Over 50 car finance
Are you over 50 with a valid UK driving licence but struggling to secure a car loan due to other financial commitments such as a mortgage?
Have you, like many older clients had multiple jobs throughout your working life or lost your job recently?
At Instant Car Finance one of our dedicated financial advisors will work with you to get that car loan you require.
Car Finance for People Over 50
It is not always easy for car finance applicants to gain approval for car finance when they reach a certain age. Having a number of important financial commitments, such as a mortgage, children and grandchildren presents more of a risk to lenders.
At the age of 50, it is not uncommon to have had multiple jobs or to have lost a job, and unfortunately, seeing this on paper can make certain finance providers reluctant to approve your application.
Instant Car Finance sees things differently. We understand that having other financial commitments and experience in employment does not make you an unreliable borrower and we work with lenders who share this belief and will offer individuals who are over 50 car finance.
Who Can We Help?
At Instant Car Finance, we can help anyone over the age of 18 to secure car finance, including groups who typically have the most difficulty gaining approval, such as individuals under 21 or over 50.
We may require proof of income, such as wage slips or bank statements if you are self-employed. This is to ensure that any car finance agreement that you accept is affordable and will not lead to financial problems in the future.