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Can i get car finance after being banned?

Hi, right where do i start? I'm currently banned from driving which im not proud off, till the 25th July. I have my license back but obviously can't use it until then. When applying for Car finance i know you need a license. I was wondering if it would be possible to process car finance now and find a car and be accepted and then complete on the 26th of July? Would this be possible? Thanks Jay

Jay


Answer

Hi Jay, apologies for the delayed response. We could help you out and you can get car finance after being banned but you would need to have your licence in use before being able to apply. Do you have good, fair or poor credit? Regards, Rachel

Answer correct as of September 2016

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Borrowing £7,500 over 48 months with a representative APR of 16.8%, an annual interest rate of 16.8% and a deposit of £0.00, the amount payable would be: £211.25 a month, with a total cost of credit of £2,640 and a total amount payable of £10,140.

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Set your budget

£
4 years

In this illustration your credit score is set to

Best available rate
Total repayment
Total cost of credit

Best available rate

Total repayment

Total cost of credit

We compare products from 18 of the UK's top lenders to get you the best deal.

Representative example. Excellent Credit

Borrowing £7,500 over 48 months with a representative APR of 16.8%, an annual interest rate of 16.8% and a deposit of £0.00, the amount payable would be: £211.25 a month, with a total cost of credit of £2,640 and a total amount payable of £10,140.

CarFinance 247 is a broker and not a lender