Lendrive Finance offers Unsecured Car Loans, A unsecured Car loan is a type of personal loan that you can use to purchase your next car outright.
A secured car loan requires your purchased car as a security on your loan and the funds are paid directly to the seller. All car loan lenders also have limits on the type of car they will accept as security, so this can also limit the car that you can buy. However, an unsecured car loan does not require an asset as security and the funds are paid directly to you.
An unsecured car loan is best for people looking to purchase an older classic car or an older modified performance car. Or someone looking to purchase a car and do some modifications with part of the loan after the purchase.
Lendrive has many lenders on its panel and we can help you get an unsecured car loan, which means you will have more freedom with the type of car you can buy.