Finance Choices
Yes Car Credit
Yes Car Credit
Yes Car Credit specialise in providing car loans for people with a bad credit rating. Yes Car Credit supply and finance your car, cutting out the middleman. Because of this they can offer you a much better car for less money, and at a typical interest rate of 19.9% APR.
Yes Car Credit Loan Acceptance Guidelines
Yes Car Credit specialise in providing car finance for people who have been refused finance in the past or have a bad credit rating. Even if you have county court judgements, mortgage arrears, previous defaults, council or poll tax problems, no credit history or previous repossessions Yes Car Credit can help you buy the car you want. Because Yes Car Credit car loans are secured on the car and not your property you do not have to be a homeowner or mortgage payer to be accepted.
Yes Car Credit Quality Cars
Yes Car Credit have over 3000 cars in stock, including makes such as Ford, Renault, Rover, Peugeot and Vauxhall. The majority of cars available are 2 to 4 years old, with one previous owner and a full service history.
Yes Car Credit makes sure all their cars have had an independent Guaranteed Mileage Verification and have been HPI checked for outstanding credit or insurance write offs. All Yes Car Credit cars go through a 125 point inspection before being approved for sale, and any car over 3 years old comes with a new MOT.
Yes Car Credit Car Protection
Yes Car Credit can also help you protect your new car by offering 12 months AA cover and the option of 3 years mechanical breakdown warranty. Yes Car Credit can even help to arrange your own comprehensive motor insurance on the day you collect your new car.
For more information visit the Yes Car Credit website below.
*Yes Car Credit have since announced that they are accepting no new customers*
Yes Car Credit specialise in providing car loans for people with a bad credit rating. Yes Car Credit supply and finance your car, cutting out the middleman. Because of this they can offer you a much better car for less money, and at a typical interest rate of 19.9% APR.
Yes Car Credit Loan Acceptance Guidelines
Yes Car Credit specialise in providing car finance for people who have been refused finance in the past or have a bad credit rating. Even if you have county court judgements, mortgage arrears, previous defaults, council or poll tax problems, no credit history or previous repossessions Yes Car Credit can help you buy the car you want. Because Yes Car Credit car loans are secured on the car and not your property you do not have to be a homeowner or mortgage payer to be accepted.
Yes Car Credit Quality Cars
Yes Car Credit have over 3000 cars in stock, including makes such as Ford, Renault, Rover, Peugeot and Vauxhall. The majority of cars available are 2 to 4 years old, with one previous owner and a full service history.
Yes Car Credit makes sure all their cars have had an independent Guaranteed Mileage Verification and have been HPI checked for outstanding credit or insurance write offs. All Yes Car Credit cars go through a 125 point inspection before being approved for sale, and any car over 3 years old comes with a new MOT.
Yes Car Credit Car Protection
Yes Car Credit can also help you protect your new car by offering 12 months AA cover and the option of 3 years mechanical breakdown warranty. Yes Car Credit can even help to arrange your own comprehensive motor insurance on the day you collect your new car.
For more information visit the Yes Car Credit website below.
*Yes Car Credit have since announced that they are accepting no new customers*
posted by Barbara Gordon at 8:41 AM
Yes Car Credit
5 Comments:
I went along to Yes Car Credit (YCC) as my past credit record had been bad although the last few years I had worked hard to make it better. I figured that getting a loan would be impossible and YCC seemed to be perfect.
I used the Nottingham brach of YCC, a bit of a trek for me but there we go! On arrival we were early and let ourselves into a reception area waited. A member of staff come out to get a coffee and in passing said hello. Later we were met properly and the process began.
They took various details from me and I have to say all my paperwork was taken from me - not to return until later. In hindsight this was not best and could/should have been avoided. Next we had to wait for the magic figure to be brought to us, which took a little while.
The figure was higher than I wanted to pay each month so they went back and brought another figure, I agreed and they went off to get a list of cars to look at.
Now, I had put to them a list of requirements which I said were almost set in stone - however I was prepared to be flexible. I wanted a car that was small to medium, was diesel and manual. Their list had no cars fitting this match, so I accepted petrol as a possible.
We looked at some cars, I rejected them - not my cup of tea. We looked at more cars and rejected them. Some were too small and tin like, others were just tatty for their age. So we looked at a couple of cars of makes I liked and I spotted one which I liked. The snag was the price per month. At that snag I told them I would leave it and head off home.
So they came back with another price, again I said thank you and told them I would be heading home. One last time they came back with a lower figure more to my taste and I said maybe...
All sounds good but the thing to bear in mind is the whole time they want you to pay some cash deposit, and always more £/month.
So, we got to some figures I was comfortable with. They were not what I hoped for, but they were managable. The showroom had got busy in all this time and it took over an hour to then get the finance paperwork sorted, we were far from happy - but on a positive note the staff spotted this fact and did apologise.
And so to the paperwork. Of course you can take as much time as you need to read it, but by this time we were keen to get sorted and off. So much small print, so little time. And this was the point where the insurances and warranties were added on, and the APR was at last shown. They quote a typical APR or 19.9%, mine was 29.9% - ouch! And with all these things adding up, they repayment amount was double the 'cash price' of the car!!!
Anyway, all in all after 4 hours in the showroom we finally got to the car and was ready drive off - after the customer satisfaction survey (compulsary...!)
Side note: Please bear in mind this was my own fault, but this wa the first time I had heard the car start and I should have test driven it etc, but didnt - make sure you do. Also note that when it came time to drive off, the battery was flat and the car would not start!!
Anyway.... after all this I decided that I would look at the YCC 28 day better APR deal. I called for terms and conditions and was told all I needed to do was get a loan offered (unsecured) within 28 days, with a better APR and I could repay the cash purchase price, minus deposit and that would be it (not forgetting that I would need to cancel the GAP and warranty insurance or I WOULD have to pay for them). So this in mind I contacted a finance company (a well known reputable one) and it turned out my credit rating was better than I expected. I was offered a loan with an APR of 7.6% - yes thats 7.6% compared to YCC 29.9%!!!!!!!!!!!!!! I accepted it. Repayments were £45 a month LESS and the total amount to repay was minute compared to the YCC agreement.
Now here is a huge praise to YCC. I had expected them to be difficult about this deal and do anything possible to stop me doing it. In fact, just a fax of a copy of the credit agreement and they OK'd it all. I paid the cash purchase price, minus deposit over the phone by debit card and the GAP etc was cancelled - all done (well of course there was the new credit arrangement to pay, but this was far more suited to my budget anyway)
On the whole, YCC is great for those who just cant get credit elsewhere, but you do of course pay for it with large APR. I would advise anyone to try what I did if you want to get a car anyway, visit YCC and then try for an alternative loan - at worst you will have a car and a large APR, at best you will have a great deal!
Would I use YCC again? if I needed to I would, if I didnt then I would steer clear as I dont want to pay over the odds back
Brought a car from Portsmouth branch of Yes Car Credit. Treated me with repect and with manners. Fully explained all details, and referred to small print which is important from the text. People need to remember that They have guidelines, and we must read small print. Very good
After our bad experience with Yes Car Credit I wanted to let everyone else know.
Through some fault of ours and the fault of others our credit score was really low and we were having problems getting a car. We badly needed a car as we had a baby and we needed to ferry him about to babysitters so we could work.
Yes Car Credit are a company that specialise in dealing with people who have a low credit score or no credit score at all, they have their own finance company and do not have credit checks that is why they are able to offer finance plus the fact that they charge an over the rate 29.9% APR. They are not a showroom you do not get to pick the car you want, they tell you what car you can have, they give you 2 cars to choose from, the cars are all bought from car auctions so anything can be wrong with them, they have their own mechanics who are supposed to check the cars but I do not think they do. They tell you that you can drive away the car the same day, this is not true as one the car is not ready for you, two you need to go and get insurance for it if you do not want their insurance and three they do not give you road tax so you need to get that to.
Our Story
We called YCC and they gave us an appointment to go down and see them, which we did and at first we thought they were very helpful and nice they worked some figures out and they then told us that because we did not have a car to part exchange we would need to put down a £200 deposit, this was a problem as we did not have £200. They gave us a direct number and had to phone when we had the money. We manage to get the money, as we had to ask my mum and dad if we could borrow it.
We then went back down to YCC and they went through our finances again, they worked out what money came in what we had going out and then they came back with a figure that they said we could afford a month. We had to fill in forms and give all our personal details - work, address, wages, rent etc also we had to give names of 2 different references each what for I do not know as they did not contact any of them. During all this being worked out the salesman kept disappearing for only a couple of minutes but it was like 20 minutes later before he came back and he kept doing this. This was starting to get on my nerves as we had my little one with us and he was getting bored.
Finally he came back and said lets go look at the cars when we went out their were some cars not very many and none of them had prices on them so we did not know what we were actually paying for the cars. He gave us 2 to choose from a Rover 800 or a Peugeot 106 we had to go for the Rover as the Peugeot even though it was a smaller car it was more expensive per month than the Rover.
We went back in to the little room that we had been confined to for ages with no windows water etc; they then went over the paper work. We were told that we had to take out the payment protection insurance and the GAP insurance, which we did not want and we were told that if we did not take it then we could not get the car. This I found to be a joke, as they know that people only go to them because they are desperate, as they cannot get credit any place else so they have to take it. We had to then sign the papers and were told that we could pick the car up a few days later. We were told that they do not give you road tax so we had to organise that before we could get the car also we had to organise insurance as we would not take theirs, plus they told us that we were only aloud to get fully comp insurance to be aloud to take it away. But they told us that insurance for the Rover 800 would not be expensive.
We finally got the car and about a week later we had to take it back as it kept cutting out, turns out there was something wrong with the start plugs but they were not going to fix it but as we only had it for a week they did.
Months started to go buy and we noticed the car was getting rather expensive to run it was £150 for the car insurance was £60 and we were having to start putting in about £40 a week petrol and we were only driving the normal work, nursery and town runs. So it was starting to cost us about £400 for the car. Also the driver's window was not working properly and we kept hearing a clicking noise but they were not willing to do anything about it.
It had just come to the point that we could not afford it so we decided to terminate the contract and hand it back, my parents got credit for us and we pay them (should have done this in the start), we wrote to them back in the end of June and the car is still sitting outside our house waiting on them collecting it. Because they said we did not write the correct words on the letter they would not accept it, so we wrote another one, which they still would not accept as it still did not have the correct words on it but hey would not tell us what to write as they are not aloud to, finally I looked at our contract and basically took practically every word from it and put it down. They finally accepted that one they received it back on 15th September and we were told it would only take 7-10 days it is now 14 days later and they still have not taken it.
Because we have not paid it for 2 months now nearly 3 they keep pestering us on the phone, I lost the plot with them one night and told them to stop phoning as it was harassment and it is illegal for them to keep phoning me this made no difference and I was told tat we are on an automatic call back system and we can get anything up to 10 calls a day, but when you come home from work to umpteen bleeping empty message son your machine it is a bit to much.
Last night was the final straw I completely lost the plot with them they told me that they would cancel it in their own time and that I was being ridiculous for wanting to cancel the contract after only 11 months. They then told me that they have 10,000 customers and we are not the only ones wanting to cancel they have hundreds wanting to do the same thing. So that says it all.
So to sum it all up,
they prey on you because they know you can not get credit anyplace else
they make you take out insurance etc when you do not want to
they make you take fully comp insurance
they do not get road tax for you
they are only after your money
there customer service is pathetic
they will not entertain you if there is something wrong with the car
they pester you with umpteen phone calls
if you want to cancel the contract they take as long as they want to do it
once the contract if finally cancelled they will still expect a stupid amount still to be paid
THEY ARE A BUNCH OF COWBOYS
I just wish we got my parents to take credit out for us before we went there, they have got to be the worst company, customer service stinks and they do not care about anyone but themselves as long as they have your money they do not care.
Please I beg you to reconsider contacting them and if you can get someone else to take credit out for you then do that.
I hope I haven't bored you and thanks for reading.
hi, im looking for some advise on YES car credit, you know the car place.
well we are looking to go somewhere like that to deposit our old car for a new one from them.
has anyone been there before?what is it like?just anything you can tell me really.
i know it is not the cheapest place to go,but at the moment is one of the only options open to us.
so anything would be helfull.
My brother went with them and had loads of trouble - the end result was him returning the car to them and paying what was outstanding to them via credit card because he wanted nothing more to do with them.
The reason he went with them was because they were about his only option. Once they had him commited their customer service was terrible.
This is the only case I know - so of course could be a one off BUT I know my brother.
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