How Does Bad Credit Leasing And Finance Differ From Standard?
Because from the point of view of the lenders, those of you with poor credit are a higher risk to lending to than those with good credit, there are subtle differences between bad credit leasing and standard leasing.
Bad credit leasing agreements commonly run from 48-60 months, which is longer than most leases. The interest rates are usually higher to cover the risk of you not being able to pay in the long term. The cars available on bad credit leasing are also restricted compared with standard leasing.
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