What happens if I do not meet my monthly repayments?
The vehicle remains the property of the finance lender until it is paid for in full. If you do not meet your monthly payments the vehicle may be repossessed by the lender.
The lender may add interest and penalty charges if payments are missed. Details of these charges must be provided by the lender when you are offered a loan.
Liverpool Car Credit is a finance broker and does not provide funding.
How are my monthly payments collected by the lender?
Monthly payments will be made directly from your bank account by Standing Order/Direct Debit.
Will my credit score be searched when I apply?
Your credit details will be searched by a UK credit reference agency. This will not affect your credit score but if multiple applications are seen over a short period it may give lenders cause for concern.