carmoola.co.uk

4.8
4.8 Based on 481 reviews

...

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Archie Butler
Misleading Advertising

The service did not deliver as promised. I sought financing for a classic car and was quoted an APR of 16.9%, while their advertisement mentioned rates between 6.9% and 13.9%. I have minimal debt and an excellent credit score, both personally and for my business. Is this inflated rate due to my self-employment status? Small businesses may be crucial to the economy, yet we seem to face discrimination in credit matters. I ended up financing the car elsewhere at a more reasonable rate of 7%. There are many other finance options that don't mislead customers.

1
Date of experience: Jan 12, 2026

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