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Can I get Car Finance with a Fair Credit Rating?

Tim Carpenter, Dedicated car finance expert
Written by Tim Carpenter
Edited on

If you have a fair credit rating, there is every possibility of you being approved for finance to buy a vehicle. In fact, we have many finance options available for those with fair credit, so we’d be hopeful of finding the right deal for you.

Working with a large panel of lenders, we are able to scour the market to find the most competitive finance option for your individual circumstances.

As well as looking at your credit history, any lender assessing a finance application will look at your income, to see evidence of a regular basic income. We can help customers with varying employment statuses, including self-employed, students and retired.

We can offer no deposit car finance, however we can accept part-exchanges or cash deposits if you have either of these available, which would then reduce the total loan amount.

It isn’t just finance for cars we can offer either – we can offer finance for van, taxi, motorhome and motorbike purchases too.

At CarFinance 247 you can choose a vehicle from any reputable dealership in the UK.

Get a quote No impact on your credit score

Rates from 6.9% APR. Representative APR 27.4%

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Tim Carpenter, Dedicated car finance expert
Tim Carpenter Car Finance Expert
5 Years
Total cost of credit £ XXX.XX
Total repayment £ XX,XX.XX
48 monthly
payments of
£ 245 98

Rates from 6.9% APR: the exact rate you will be offered will be based on your circumstances

Representative example: borrowing £6,500 over 5 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £188.74 per month, with a total cost of credit of £4,824.37 and a total amount payable of £11,324.37

Rates may differ as they are dependent on individual circumstances. Subject to status.

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