Non status is the term used to describe the fact that your credit profile is not the main element of your application taken into account when the underwriters make their decision. It could be that a non status car leasing is the best choice for you as you have had very little finance in the past and therefore have a low credit profile. Many mainstream finance companies would react negatively to this as they have no or little past credit history to assess how much of a risk you are.
Another common reason to use a Non status service might be if you have moved home address a considerable amount. This can cause alarm bells to ring with many mainstream finance companies as frequent address changes may be deemed suspicious behaviour even though there is most likely a legitimate reason. Therefore, being in a rental situation where it may be your choice to choose to change every six months or so could help improve your chance of getting into a new vehicle and leasing a car with bad credit.
The Non status contract hire and the finance companies that we use for leasing offer the facility to look past the usual requirements and are much more flexible. The main requirements are that you can prove who you are – usually with a driving licence or passport and also a utility bill to prove your present address.
Any Car Online prides itself on in being able to arrange vehicle leasing for applicants that are in a non-standard situation and need to apply on a Non Status basis.
Can we help you?
We are so confident that we can help you obtain the car want, and we assure you that when we say that we can offer Non Prime car finance we mean it! It would be a waste of your time and ours if we didn’t think we could help you.
Car leasing is a method of having a new car or van for a set term. You will have the road tax provided for you for as long as you have the car, with new cars having the manufacturer’s warranty and breakdown cover.