So, you want to lease a car. The problem is you have a less than perfect credit score. Maybe you’ve paid one or two bills a bit late, which has resulted in a low credit rating and it feels like you’re never going to get the car you want or need. However, this isn’t always the case. There could be a chance that you can still lease a car. In this article we look at the things that can affect your credit score and the ways you can still lease a car if your credit score is less than ideal.
When we talk about leasing or finance we often talk about it in the long term. Contract Hire contracts are often between 2-3 years and finance options such as Hire Purchase can be up to 5 years so short term isn’t something we really talk about. However, it is an option. And it’s a great option for those in a certain situation. Not many people know that we offer short-term leasing as it is not one of our most popular forms of leasing or finance, but we do offer it. So in this article, we are going to talk about how short-term lease works, the pros and cons, and the reasons why it might be good for the situation you are in...
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.
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