Poor Credit Rating can often lead to customers being rejected for used car finance deals. A poor credit rating, or credit score could be caused by previously missed payment obligations, County Court Judgments or a declaration of bankruptcy. At Windsors, because we are a credit broker and not a direct lender, we work very closely with a panel of lenders from prime to subprime to help you buy a car.
They will take a look at each one of our customer’s credit history and do their best to find a finance deal that can be tailored to your needs. Our finance team will offer you all the advice you need if you have money worries and will never pressure a customer into a situation that would harm them financially. Alternatively, you can also get free and impartial advice by getting in touch with the Citizens Advice Bureau or Money Advice Service. (Sub-prime finance is not guaranteed and may cost more than finance provided by a prime lender. We will try to obtain finance for you but there is no guarantee. It may be from a sub-prime lender, and if so, the cost of finance may likely be at a higher rate than prime lenders offer).
We can introduce you to a limited number of lenders. We typically receive a fixed commission calculated by reference to the vehicle model or amount you borrow, for introducing you to a lender but this does not affect the interest charged on this agreement, all of which are set by the lender. Our Manufacturer supporting finance partners also provide preferential rates to us for the funding of our vehicle stock and financial support for our training and marketing.
All finance applications are subject to status, terms and conditions apply. UK residents only,18’s or over. Guarantees may be required.