Does Karmo perform a credit check for a car subscription application?

Does Karmo perform a credit check for a car subscription application?

At Karmo, we understand that everyone's financial situation is unique, and we aim to provide our services to as many customers as possible. We do not require a traditional credit check as part of our application process. Instead, we focus on assessing your ability to pay for the service.


To ensure we can make an informed decision and tailor our offerings to your specific needs, we kindly request that you provide us with a copy of your pay slip and a copy of your bank statement as part of the application process. These documents help us evaluate your financial capability to meet the payment requirements of the service.


We value your privacy and treat all personal information with the utmost confidentiality. Rest assured that any documents you provide will be handled securely and used solely for the purpose of assessing your eligibility for our service.


Our aim at Karmo is to make our services accessible to individuals from various financial backgrounds. By considering factors beyond just credit ratings, we strive to provide an inclusive and fair experience for all our customers.


If you have any concerns or questions regarding our application process or the information we require, please don't hesitate to reach out to our customer support team at Karmo. We're here to assist you and provide the necessary guidance throughout the application process.


Thank you for considering Karmo. We look forward to helping you enjoy our services without the stress of credit checks!

    • Related Articles

    • Does Karmo perform a credit check for a Rideshare Rental subscription application?

      At Karmo, we understand that everyone's financial situation is unique, and we aim to provide our services to as many customers as possible. We do not require a traditional credit check as part of our application process. Instead, we focus on ...

    • What is the application process for a car subscription plan?

      The subscription application process is quick and easy and the application can be completed in under 15 minutes. Here are the steps: Start by submitting an enquiry online detailing the type of car you are after and the duration of which you would ...

    • What frequency are payments made on a Karmo car subscription plan?

      On a Karmo car subscription plan, your payments are made on a weekly basis. We offer this payment frequency to provide you with low payment amounts which are consistent throughout the duration of your subscription. If you have any further inquiries ...

    • How can I get my subscription car from Karmo?

      At Karmo, we offer three convenient options for receiving your new subscription car. We want to ensure that you can choose the method that best suits your needs. Here are the available options: Hub Pickup: You have the option to pick up your vehicle ...

    • How am I charged for my Karmo car subscription plan?

      To streamline the payment process and ensure convenience, all payments for our car subscription service are charged directly to the credit card that you have allocated. This allows for automated and hassle-free transactions, eliminating the need for ...