Post-Brexit increase in short term lending opportunities

By Emma Sutherland | Friday, October 21, 2016

The result of the summer’s EU referendum vote could be a significant opportunity for car finance providers to increase their application and conversion rates, according to a recent analysis report. With Brexit having no apparent impact on the UK’s used car market loan applications, a recent industry report has shown...

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PCP Deals | Why is this car finance option becoming so popular?

By David Penman | Thursday, October 20, 2016

As the leading ethical car finance provider in the UK, Creditplus offer customers a finance solution that suits their individual needs. Three of our most popular options are Personal Contract Purchase (PCP), Hire Purchase (HP) and Lease Purchase (LP), with PCP still remaining the favoured choice of consumers. Creditplus first...

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Online car sales | Why we still need a human touch

By Emma Sutherland | Thursday, October 20, 2016

Big names in the world of commerce are big for, normally, good reasons. Virgin? Good at selling holidays. Google? Good at finding answers to every question ever asked and recorded by man. Tesco? Good at selling food, drink and more recently, mobile phone coverage (sorry Virgin). What, however, these names...

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Consumer trust predicted to improve following Vehicle Sales Code implementation

By Jack Clarke | Thursday, October 20, 2016

The recent implementation of the Consumer Rights Act and ADR legislation has seen the new Vehicle Sales Code being actioned for the automotive industry by Motor Codes. Established in 2008, Motor Codes provide codes of practice to the UK automotive sector. The Vehicle Sales Code - which covers nine areas...

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Car finance lending panel report 82% of consumers taking out car loans

By Emma Sutherland | Monday, October 17, 2016

Recent statistics from a panel of lenders has shown that 82% of consumers are taking out car loans, according to Creditplus. Creditplus, the UK’s leading online car finance provider, work with a panel of more than 90 lending options, enabling them to provide car finance options to consumers from across...

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UK car dealers losing out on potential business due to lack of online product offerings

By Jack Clarke | Monday, October 17, 2016

Dealers across the UK are losing out on potential business due to their lack of online motor finance product offerings, something which online car finance provider Creditplus have successfully managed to build on during the first nine months of 2016. The findings - reported by dealer solutions provider iVendi -...

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Why car checks are essential before buying a used car

By David Penman | Friday, October 14, 2016

1 in 4 of the 30 million cars in the UK have a hidden past, according to recent findings by Mycarcheck. When you consider that a car purchase is the second biggest that people make second only to buying a property, you would think it’s a no-brainer to get a...

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Positive post-Brexit stability increase online car finance applications

By Jack Clarke | Friday, October 14, 2016

The 29% increase in online car finance applications for Creditplus during the first nine months of 2016 could be partly attributed to consistently low Bank of England rates and increasingly positive post-Brexit stability, according to the car finance provider....

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Used car sales demand on track to report record numbers this year

By Emma Sutherland | Friday, October 14, 2016

The continued growth in consumers searching for used cars in 2016 could see the industry reporting record sales figures for the end of the year. A prediction - reported by Cap HPI - is that the sale of used cars this year will reach approximately 7.6m, a 3 percent increase...

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Creditplus launch Car Finance Options tool

By Creditplus | Saturday, July 16, 2016

Creditplus launch Car Finance Options tool Creditplus are pleased to announce the launch of a new tool to help consumers get a better idea of what car finance options suits their needs. Developed in house, the new tool takes under 30 seconds to complete and acts as a handy introduction to the potentially confusing subject of...

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Interest Free Cars

By Creditplus

When shopping around online for a new car, you may have seen interest free cars being advertised. These 0 car finance deals are very attractive – paying absolutely no interest on your finance package is certainly tempting. But are these deals too good to be true?...

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