What credit score do you need for car finance?

There is no “minimum score” for getting car finance, as different lenders use different credit reference agencies to retrieve your credit score, and each credit reference agency has a unique scoring method, so your score will always be different.

How likely am I to be accepted for car finance?

Car finance companies will review your application and assess your personal details, address history, details of your income and credit history. If you have poor credit history, or your income doesn’t appear to allow for you to pay off the debt, you’re less likely to be accepted.

Why have I been declined for car finance?

There are a few reasons you may have been declined, but the first place we’d recommend to check is your credit score, a low score means you’re less likely to be accepted. A poor credit history could also be a factor.

What factors affect whether I can get credit?

Your eligibility usually depends on your credit history, income, employment status, and affordability checks.

Can I part exchange my current car if I take finance?

Yes — your part exchange can be used towards your deposit, making your new car even more affordable.

Can I Get Credit?

Get Pre-Approved for finance in minutes with no impact on your credit score.

How much would you like to borrow?

Excellent Credit

You have an established and consistent credit history, with all repayments made on time. You have no outstanding CCJs, have never defaulted on any payments, and have not experienced any past credit rejections.

Good Credit

You have a solid credit history with few, if any, missed payments. While your applications for credit are generally successful, you may not always qualify for the most competitive interest rates.

Fair Credit

You have some credit history, though it includes occasional missed payments or instances of exceeding your credit limit. As a result, you may not always be offered the most competitive interest rates and could sometimes face declined applications.

Poor Credit

Your credit history indicates higher risk to lenders, with past missed payments affecting your profile. While you may still be approved for credit, it is typically offered at higher interest rates or may require a substantial deposit.

Bad Credit

You have a limited ability to obtain credit, as lenders are likely to view you as high risk due to past missed payments or financial difficulties, such as bankruptcy.

Can I Get Credit For Car Finance?

Getting your next car on finance allows you to spread the cost over a number of months or years, making it one of the most popular ways for customers to drive away in their dream car. Whether you’re considering standard agreements or exploring options like car finance with bad credit, there are flexible solutions available to suit a wide range of circumstances.

Even if you’re still undecided on whether finance is the right option for you, it’s helpful to understand how much you could potentially borrow. Our simple tool lets you check car finance eligibility quickly and easily, giving you a clearer picture of your budget before committing to anything.

With our soft credit check car finance process, you can explore your options without worrying about impacting your credit score. This means you can confidently review potential deals, including car loans for bad credit or even bad car credit leasing options, all while keeping your financial profile protected.

By using a car finance soft check, you’re able to make informed decisions, compare offers, and move forward at your own pace—helping you find the right car and finance plan that works for you.

Does My Credit Score Impact Car Finance?

When it comes to purchasing a car through finance, your credit history plays an important role in helping you secure the most suitable deal. Lenders use your credit score—alongside other factors like your presence on the electoral roll—to assess your reliability and determine what options may be available to you, including car finance with bad credit.

Our online tool allows you to check car finance eligibility before you even apply, giving you a clear idea of the type and amount of credit you could be approved for. With a car finance soft credit check, you can explore your options without affecting your credit score, making it easier to plan ahead with confidence.

Even if your score isn’t where you’d like it to be, it doesn’t necessarily mean you won’t be eligible for finance. There are still options available, such as car loans for bad credit, designed to help more people get on the road.

It’s also important to remember that your credit score isn’t the only factor lenders consider. Your income, monthly expenses, deposit amount, and overall financial situation all play a part in the decision-making process. Since every lender has different criteria, using a car finance soft check can help you understand your chances without committing to a full application.