
