What happens if I miss a payment on my zero deposit car finance agreement?

Life can throw curveballs, and we get that. If you miss a payment, the lender may charge a late payment fee, and it could affect your credit score. If payments are consistently missed, it could ultimately lead to the vehicle being repossessed – which nobody wants.

The key thing is communication. If you're struggling or think you might miss a payment, get in touch with the lender as soon as possible. They can often work out a solution with you, whether that's a temporary payment holiday, a revised payment plan, or other options. Don't bury your head in the sand – a quick conversation can make all the difference.