Can I get Car Finance with a Fair Credit Rating?

Tim Carpenter
Written by Tim Carpenter

If you have a fair credit rating, there is every possibility of you being approved for finance to buy a vehicle. In fact, we have many finance options available for those with fair credit, so we’d be hopeful of finding the right deal for you.

Working with a large panel of lenders, we are able to scour the market to find the most competitive finance option for your individual circumstances.

As well as looking at your credit history, any lender assessing a finance application will look at your income, to see evidence of a regular basic income. We can help customers with varying employment statuses, including self-employed, students and retired.

We can offer no deposit car finance, however we can accept part-exchanges or cash deposits if you have either of these available, which would then reduce the total loan amount.

It isn’t just finance for cars we can offer either – we can offer finance for van, taxi, motorhome and motorbike purchases too.

At CarFinance 247 you can choose a vehicle from any reputable dealership in the UK.

Get a quote
No impact on your credit score
Rates from 6.9% APR. Representative APR 27.4%

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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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