In order to give you credit, banks and finance brokers use your credit score to see how much they are willing to lend. Your credit score also allows lenders to see how well you manage credit, in other words, whether or not it may be a risk to a lender.
Your finance questions answered!
We understand that car finance can seem confusing, but our team of friendly experts are here to help. We’ve put together the answers to some of the most common questions about car finance. If you can’t find the answer to you’re question, simply get in touch with us.
Who can apply?
Zoomo Car Credit specialise in providing finance for all regardless of if you have CCJ’s, defaults, rent/mortgage arreas or no credit history. We can also help if you’re on benefits, self-employed or have started a new business. Even if you have recently been refused credit.
How do I apply?
It’s simple. Fill in our 30-second online application – it’s designed to take as little time as possible. Or call us on 0191 238 1084 and speak to one of our friendly team who will take you through it.
How long does it take to get a decision?
We will process your application on the same day and give you a decision. We’ll call you to discuss the options that are available to you in more detail, and answer any questions you may have.
How much can I borrow?
Various factors such as income and existing financial commitments will need to be taken into account when making a decision on your credit limit. Our team will work with the lender to determine this.
How much will my repayments be?
We tailor your finance to ensure that the repayments work within your budget. We’ll always work with you to ensure you’re comfortable with everything before anything is put in place.
What documentation will I need?
Generally we’ll require a proof of address, full driving licence and proof of income.
I have CCJ’s and Defaults – Can I get finance?
Yes. Everyday we help customers who have been turned down by other lenders.
I’ve already been rejected elsewhere – Can I get finance?
Yes, even if you have been declined from another finance provider, you can still apply with us. We have a large lending panel who offer various tiers of finance, meaning that there is something for everyone.
It is important to note and be aware that multiple applications for credit may have a detrimental effect on your credit rating.
I have bad credit – Can I get finance?
Through our large lending panel we have helped hundreds of customers drive away even without paying a deposit, so get it touch today.
Do you accept benefits as an income?
Yes, we accept various benefits including Disability Allowance, Carers Allowance, Income Support, Child Tax Credits and Working Tax Credits, call us to find out more.
Can I choose the car?
Yes, go onto our website to see some of today’s available vehicles. We have more than 250 cars onsite and 3,000 in group stock so you can have the car you really want.
Do I need a deposit?
In most cases we can arrange no deposit car finance for you however it does depend on the type of car finance you choose.
Helpful friendly staff. Quick and easy process!
Fantastic dealer, really quick at getting finance in place and extremely helpful friendly staff. Would recommend to everyone.
Very friendly staff! Go out there way to get you what you want and very easy process. Would recommend to anyone if you're wanting to buy a car or finance. Thank you :)