Credit, Collections & Insolvency News
Admiral Loans has entered the direct-to-consumer car finance market, launching with HP, PCP and personal loan products. Admiral Loans said it also provides no-obligation quotes which won’t impact consumer credit scores. Admiral offers HP and PCP’s range loans.
Scott Cargill UK Chief Executive Officer at Admiral Loans said: “Buying a car is one of the bigger purchases a consumer will make and it’s important that any finance they take is well thought through, appropriate to their needs and financial circumstances.”
“Admiral has been trusted by motorists to provide insurance for many years, and is now extending that support to helping them finance a vehicle purchase. Launching car finance demonstrates our commitment to support consumers across all aspects of car ownership, with options to suit different credit needs and preferences. We want to give consumers a choice, and one that doesn’t involve large commissions that can be packaged into traditional car finance at the forecourt.”
“We hope our simple, online processes enable customers to compare and think through all the options available to them allowing them to buy their dream car without also getting a financial nightmare over how to pay for it.”
