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What are the odds for a second car loan?

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A Fin24 user wants to know if her current car financer will grant her a loan despite a bad credit record.

She writes:

I want to know whether it is possible to get pre-approved finance from the bank (MFC), which is currently financing my vehicle, as I want to buy a new car after I have finished paying off the car that I am driving now. Even though my debts are not in a good state, I have a good credit record with them since I am paying R3 500 for my car instead of R2 800.

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