Do you offer car finance for students?

Do you offer car finance for students? 


September 17, 2012

Hi Georgia, as you have no credit i'd advise you to add one of your parents to the application to give yourself a better chance of being approved. Who has the better credit history - your Mum or Dad? It won't matter that your Mum has a provisional if she's acting as a guarantor. I take it you have a full UK licence? When you apply place your part time job in the employment section and after the application is complete come back to me with the unique reference number so that i can guide you through the process. Kind Regards, Rachel


Employment related questions

Hi,I am looking into car finance. I am 25 and I am postgraduate student studying for a PhD. I recieve a maintenance stripend from the university of about £1100 a month and it is tax free. I would like to borrow between £2500 - £3000. I live with my partne

Asked by Louise
September 17, 2012

Hi Louise, no problem at all. As long as you have a full UK driving licence we should be able to get you passed for student car finance as you say you've got a good crediti history. Please make an application asap. Kind Regards, Rachel

Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 9 People

Hi, I have a credit expert score of 706 over bank problems when I was younger. I have £2500 to pay of my last car finance which was £14000 all my monthly payments have always been in-time with the car finance. I have never missed a payment. I am self empl

Asked by Carl
September 17, 2012

Hi Carl, i'm confident we can get you approved with your current credit score. You also have a large income which is great. Please apply when you feel ready. Rachel

Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 7 People

Hi, As a student from 05-09 I took out too much credit as overdrafts and defaulted on two accounts to the value of £900 and £1600. Since graduating, i have secured a job in government and have all paid off in full and satisfied the accounts. Would I be in

Asked by Guy
September 17, 2012

Hi Guy, as you have settled your old debts and have a good secure job now we should be able to secure you the finance you need to re-build your credit history. Please apply when you get 3 minutes on our site and we'll aim to have you approved when the office is back open tomorrow (Sunday today). Rachel

Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 4 People

Hi, I'm currently working 15 hours a week, receive additional benefits, such as child tax credits, and in total I receive around £1750 a month. I'm currently waiting for my electoral role application to be updated, and I'm 20 points away from a "f

Asked by Jamie
September 17, 2012

Hi Jamie, thank you for your question,

Your credit isn't too bad, and you have a good regular income and decent deposit. We do have lenders who can help people receiving benefits, so we can try our best to help you!

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

Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 9 People

Hi, my partner and i both have poor credit. He is self employed, has a driving licence and a mortgage. I work part time and have a provisional. We hire a car that costs £400 a month. What are the chances of us being approved for finance and can you recomm

Asked by Vicki
September 17, 2012

Hi Vicki, please make a joint application on our website - that'd be your best chance of being approved. As long as your partner can prove his income we may be ok. Please apply when you get a few spare minutes. Kind Regards, Rachel

Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 7 People

Hi. I'm self employed, have been for the past 5 years. I have poor credit and my bank account doesn't speak much for my cash earnings, but I do have my tax papers and that shows my income for the past years, which, also has been the same. Is there any hop

Asked by Joanna
September 17, 2012

Hi Joanna, As you’re self employed and have bad credit we’d need to see 3 months bank statements proving your income. If this isn’t possible today then wait 3 months and make sure all your income goes through your bank from now until you apply. Regards, Rachel
Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 6 People

I am a full time carer for my disabled wife and my disabled daughter. I run a small business from home which generates no income currently as it is breaking even. We have a household income of just over £15,000 per year made up of Disability Living Allowa

Asked by James W
September 17, 2012

Hi James, thank you for your detailed question. The good news is that we have lenders that can help people on benefits and that also have a few past credit issues get car finance. As you don't have a full UK driving licence though we'd need your wife to go on the application as a joint hirer to improve our chances of gaining an approval. The deposit you have obviously helps and we'd love to help get you into a new car. You mention you were approved by us in the past so i see no reason why we can't help you this time as you have some current clean credit and a stable residential history where you have been on the electoral roll. We can't guarantee an approval but making a joint application gives you the best chance. Please make a joint application here and if approved you can choose a car from any reputable dealer and we also provide a no obligation quote. Kind Regards, Rachel
Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 7 People

I am a full time carer for my mentally and physically disabled wife. I am in receipt of all income as she is unable, mentally, to manage any money. We currently have a car through Motability but are looking to send this back due to her disability causing

Asked by Chris
September 17, 2012

Hi Chris, thank you for your detailed question. As you are a carer we do class this differently to people who are unemployed. When completing our finance application you do have the option to select "carer" as a profession. You have a good annual income and a decent monthly disposable budget so i’m reasonably confident we can get you accepted for the £4000 you need. In terms of what rate you receive this will be dictated by the lender we can get you approved with. To get an approximate idea though please use our car finance calculator. The lenders we use do have specific vehicle criteria which will be explained once we have an approval in place. The better credit history you have the more flexibility there is. Please make an application and if approved you can choose a car from any reputable dealer and we also provide a no obligation quote. Kind Regards, Rachel
Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 8 People

I currently am a nanny in England and also work part time as a care support worker. As I live with the family I am working for as a nanny I have no outgoings in the form of bills or food etc. However, I am not on the electoral roll or on a fixed annual in

Asked by Anna Stanke
September 17, 2012

Hi Anna, thank you for your question. We do have lenders that help people who work part time but as you say you are a nanny how long have you been in the UK? Lenders we work with need to see proof of 3 years residential history before lending any funds. Also do you have any active credit in the UK - so, a bank account, credit card or contract mobile phone? Kind Regards, Rachel

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