Can I Get Car Finance With a CCJ, Default or IVA?

Tim Carpenter
Written by Tim Carpenter

If you have a bad credit rating or have existing or resolved County Court Judgements (CCJs), are in an Individual Voluntary Arrangement (IVA), or have defaulted on a previous finance agreement, then you may have found it difficult in the past to get approved for finance. This also relates to customers with mortgage arrears or those with existing Scottish trust deeds.

However, at CarFinance 247, these credit situations aren’t necessarily a problem as we work with a number of lenders that actually specialise in helping those with bad credit or credit issues such as those listed above. As we work with such a large panel of lenders, we will also search the market to find not only an approval, but the most suitable and cost-attractive approval for you.

As well as your credit file, we will consider your employment status, income and age - among other things - to match you to the most suitable lender. In terms of employment status and where the means of your income, we can help people in a variety of different situations – for example, self-employed, part-time workers, disabled and retired.

If you have a deposit or a part-exchange, you can use this to reduce the total loan amount, which in turn would mean your monthly repayments would be lower. However, we do have no deposit car finance options available.

Of course, we cannot guarantee that you will get accepted for bad credit car finance and we can also decline an application if we feel it is not in your best financial interests.

If approved, you can choose a car, van, motorbike or motorhome from any reputable dealership in the UK!

Get a quote
No impact on your credit score
Rates from 6.9% APR. Representative APR 24.9%

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5 years
Total cost of credit £ 2000
Total repayment £ 2000
48 monthly
payments of
£ 245 98

Rates from 6.9%: the exact rate you will be offered will be based on your circumstances, subject to status.

Representative example: borrowing £6,500 over 5 years with a representative APR of 24.9%, an annual interest rate of 24.9% (Fixed) and a deposit of £0.00, the amount payable would be £181.16 per month, with a total cost of credit of £4,369.52 and a total amount payable of £10,862.52.

Can't find the right answer?

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* The UK's number one online car finance broker by unique users to the website. Based on Hitwise data – 1,746,657 to CarFinance 247 vs. 666,020 for nearest competitor. January to December 2019.

96% of our customers recommend us: † Based on feedback left on independent review site Reviewcentre. May 2019.

CarFinance 247 is a trading name of CarFinance 247 Limited, a credit broker and insurance intermediary, and 247 Money Group Limited (247 Money), a lender. Both companies are part of the 247 group of companies.

CarFinance 247 is authorised and regulated by the Financial Conduct Authority under reference number: 653019. Registered office: Universal Square, Devonshire Street North, Manchester, M12 6JH. Registered in England. Company registration no. 06035525. Data Protection Registration Number Z1897658.

247 Money is authorised and regulated by the Financial Conduct Authority. Registered office: Universal Square, Devonshire Street North, Manchester, M12 6JH. Registered in England. Company registration no. 10989530. Data Protection Registration Number ZA456831.

All finance is subject to status and income. Written quotations on request. CarFinance 247 can introduce you to a limited number of finance providers, including 247Money, based upon your credit rating and will receive commission for such introductions.

† We do not charge a fee for arranging the finance, however some of our lenders may charge a fee. Your account manager can provide more information on this

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