When Hazel Compton needed to replace her ten year old car, she thought she’d have no problems with securing finance, but was surprised when she was refused by the car dealership.
Hazel tells the story; “I was really surprised as I’ve always been good with payments. So I approached my bank that I’ve been with for 23 years. But they refused too.
When I asked my friend for help, they recommended me to Credo Asset Finance who advised me to get a credit report to see if any problems came up. I discovered that Egg had mistakenly put me down as not paying off a £16,000 loan, leaving a CCJ registered against my credit file.”
Paul Dowman from Credo Asset Finance says; “I advised Hazel to speak to Egg and ask them to remove the CCJ. Within two hours, she had received a faxed confirmation and an apology.”
Hazel then got finance quotes for her new car – a Hyundai i20; “The dealership offered me finance of £218 a month where as Credo Asset Finance offered me £202 a month, saving me nearly £600.”
Paul visited Hazel the next day to get the paperwork signed, arranging for the funds to be quickly transferred. But that’s not all, as Hazel saved another £100 after Paul haggled with the car dealership to reduce the car price further.
Hazel concludes; “I think their service is great. If it hadn’t been for their advice I would be going round in circles. Thankfully a week after my credit file problem was resolved, I was driving off the forecourt with my new car.”
“Credo Asset Finance is brilliant. They offer a really personable service and kept me up to date with what was happening.”
I would definitely approach Credo Asset Finance before banks as they take the time to find out exactly what you need, before going out of their way to help.”