If you are looking to buy a new car but have been having trouble getting approved for motor finance then our Guaranteed contract hire offers are just what you have been looking for. MSG are able to get you car finance on the vehicle of your choice even if you have a bad credit rating or have been turned down by other lenders for reasons such as no credit rating. The guaranteed contract hire companies that we use have a much lower scoring system or method of looking at your application than the mainstream car finance and car loan funders and will look at other factors.
Whilst it is never 100% certain that you will get approved we have an excellent approval rate no matter what problems you might have had before. We typically require 3 full months bank statements for the finance company to process your application and we would be looking to see no recent adverse problems in the last few months. Common bad credit reasons for getting declined for mainstream finance can include mortgage arrears, bankruptcy, being on a debt management plan, County court judgement CCJ, default, missed payment, late payment on accounts and even if you have no credit rating.
