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Take the worry out of repaying your loan
Carloan2day is directly authorised by the Financial Services Authority (FSA number 305661) to advise on and arrange suitable protection insurance for customers.
All insurance policies arranged are provided by the Insurers chosen by the individual lenders on whose behalf we act.
Before advising you on the types of protection insurance which we believe are suitable for you, we will carry out an assessment of needs.
Payment Protection Insurance
Over 1.5 million people of working age have been off work for more than a year. Accidents, sickness, and unemployment - they can happen anytime. And if there's suddenly no money coming in, you could struggle to keep up with your monthly car finance -payments.
Don’t worry. With Payment Protection Insurance you can enjoy peace of mind. For just a small supplement on your monthly payments, your car finance continues to be paid if you find yourself unable to work due to illness, an accident, redundancy or at worst, loss of life.
GAP Insurance
It's a sad fact of life that most of us will be a victim of car crime, the statistics speak for themselves. Last year over ¾ million vehicles were written off. Yours could be next. And if it was, would your insurance take care of the full amount you still owe on your car? Probably not.
Very often the amount paid out by your motor insurance company is less than the amount outstanding on the finance agreement - this is called the shortfall. Unfortunately, this means you still have to continue paying any remaining amount on a car you no longer own.
However, with GAP Insurance, you can take care of the outstanding balance due if your car is stolen and unrecovered, or declared a write-off.
For further details and a quote, speak to our Customer Services Team on 0845 094 4834.
Remember, the conditional sale or hire purchase finance we provide or source is only secured on the vehicle you are purchasing/hiring, not your home or other possessions.
CarLoan2day is a trading style of Penrican Credit Limited who are authorised and regulated by the Financial Services
Authority (FSA) no. 305661, in respect of Payment Protection and GAP Insurances and licensed by the Office of Fair Trading under the Consumer Credit Act 1974 no. 280701 as a credit broker/finance company. Registered Office: Greatminster House, Lister Hill, Horsforth, Leeds, LS18 5DL. Company Registration No. 2443952 VAT Registration no. 556 8598 77
Rates are correct at time of advertising and are subject to change without notice.
All finance is subject to status and income.
Written quotation available on request.
Licensed credit broker.