Motorly
Listing Description
- Accepts Credit Cards
Can I get black box car finance with bad credit?
Yes, you can. Black box car finance is designed to be more accessible, particularly for those with bad credit. The black box provides extra security for lenders, which makes them more willing to approve your application even if your credit history isn’t perfect. It’s a great option if you’ve struggled to get approved for traditional car finance in the past.
How does black box car finance help improve my credit score?
Black box car finance can help improve your credit score by encouraging regular, on-time payments. Each payment you make is recorded, and over time, this positive payment history can boost your credit rating. As long as you keep up with your monthly payments, you’ll be building a better credit profile, which could open up more financial opportunities in the future.
What happens if I miss a payment on my black box car finance?
If you miss a payment, the black box will alert you, typically with a flashing light or a text message. You’ll usually have a grace period to make the payment before any further action is taken. However, if you fail to pay within this period, the black box may disable your car, making it undriveable until the payment is settled. It’s important to stay on top of your payments to avoid any disruption to your driving.
