Getting hold of some wheels to help your business, or to help with your logistical responsibilities, can be a drag when you have poor credit. If you keep trying the same old providers, you’ll find that everything goes fine until the moment at which you have to provide your credit details. Then, you’ll find yourself told you’re not eligible to lease your vehicle. If you don’t have the cash in the bank to buy outright, you can feel backed into a corner at this stage. If know where to look, however, there are still options out there. This short guide will show you exactly how to lease a van even with a bad credit score.
Find a Provider
So, you’ve been through all of the providers on the internet, and you’ve hit the same stumbling block. Clearly, then, what you need to look for is a company that respects your financial situation and trusts you to make monthly payments regardless –these can be found by searching for a poor credit car or van leasing company. One such provider is CVS, who have dealt with many individuals with poor credit, and are fully aware of how frustratingly slow and predictable it can be to wait on providers to run your information through their system before rejecting you because your credit score isn’t perfect. Providers such as these understand and can help you nonetheless.
Locating a Van
Before making out a lease contract for you to pay monthly for the vehicle, you’ll need to choose a vehicle that meets your requirements and budget. When picking up a van, you should consider:
- Do you have the money to pay monthly for a new van or are there good second-hand options on the market?
- Will you need a certain amount of room in the back of the van?
- What load threshold will your van meet with all your equipment in it?
- How much work is your van going to be doing in the average week?
Once you know what kind of van suits you, you’ll be able to pass the details on to poor credit car leasing helpers, who’ll take it from there.
The Contract
The only point to add to this simple guide is to emphasize the fact that you’ll need to take care of your finances in order to meet your lease contract. There can be nothing worse than getting a new set of wheels and enjoying the freedom they bring without having put in place a financial plan that’ll keep them in your possession. If you’re unable to meet the low payment threshold set in your contract, you may run into problems with your leasing company, so it’s best to set aside some cash each month so that you’re sure to be able to hold onto your van through the months and years ahead.
It’s as simple as that – by following the tips in this guide, you’ll have secured your very own set of wheels without paying through the nose or being rejected due to bad credit.
Related posts:
