I have a client of mine with an extremely low credit score due to a long drawn out and contested divorce they dealt with. They are in need of a vehicle and looking to lease or finance it. However, their credit score is extremely low (530ish).
Are there any companies out there that can help them? If so, please share.
Even if they can hang it, the interest rate is going to be usury. I would not waste any time pursuing this, especially if I had a fiduciary responsibility to them.
Your client would be better off purchasing a good used (ideally CPO) car at whatever best interest rate their credit union will offer. Get preapproved and shop with a credit union check.
Best thing your client can do is finance the most reliable, cheapest car, finance it for a short term (36-48 months), and make payments for 1-2 years while the credit score rises. After that refinance it for a lower rate.
Nissan, Santander, Capital One, GM Financial. https://www.blueskymarketing.com/partners/lender-directory/
Which job mandates leasing a brand new car as a condition of employment? You may be a great lease broker but I don’t think you are a good financial adviser?