For many, a car is fundamental. Whether we need to take our children to school, drive to the doctors, or just getting ourselves to work, a car is an important part of 21st-century life. Buying a brand new car outright is not an option for many. Some would rather save the money for something else, and others simply do not have the money. So, car finance is an option. But, is it viable?
We get quite a few customers ring up and ask whether they can get approved for car finance if they are on benefits. And the answer is yes, you can. However, there are some things you should consider first. Can you afford the payments? Because part, or all, of your income, is from the welfare system, any lender will base your ability to pay on...
OSV Limited is an Appointed Representative of Automotive Compliance Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows OSV Limited to act as a credit broker, not as a lender, for the introduction to a limited number of finance providers and to act as an agent on behalf of the insurer for insurance distribution activities only.
OSV Ltd a Registered Company in England and Wales No: 04533176 and whose registered office is D1 Yeoman Gate, Yeoman Way, Worthing, West Sussex BN13 3QZ.
VAT Reg No: 946 3911 02 ICO: Z1606144
Finance is subject to status.