Frequently Asked Questions

Submitting an enquiry through the website will not affect your credit score. If you choose to proceed, Fynex Finance or a lender may carry out eligibility checks and will explain whether any search is soft or hard before it happens.

Dealer sourced finance can be limited to the lender routes available through that dealership. Fynex compares selected UK lenders, explains the options clearly, and gives you time to decide without showroom pressure.

Yes, we can arrange finance for vehicles from any reputable, VAT registered UK dealership. We handle the paperwork and pay the dealership directly on your behalf.

The APR available to you depends on your credit profile, vehicle, deposit, term and lender decision. We show the APR, monthly payment, total amount payable and any relevant fees before you commit.

PCP (Personal Contract Purchase) features lower monthly payments because you defer a large portion of the car's value to the end (the optional balloon payment). HP (Hire Purchase) spreads the cost of the car over the term, meaning you own it at the end after the final payment and any option to purchase fee.

Fynex does not charge you a broker fee. We may receive a commission from the lender when your finance agreement is completed. This may be a fixed fee or a fixed percentage of the amount borrowed.

Yes, if your credit score has improved or interest rates have shifted since you took out your agreement, we can search for a refinancing deal to lower your monthly payments or reduce the total cost of credit.

Most applications receive a decision within 24 hours. Once approved, the funds are usually released to the dealership within 24 hours of signing the agreement.