Help & Advice

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

Rate our advice

Liked by 3 People

Best available rate
Total repayment
Total cost of credit

Best available rate

Total repayment

Total cost of credit

Representative example:

Borrowing £7,500 over 4 years with a representative APR of 25.4%, an annual interest rate of 25.4% (Fixed) and a deposit of £0.00, the amount payable would be £239.77 per month, with a total cost of credit of £4,008.96 and a total amount payable of £11,508.96.

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

We compare products from 16 of the UK's top lenders to get you the best deal.

More related questions

Rachel Wilson, Underwriting manager

Asset 1 Just get in touch,

we'll try to help Asset 2

Rachel Wilson, Underwriting Manager

Best available rate
Total repayment
Total cost of credit

Best available rate

Total repayment

Total cost of credit

Representative example:

Borrowing £7,500 over 4 years with a representative APR of 25.4%, an annual interest rate of 25.4% (Fixed) and a deposit of £0.00, the amount payable would be £239.77 per month, with a total cost of credit of £4,008.96 and a total amount payable of £11,508.96.

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

We compare products from 16 of the UK's top lenders to get you the best deal.