If you’ve got bad credit, getting accepted for car subscription or car lease may prove difficult. Especially for those with CCJ’s, IVA’s, Bankuptcy or defaults.
We have listed below a partner who may be able to help you obtain a car subscription or short-term car lease. Their process is based on affordability or stability.
Acceptance rates are high, so long as the information provided is correct and this can be verified.
Do they offer No Credit Check Car Leasing?
It’s important to understand that a credit check will still be carried out, this is to comply with anti-money laundering and FCA rules and is purely used to verify your identity.
The basis of the checks is to carry out affordability and stability checks, however, underwriters may still look at your history and CCJ’s to help determine that you will pay for your car on a monthly basis.
What information will be required?
As each and every application is different, our underwriters may request a wide range of documents that could include:
- Copy of Driving Licence (In Current Address)
- Copy of Passport
- Utility Bill dated within the last 3 months
- Employment Details
- Bank Statements showing income and expenditure
They may also ask for items such as proof of property ownership, employment details or copies of visa’s showing your right to work in the UK.
