Many of us have had times in our lives when we have struggled financially and have been unable to pay bills, meet the repayments on a loan or struggled in some other way. This can often make a dent on our credit history as lenders can pass on your details to a credit reference agency. When you next apply for credit, the person you are borrowing from will probably check your credit rating and base their decision on this. Even if your county court judgement or missed payments were years ago these can still affect your chances of getting finance from a company.

Of course everyone's situation is different however, and one good thing is that usually the fact that you can secure your loan on your new car can help your chances of getting the credit you need.

There are other ways that you can help yourself to get guaranteed car finance. It literally means you have to set about proving that you are in a stable, financial position to be able to pay back the money you have been loaned.

The first thing you will need to do is show your potential employers a copy of your latest bank statements. Usually they look back over a period of six months. They will be looking to see whether you have been charged bank fees or gone over drawn. They will also be looking at when your wages are paid in and how long these actually last in your account. Your potential lender will want to make sure that you have the means to pay back the money you are borrowing.

Being in a steady job can also help your chances of guaranteed car finance. They look favourably on you if you have been in your current job for more than six months. They also check your employment history for the past three years. This will give them a good indication on how stable your employment is and how likely it is that this will continue, because at the end of the day you are going to find it very difficult to pay back the money you have borrowed if you are unemployed, so your creditors will not want this.

If you have a dented credit history, showing willingness with a deposit is also a good move. If you can pay something like 15% deposit out of your own (un-borrowed) money, then this goes a long way with credit company's and can improve your chances of getting crediting.

Let's be honest, there is no way you can get guaranteed car finance because everyone's situation is different, however the above steps can help you get the finance you need and so you could be just steps away from that car you have always dreamt of. It is as simple as proving that despite your credit history you now have the means and are willing to pay back the money that you want to borrow. if you can do this you will probably be able to borrow the money you want.

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