Car Finance with Bad Credit


Your credit history can make a huge difference to your options when applying for car finance. Many lenders won’t consider your application if you have a poor or non-existent credit rating. There are a number of reasons why your credit might be bad, from a history of bad debt and missed repayments to something as simple as not ever taking out a credit card or loan – which can help to show you are a trustworthy borrower. If you have struggled to get approved for car finance in the past, then bad credit car finance is likely to be a good option for you.

What is bad credit car finance?

Bad credit car finance works in exactly the same way as any other type of car finance but is designed specifically for people who have a history of bad credit. The key difference is that it’s likely you’ll find the interest rates offered to people with bad credit are higher compared to what’s typically offered to someone with good credit. This is because lending to people with bad credit is considered high risk, as – no matter what your situation is now – your financial record might indicate there’s a possibility you might not pay the finance back.

We’re here to help!

We know that your credit score can be a result of some bad decisions in the past, but is often not a true reflection of your situation now.

Getting a car through a finance agreement can not only help you to get you a reliable car, it could help to improve your credit score for future borrowing.

If you do have a bad credit rating then you may have been refused car finance elsewhere in the past, and as a result are looking for a lender who is able to accommodate your current needs and help you improve your credit. We work with a panel of lenders who specialise in bad credit car finance.