Luv Car Loans

Luv Car Loans is a UK-based broker that lightens the load of those in the market for new car purchases by negotiating car finance deals for customers in a stress-free manner. 

Highest standards of service in the loans market

Luv Car Loans, registered in England and Wales, is a trading name of Luv Financial Solutions Ltd. The broker has, for many years, providing top service in the car loans market to hundreds of thousands of clients.

The Cheshire-based company backed by the Financial Credit Authority (FCA) upholds the highest standards of service as a broker in the car loans credit market. Their highly experienced personal finance executives are available seven days a week to assist clients with their car purchasing needs. The company offers free vehicle history checks and free vehicle valuations to ensure clients get the best service quality from dealers.

An experienced broker with a track record

Luv Car Loans is the perfect go-between that will negotiate the best loan finance for clients in the market to purchase a car. The easy-to-use online portal luvcarloans.co.uk provides clients with all the necessary information – and steps to apply for a car finance loan.

The company, as an FCA member, prescribes to set rules governing the credit lending market. Finance executives who do the negotiating on the client’s behalf, are well-versed in the rules governing the credit lending act. Luv Car Loans have a network of lenders in their portfolio who will provide the best rate of interest for any vehicle purchase.

The Luv Car Loans website takes the hassle out of having a customer endure complicated calculations when assessing the cost of financing a vehicle.

The online budget calculator on luvcarloans.co.uk  allows every applicant a clear view of the monthly payment, the total cost of financing a car, and the cost of credit.

Customers are requested to enter on the online calculator box the cash price they are expecting to pay and the payment terms. Once the cash amount and payment term are submitted, the website automatically rates the client’s estimated credit score. It then determines the best available interest rate, the total repayment, and the cost of credit.

Affordability factor when applying for a loan

Luv Car Loans gives the client the opportunity of accessing thousands of car dealerships in the used and new car market. This means Luv Car Loans are exposed to a competitive market and can therefore ensure that it obtains the best loan credit deal for customers.

Here follows a finance cost example:

The company’s loan rates start from 6.9% APR and the rate clients are offered will be based on individual circumstances.

Borrowing 7,500 pounds over four years with an APR of 25.4% an annual rate of 24.4% (fixed) and a deposit of 0.00 pounds, the amount payable would be 239.77 pounds p/m. The total cost of credit will be 4.008.96 pounds and the total amount payable will be 11,508.96 pounds.