With CarFinance Plan you are free to finance any car from any reputable dealership across the UK.
We are only car finance broker for customers with bad credit. We partner with specialist lenders helping customers with bad credit.
Applying for a vehicle loan will not affect your credit score as we use soft credit search for your instant quote.
We don’t charge you any fees. If you apply before 12pm, you can collect your new vehicle same day.
Are you looking for car finance with provisional license? We could finance your car with provisional license as well.
No paperwork needed. Apply and complete online. We can offer finance deals that require £0 deposit from you.
‘Bad’ on your credit profile would mean be that you might have struggled to maintain your debt repayments in the past. This could also mean that you might have had late repayments or defaults and lenders view your credit profile as ‘high risk’.
Having bad credit in the past does not mean that you cannot be accepted for a car loan today. Even if you’ve had CCJs, defaults, been refused elsewhere or you have no credit history, we will search our panel of lenders and find the most appropriate car loan option for you.
If you’re struggling to get a car loan because of your credit score, there are other ways to purchase the car of your dreams while spreading the payment over a period of time.
A personal loan isn’t specifically a car finance option, but with cash in your bank account, you’re free to choose any car from any dealer or even a private seller.
With a guarantor loan, a relative or friend co-signs the loan agreement. If you miss a payment, or can’t repay the loan, your guarantor will have the liability to do that.
In a hire purchase (HP) agreement, you hire the vehicle from the finance company while paying the purchase price off in full in monthly instalments. You own the car once all payments have been made. Because the car is your finance company’s property during the contract, they can take it away if you miss any payments.
When buying a car you may be asked by the lender or dealer to put a deposit down. At CarFinance Plan we can do 0% car finance, anything from £4,000 to £100,000. We have personal contract purchase (PCP) agreements and hire purchase (HP) finance that covers 100% of the car finance required.
Of course, 0% deposit finance inevitably means that in terms of both the sums being lent and the risks involved, the funds providers are going the extra mile to try and help you secure the vehicle. This means that your monthly repayments might be slightly higher.
To check your eligibility for no deposit car finance with bad credit, simply apply now to get a free no obligation quote.
There are many misconceptions about why a car finance provider refused a loan request.
Broadly speaking, many of those misconceptions relate to the idea that the organisation concerned has decided you are not trustworthy due to your previous “financial behaviours”.
In fact, there may be a very significant number of far more mundane reasons why you have been turned down. These might include:
Of course, if you do have things such as County Court Judgments (CCJs), IVAs and a history of loan defaults on your credit history files, that may well have been a very major factor in you being turned down.
If you’ve got bad credit and are struggling to get accepted for a car loan, this might be due to one of these:
Some lenders won’t accept your application if you are in any of these categories because they don’t want to risk lending to customers who might have a record of late or missed payments.
At CarFinance Plan, we are experts in providing car loans for those who have bad or poor credit. As a poor credit car finance provider, we can arrange car loans for those who struggle with other brokers and lenders. We understand that your past may not be the best reflection of your financial situation now, so we will consider all circumstances when you apply.
Yes, we help people across the country with a less than perfect credit score. You may still get accepted with one of our specialist lenders. The best way to check is to apply online and get a free poor credit car loan quote.
We use our own unique criteria to check whether you’re accepted for a car loan. To check your eligibility, simply apply now to get your no obligation quote.
You can normally borrow up to £20,000 on a new or used vehicle purchase if you have poor or bad credit.
£0. You can have a car finance with bad credit with no deposit.
We can approve you as we have lenders who help motorists with CCJ’s.
No. We do soft searches only. We do the hard search only when you proceed and sign the car finance agreement.
Got bad credit? We could help as we compare over 100 car finance products from 15 lenders. We approve most applicants and consider all credit histories. We are specialist lenders for customers with bad and poor credit histories.
Free, no obligation quote. Any credit score. No deposit. Buy from any reputable dealer. Rates from 5.9% APR. Same day payout.Apply now