Unexpected events or changes in circumstances can sometimes lead to missed repayments, loan defaults, debt agreement or bankruptcies giving you a bad credit rating. This hinders your ability to access future credit that includes home loans, personal loans, credit and store cards or any other form of credit. It can also have an impact on potential future jobs or starting a business.
However, there is some light at the end of the tunnel. Lenders have evolved and there are many that understand that sometimes it’s hard to get a second chance. Getting a car loan with bad credit is possible – provided you tick the right boxes and provide the lender with good reasons to extend you a loan.
Finance companies providing bad credit loans are very stringent in their lending criteria – they’re looking for good reasons to approve your finance application. Unfortunately, many people in this situation submit poor quality applications hoping that one will eventually be approved. Our specialist team at Veracity Financial has considerable experience in dealing with bad Credit loans as well as have access to wide range of lenders. We will do all the hard work for you and negotiate best possible outcome from our lenders.
The following tips can assist you in repairing the credit score –
- Get your Free credit report from credit reporting bureaus in Australia.
- Make all your repayments on time.
- Consolidate your debt for manageable single monthly repayment.
- Repay your debt by getting into payment arrangement
- Save some Money
- Minimise number of enquiries and credit applications.
Call us now on 1300 721 258 or apply online https://www.veracityfinancial.com.au/get-approved/ to discuss how we could assist you in resolving your bad credit issues and providing suitable loan options that will fit your current circumstances. We offer a free, obligation free credit assessment.
We would send you a $200 Gift Voucher if you apply online through this advertisement that turns into a completed Veracity Financial transaction. Hurry! Offer valid till End of August 2020.