Frequently Asked Questions

• What is a car purchase deferred loan?

A car purchase deferred loan is a sort of loans, by availing which borrowers can postpone their principal or interest installments for a certain period of time. After completing the term period, borrowers can pay off the remaining amount in their desired way.

• Can I arrange loans for any sort of cars?

Yes! You can arrange loans for any type of cars, old as well as new. But in case of old cars, cars age should be less than 5 years.

• Can a borrower with bad credit score avail car loans?

Yes! Car loans are also available for the borrowers having bad credit score. All types of bad credit scorers including CCJs, IVAs, arrears, defaults, bankruptcy can get their car financed with these loans.

• How can I apply?

Our simplified application process is customer friendly. To apply to us, you need to fill up an online application form that you can avail on our site itself.

• Do I need to pay anything as application fee?

We, at Car Purchase Loan, do not charge any application fee. So, you need not pay anything as application fee.

• What would I do in case I need any assistance?

In case of any assistance, just feel free to contact us. Our representatives will gladly assist you.