When it comes to leasing a new car, all genuine and trustworthy providers will have to carry out a credit check as part of the application service.
When the credit check is processed, it will tell the finance company your credit score and along with a few additional documents, it helps them evaluate how capable you are of making repayments on time.
If you have a poor credit rate, you may be offered different terms or you may be turned down. However, there are providers in the UK that cater for bad credit car leasing, although you may have to go into a short-term car lease deal.
Short-Term Car Leasing for Poor Credit
Short-term car leases can range in duration from 1 month to 18 months, the length of the actual vehicle lease depends on your exact needs and the requirements of the short-term car provider.
Affordability & Stability
Most short-term providers will dismiss what is on the credit report, and like to see affordability and stability.
The documents reuired will most certainly include copies or access to your bank accounts for the last 3-6 months, along with home addresses and employment details.
Car Leasing with No Credit Checks
If a company is offering you a car lease with no credit checks, make sure those alarm bells ring. All companies should carry out a minimum of a soft check along with anti-money laundering checks.
Bad Credit Lease Deals
If you have got bad credit and require a lease deal, then we may be able to help. Complete the form and our team will be in touch. Tell them you have bad credit and we will pass you through to our experienced tea.
