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Balloon Payment

What is a Car Finance Balloon Payment? Featured Image

What is a Car Finance Balloon Payment?

Leave a Comment / Finance / By Sully Owolabi

Learn what a balloon payment is, how it works in car finance, and whether it’s the right choice for you in this comprehensive guide.

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Bad Credit Motor Finance
Kingsgate House,
Wellington Road North,
Stockport,
Cheshire,
SK4 1LW
Hello@Badcreditmotorfinance.co.uk
0330 202 1201

Bad Credit Motor Finance is a trading style of BMG FG (UK) LTD, a company registered in England and Wales. (Company number: 12382512, Registered Address: 4th Floor, Kingsgate, Wellington Road North, Stockport, Cheshire, SK4 1LW. We act as a credit broker and not a lender and are authorised and regulated by the Financial Conduct Authority for consumer credit FCA no.928674. Bad Credit Motor Finance work with a specific panel of lenders to try to obtain you an approval – we are only able to offer products from the lenders on our panel. We receive a commission for introducing you to parties with whom we work with if you proceed with an acceptance. This commission is a fixed payment or fixed percentage of the amount you finance, but can vary by partner. This does not impact the rate you are provided. You will be provided full information before completing your finance agreement and you can request further information at any time. We do not charge a fee for our services. Written quotations on request. All finance subject to terms and status Data Protection Registration No.ZA766848.

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