What you need to take out a personal lease on a vehicle
30/06/2021 Finance Products All News
We often get asked "what information do I need to provide when applying for a personal lease?".
As part of the application process, we will need to complete credit and affordability checks to ensure your current circumstances meet the lender requirements.
For this, we will require a few basic details:
- Personal Details such as your Full name, Date of Birth, Marital Status and number of Dependants.
- Address details for the last 3 years to verify your identity and match you to your credit information.
- Employment details from the past 3 years to assess your financial security for the term of the agreement.
- Your bank details to set up direct debits for future payments.
- Your monthly income and expenditure to check that you can comfortably afford the repayments.
- On some occasions, lenders may request further additional information to support your application such as proof of identification; driving licence or passport, proof of income; payslips or bank statements or proof of residency; utility bills or bank statements
All of this information can be sent to us via email meaning we could get you approved and in your new vehicle in no time at all.
Above all, our team are always on hand to answer any questions you might have…so start your application today and let us help you into your perfect car!
Make an enquiry today and let our team help you into your perfect next car:
- Email: enquiries@jigsawfinance.com
- Telephone: 01782 450745
Apply for vehicle finance online at Jigsaw Finance: jigsawfinance.com/apply-online
Browse for a leasing offer on our sister website, Carzu: carzu.com/search
Jigsaw Finance Limited is a credit broker and not a lender. We can introduce you to a limited number of lenders and their finance products. We are not an independent financial advisor; we will provide details of products available, but no advice or recommendation will be made. You must decide whether the finance product is right for you.
We will receive a commission payment from the lender/finance provider if you decide to enter into an agreement with them. The commission payment received is for the introduction and work in facilitating and arranging the finance for you and is a one-off payment from the lender to Jigsaw. The calculation of this commission is based either on a fixed fee or a percentage of the amount you borrow, this is determined and may vary by the commercial agreement Jigsaw has with the lender. We may work with just one lender or a limited selection of lenders when arranging finance. As a Credit Broker, we may also have other commercial arrangements with a lender which do not influence the terms of your finance agreement. We may share some of this commission with the motor retailer.
The amount of commission will be made available to you before signing your finance documents.
All the lenders that we work with pay commissions at different rates, however, the commission received does not affect the amount you will pay under your finance agreement. Our aim is to secure finance for you at the lowest interest rate available from our panel of lenders. Finance may be available from other providers outside of our panel, and you should consider your options before entering into an agreement, we are not able to provide impartial recommendation.