Guaranteed car finance is offered to those who have a bad credit. Many are working for cash and they don’t have proof of their income. Some credit company requires this but in guarantee car finance it only requires the borrower’s signature and declaration in order to avail one. Lenders who accommodate people with bad credit don’t care whether the borrower will declare their income or not. The lenders believe that if these people don’t what their car to be towed then they will give priority on paying their debt. This is the reason why most of lending companies in UK offers loan to those who have bad credit. Lenders think and believe that these people really need to avail this loan to buy the things they need or to pay their previous debt.