Thank you for your question.
We would advise that you check your credit report before applying for your vehicle finance.
You can check your credit record with any credit bureau. TransUnion is the best, so we would suggest pulling your record there. By law you are allowed to pull your credit record for free once a year. Here is a link to TransUnion’s site.
Also keep in mind that there are 4 major credit bureaus. TransUnion, Experian, XDS and Compuscan. It can be that some of these other credit bureaus have not yet updated your profile, so it would be advisable to check your score with all of them.
You should also consider the fact that each time you apply for credit it negatively affects your credit score. If you have missed a payment in the last 6 months it might raise some questions but depending on what type of credit you want to apply for should not prohibit an approval for the credit application.
You are more that welcome to send your credit report to us to have a look and give you an interpretation of what you might or might not be able to do based on your credit report. Send it to [email protected] and address it to Wikus Olivier.
Have a great day.