It is not likely that no-deposit finance discounts are going to be agreed to motorists with a credit score that is poor. That is because supplying car lease without any deposit is a bigger danger for loan providers, as it indicates lending all of the cash to pay for the total cost of a car or truck – which loses value once you drive it away – plus interest.
Because of this, no-deposit finance is normally limited to motorists having a credit score that is good. Having said that, you to secure car finance, as the larger the deposit is, the less risk you pose to the lender if you do have a reasonable amount of cash to hand, putting down a larger deposit could help.
Read on for easy methods to boost your credit history below.