Can I Buy A Car On Finance For My Son Info
Most standard finance agreements (PCP or HP) mandate that the person signing the contract must be the registered keeper and the primary driver.
Misleading a lender about who will primarily use the car is known as "fronting" and is considered a form of fraud by false representation under the Fraud Act 2006 in the UK. can i buy a car on finance for my son
If discovered, lenders may terminate the agreement, demand immediate full repayment, or repossess the vehicle, which can severely damage your credit score. 2. Legal Alternatives for Parents Most standard finance agreements (PCP or HP) mandate