Find bankruptcy car loan deals...
If you have declared yourself bankrupt and are in need of a car loan, bankruptcy car loans may be available to you. Many companies are willing to help people with bad credit histories rebuild their report with bankruptcy car loans. However, because the lender is taking a bigger risk with someone who has been bankrupt than someone who has a good credit history, bankruptcy car loans will tend to have
- Higher interest rates
- Higher deposit required
- Early repayment and redemption fees
- Strict rules around repayments
If you are looking for bankruptcy car loans, you should shop around to make sure you are getting the best deal available to you.