Skip Content
Sign in to the member area
Coronavirus Update + Support >

I Have Bad Credit but Need Car Finance Without a Guarantor.

Hello, i'm 18 and looking into getting car finance.

I have a pretty terrible credit rating and haven't got anyone as a guarantor. Sounds bad i know, but is there any way around this do you think? Many thanks, Jessica.

Asked by Jessica Dierden

Hi Jessica, thanks for using our Q&A.

There is a small chance we can get you accepted for car finance as long as you’re employed, have a full UK licence, have a small deposit (cash or part exchange) and are on the electoral roll at your current address.

I’d be more confident if you had a guarantor who had better credit to apply alongside you but this isn’t possible i know. We do however, have lenders that help people with bad credit so please make an application and once approved we provide a no obligation quote and you can buy a car from any dealer in the UK. Kind Regards, Rachel

Tim Carpenter
Answered by Tim Carpenter Car Finance Expert Edited on

Liked by 344 People

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.

Can't find the right answer?

Our Manchester based team are ready to help you.