Frequently Asked Questions

Your selected question and answer is provided below.

Question:

What happens when I apply for car finance with Madison Finance?

Answer:

A credit reference search will be carried out and a credit score will be calculated, which will determine if we can offer you a loan.

We'll phone you if we have any more questions.

If your loan is agreed in principle, we will try and contact you over the phone to let you know. If we are unable to contact you, we will still progress your application and contact you by letter.

We will send your finance documents to be signed and returned to us along with any additional information required to support your application.

After returning your documents to us, your loan will be proceesed for payment by EFT to the vendors nominated bank account.

Related Questions

When do I get the money?
How do I make repayments?
Can I change my mind about taking out car finance with Madison Finance?
Can I apply again if I am not accepted the first time?
Can I choose the date to make my repayments?
What can I do if my loan is not approved and I don't agree?
When is a credit reference carried out?
What is credit scoring?

Back to FAQ.