Rates from 8.9% APR. Representative Example: Borrow £12,000 over 5 years with a £0 deposit. Representative 19.5% APR fixed rate. Monthly payment: £304.38. Option to purchase fee £10 payable. Total cost of credit: £6,272.80. Total amount repayable: £18,272.80.
Car Finance 247 Limited is a credit broker, not a lender.
Want to get a motorbike on finance but are worried your credit score will hold you back? Bad credit bike finance could help people who have had credit problems in the past. It may be suitable for those with poorer credit history and previous credit challenges.
At Car Finance 247, we work with a wide panel of trusted lenders, some of which may consider more than just your credit score and could still offer you a deal, subject to status. We aim to make the process simple for you with tailored finance options and a simple online application.
Bad credit motorbike finance works just like bad credit car finance. It’s motorbike finance which could be offered to people who may not be able to get a standard loan because of poor credit, subject to status.
Having bad credit can mean many things. It might mean you’ve fallen behind in payments, or you haven’t even had a chance to build up a credit file yet. Or you may have more serious credit issues like defaults, a CCJ, or debt management plan.
While this can limit the number of lenders available to you, it doesn’t necessarily mean it’s the end of the road. You may still be eligible for bad credit bike finance. Many of our lenders focus on affordability and whether your finances have improved over time.
Traditional lenders often look at your credit score to assess your application, and you may find it harder to be approved for a loan. But specialist bad credit lenders may also look at other financial factors, like your income, stability, and ability to afford the repayments. It’s not only about your credit score.
For illustration purposes only. The rate and payment you may be offered will be based on your individual circumstances.
You don’t need to have a good credit score to apply for bike finance for bad credit. You could still be approved if you can show that the monthly payment fits within your budget. Credit is subject to status.
You can still apply with Car Finance 247 even if you:
Each lender has their own lending criteria, but we’ll do our best to match you with suitable lenders who understand complex financial histories and may still be able to offer you a loan.
In general, when assessing your eligibility, lenders want to be sure the loan repayments are affordable to you and how much of a risk you may pose to lend to.
Typical requirements include:
The application process is usually straightforward:
If you want to give yourself the best chance of being approved for bike finance with bad credit, there are a few simple steps that could help.
At Car Finance 247, we’ll always do our best to find you a deal, even if you’ve struggled with credit. Whether you need car finance or motorbike finance, here’s how we could help:
A dedicated account manager: If you’re approved in principle, you will have one person ready to answer questions and explain the steps clearly.
A wide panel of trusted lenders: We work with lenders who understand that past problems don't necessarily define your current situation. This means you may have more options to choose from.
Experience with businesses and self-employed customers: We’ve helped many self-employed people and business owners find motorbike finance, and understand how important a reliable bike could be for business.
Trusted service: Car Finance 247 is rated highly on Trustpilot, proving the level of service customers can expect.
