Over 50 car finance
Are you over 50 and looking for car finance?
You may be struggling to find car finance due to having other financial commitments, such as a mortgage.
Have you, like many other customers had multiple jobs throughout your working life or have you lost your job recently?
At Instant Car Finance, we don't believe that any of these things should hinder your chances of finding car finance. Our team will work with you to try and find a deal for you, working with specialist lenders.
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 most 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, if they don't take the proper time to get to know you and why these things happened.
Instant Car Finance see 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 car finance to individuals who are over 50.
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 also work with people who have poor credit, with specialist lenders offering bad credit car finance to help more people into a car and onto the road.
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.