Help & Advice

Car Finance for NHS Staff

Hi Ed, My car has been written off recently and i am looking at buying a car with less than 60K on the clock. I work for the NHS and have a fair credit score of 822 out of 999.

What is the interest rate likely to be? Can i proceed with my loan application although i'm not sure of the car i want yet? Thank you Ed for your time and effort.

Latha


Answer

Hi Latha, thank you for your question. The answer is yes. You can proceed with your car finance application even though you haven't decided upon what car you want yet.

As you work for the NHS (a secure public sector job in the eyes of finance lenders) and have a fair to good credit score i'm confident we'll be able to get you approved for a car loan. The rate you get will depend upon which lender we get you approved with and your credit circumstances.

Once approved we provide a no obligation quote and you can buy a car from any dealer. Kind regards, Rachel

Answer correct as of September 2016

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Best available rate
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Total cost of credit

We compare products from 18 of the UK's top lenders to get you the best deal.

Hitatchi

Representative example. Excellent Credit

Borrowing £7,500 over 48 months with a representative APR of 16.8%, an annual interest rate of 16.8% and a deposit of £0.00, the amount payable would be: £211.25 a month, with a total cost of credit of £2,640 and a total amount payable of £10,140.

CarFinance 247 is a broker and not a lender

More related questions

Hi Rachel, I've commenced a new nursing post within the last month, leaving my previous post within the NHS of some three years. Am i still eligible to apply for a car?

Answer

Hi Phil, yes - you can still apply for a car loan but remember to keep your proof of income from your NHS job.

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I am a new NHS employee and looking to get a used car. My current car is not working and I desperately need to get to work. Would I be able to get finance?

Answer

Hi Cenk, Yes - we can usually help NHS workers obtain finance. Are you on the electoral roll and do you have any other forms of credit at the moment?

Please make an application when you're ready and if approved you can choose a car from any reputable dealer and we also provide a no obligation quote. Kind Regards, Rachel

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I am looking for car finance but I have bad credit. I was discharged from bankruptcy in 2011. I work for the NHS and full time. Can you help?

Answer

Hi Loice, thank you for your question.

We do indeed have lenders on our panel that approve people who have been bankrupt in the past. We can't guarantee an approval at this stage but as you also have a stable job in the NHS i'm confident that we can help.

Please make an application when you're ready and if approved you can choose a car from any reputable dealer and we also provide a no obligation quote. Kind Regards, Rachel

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Hi Ed, I have been working at Warrington hospital for two years now and I'm looking for a used car and my credit isn't good.

Please can you help me I can't get finance anywhere? Thank you

Answer

Hi Duangdaw, thank you for your question.

The good news is that we do have lenders on our panel that help people with past credit issues so hopefully we can get you approved. We can't guarantee anything at this stage but we'll certainly try our best to match you up with a specific lender.

As long as you have a UK licence and 3 years UK address history there is a chance we can help. Please make an application and once approved you can choose a car from any dealer and we also provide a no obligation quote. Kind Regards, Rachel

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Hi, I already have a car on finance though not on a very good deal as my credit score was very poor.

I have worked in the NHS for over 5 years is there any way of applying a NHS discount to my contract that you know of?

Answer

Hi Richard, thank you for your question.

As far as i know there is no way to apply a NHS discount to a car loan agreement. How long have you had your existing deal though as we may be able to get you a better rate and repayment?

We deal with many lenders that help people with past issues so if/when you need car finance again please get a free quote from ourselves. Please make an application and once approved you can choose a car from any reputable dealer and we also provide a no obligation quote. Kind Regards, Rachel

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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

We compare products from 18 of the UK's top lenders to get you the best deal.

Hitatchi

Representative example. Excellent Credit

Borrowing £7,500 over 48 months with a representative APR of 16.8%, an annual interest rate of 16.8% and a deposit of £0.00, the amount payable would be: £211.25 a month, with a total cost of credit of £2,640 and a total amount payable of £10,140.

CarFinance 247 is a broker and not a lender