Before resorting to blacklisted car finance, you should first request a copy of your credit report, to check if the negative information on your credit record is accurate, as this is not always the case.
Identity theft, human error and online phishing scams are just some of the culprits behind incorrect negative listings. After being rejected by numerous reputable lenders due to a bad credit record, this may seem like your only hope
Instead, consider the fact that even the timeliest of debt payers could fall victim to a bad credit history, not of their doing. For this reason, it’s worthwhile to get free yearly copies of your credit report, especially if you have a number of loans, accounts or credit cards.
If you discover inaccuracies, these can easily be cleared up by requesting that the credit bureaux remove this negative information. As such, your credit record would improve and you wouldn’t have to fall back on risky blacklisted car finance.
National Debt Advisors offers free credit checks, so we can do all this for you!
If the negative information on your credit profile is correct, you may have looked into blacklisted car finance as a last resort. However, you should be aware that this is not your only option, nor is it the securest or wisest.
Our advice to anyone considering this is: if you are blacklisted in the first place because you can’t afford to settle your accounts, this is a sign you are over-indebted. In which case, the safest, most constructive way to clear your credit record, once and for all, would be to undergo debt review.
You can enter this very beneficial debt relief process through NDA. We will provide you with all of the support, guidance, reassurance and advice you need along the way, until you achieve financial freedom and can enjoy a financially secure, debt free life.