Moneybarn is a specialized credit broker in UK’ s financial market, providing the car financing deals for the cars valued between £4,000 and £25,000, and for vans between £5,000 and £20,000. The starting interest rate is 32.9% with monthly instalments flexibility of up to 60 months. Some customers find the rates higher than other brokers, but consider it worth taking for, especially in case of bad credit. This is because Moneybarn is more popular for handling bad credit cases for car financing.
The dedicated advisors also provide guidance for finding the right car, along with best financing deals available nationwide. Whether it’s a joint application or a deposit based transaction that lowers the monthly repayment cost, Moneybarn is flexible to offer customized services.
The majority of the customers on feefo.com have given a 4.7 out of 5 rating to their advisors and services. Moneybarn usually pays directly to the dealers, implying that the customer is only left to pay the deposit and drive away. Most of the loans are approved within few hours of the application. The overall cost is higher at Moneybarn but if the customers need a good reliable car, especially when they have a bad credit, then Moneybarn is a great choice.