A motor dealer will usually ask to see both parts of your current driving licence (the photocard and the paper counterpart), and may take photocopies. The licence will help verify your identity as well as your entitlement to drive the car that you are interested in financing. As part of the application process, credit background checks will then normally be performed by finance companies to help determine your credit rating and whether they are ultimately able to provide you with car finance.

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Posted in: Car Finance Information