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Getting approved for car finance usually means providing proof of income, like payslips, bank statements, or tax documents. But what if you're self-employed, freelancing, or between jobs? Can you still get approved without traditional income documentation?
If you’re a Muslim considering car finance in the UK, you’ve probably come across PCP (Personal Contract Purchase). But the big question is: Is PCP Halal or Haram?
Thinking about selling your car but still have finance remaining? You're not alone. Many drivers find themselves in this position, unsure of the legal and financial implications of selling a car that's still under a finance agreement.
Getting approved for car finance in the UK isn’t always easy, especially if you have limited credit history, a low income, or bad credit. That’s where a guarantor can help. A guarantor acts as a financial safety net for lenders, making it easier for people to secure a car finance deal.
Buying a pre-owned car can be a smart financial decision, especially in 2025, where the used car market remains strong due to rising costs of new vehicles and demand for budget-friendly options. However, it’s easy to fall into costly traps without knowing what to look for.