lending Policy

Car Cash Point complies with Consumer Credit Trade Association and therefore compliant with it’s recently released ‘Code of Practice’. We are committed to ethical and responsible lending and to providing the highest levels of professional customer service.

We will always ensure that the loan is suitable and affordable for our customers. Whilst no credit checks are required, we will ensure the customer is able to make the repayments. In addition, we require all customers to be in full time employment or able to demonstrate a sustainable income.

We also believe that every customer must receive a transparent, honest and fair transaction; this is why we publish our rates clearly on the front page of our web site and loan documentation to enable our customers to make direct comparisons against other loan products.

In addition, we fully explain our loans including the term, interest and repayment schedules as well as the actions for failure to repay the loans. This will ensure the customer has a detailed understanding of the loan terms and conditions. All information relating to the loan is on a standardised form, providing key information ‘at a glance’. This is in accordance with introduction of the Standard European Consumer Credit Information [SECCI].

We also take a fair and responsible approach to late or missed repayments and abides by the code of conduct of the Consumer Credit Trade Association and work with closely with our customers to ensure every loan is properly managed until fully repaid.

Car Cash Point is a fully accredited member of the Consumer Credit Trade Association and therefore is fully compliant with its ‘Code of Practice’. We are committed to ethical and responsible lending and to providing the highest levels of professional customer service.