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Win your car finance with CarFinance 247


If you win, we'll pay off the finance on your car. It's that simple! Your car becomes completely yours, free and clear.

This amazing offer is open to anyone who has secured car finance with us throughout 2023, including Decemeber 2023!

This means that there's still time to enter, get your finance in December, and you're automatically in!

The lucky winner will be announced the week beginning 5th February 2024 on our instagram page.

Terms and Conditions apply.

Can I Obtain A Car Loan While on Disability Benefits?

Hello, If I apply for finance and get approved do I have to buy a car from you or can I buy from other dealers or a private people? I would like to borrow around £8000. Is it possible to get approved if my credit score in the fair category (750 on Experian)? The only negative factor being my total credit card outstanding balance is a little high at present. The other problem is that I am not working and my only income are the benefits i receive during my illness. I can go back to work for my previous employer within three months, but I would like my car a bit sooner. I may get someone as a guarantor if required but this would be the last option. How likely is it that i'll get approved and what are the requirements if I need a guarantor? What are the applicable interest rates under my conditions roughly? Thank you
Asked by Gabriella
June 6, 2012
Hi Gabriella, than you for your detailed question and for using our Q&A. With a credit score of 750 i am confident we can get you approved for car finance without a guarantor however, adding one onto your application would strengthen your chances. The only issue i can foresee is the £8000 that you require. I'm not saying that we can't get you the £8000 but £5000 to £6000 may be more realistic. If however, you have a deposit or part exchange to place into the deal we may well be able to secure you the funds required. When approved you can indeed buy a car from any dealer in the UK and we provide a no obligation quote. The only thing holding us back is the fact that you're not currently receiving a wage from your employer. Some finance companies need to see proof of income & employment to go ahead with the deal and others don't so i'm just hoping that we can get you approved with a good credit lender who won't require proof of income. Please make an application when you feel ready. Kind Regards, Rachel
Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 17 People

Get my quote
Rates from 8.9% APR. Representative APR 19.9%




Rates from 8.9%: the exact rate you will be offered will be based on your circumstances, subject to status.

Representative example: borrowing £10,000 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £255.50 per month, with a total cost of credit of £5,329.80 and a total amount payable of £15,030.

We look to find the best rate from our panel of lenders and offer you the best deal that you're eligible for. We earn a commission for providing our services, but this does not influence the interest rate you’re offered in any way.

5 years
Total cost of credit £ 2000
Total repayment £ 2000
48 monthly
payments of
£ 245 98

Rates from 9.9%: the exact rate you will be offered will be based on your circumstances, subject to status.

Representative example: borrowing £25,000 over 48 months, £3,750.00 deposit, on PCP, with annual mileage of 8,000pa, and a representative APR of 11.9%, an annual interest rate of 11.9% (Fixed), the amount payable would be £394.51 per month, an optional final payment of £7,194.33, with a total cost of credit of £9,912.36 and a total amount payable of £28,444.33. 

We look to find the best product from our panel of lenders and will offer you the best deal that you’re eligible for. We earn a commission for providing our services, but this does not influence the interest rate you’re offered in any way.


Income related questions

Hi, I'm 20 and looking to get a car in finance, ideally an Audi A1. I am currently a student and in my student overdraft of £1500 and struggling to get out of this at the moment. I have no idea what my credit rating would be but I am wondering if I would

Asked by Abigail M
June 6, 2012

Dear Abigail, thank you for your question.

As far as I’m aware, with most banks a student overdraft doesn’t affect your credit rating. Usually you have a few years to pay this off post graduation before it impacts upon anything, so on that front you may be ok. When you say you pay all of your direct debits on time, does this include a mobile phone contract? Do you have a bank account? Also, are you on the electoral roll? If so these things will help us to find you an approval.

If you are concerned, or do not fit the criteria outlined above, you could always apply with a guarantor. This is likely to increase your chances of approval. The guarantor must have lived in the UK for 3+ years, be a home owner, and have excellent credit.

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

Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 8 People

Hi, I'm Disabled and have been for over 17 years. I receive £1763.56 a month in various benefits. My award is for life. I've been offered 2 loans both for £4000 over 4 years. BUT I believe they are related to Mr Robin Hood, why? Because the both want OVE

Asked by Kim Turner
June 6, 2012

Hi Kim, thank you for your question. There are indeed finance companies that accept disabled people who receive benefits as their sole form of income. Who are the 2 companies you have applied with to receive the high rates of interest? Have you tried with your bank? As you have a bank account and 2 credit cards you have some credit history which is great. The rate you usually receive is determined by your credit rating. Have you checked this lately or have you missed any payments in the past? If not, we'll be able to help you and as we have many lenders on our panel i'm confident we'd get you a good rate. However, as previously stated this all depends upon your past credit. 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

Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 6 People

Hi, I currently have poor credit as I went through a rough patch in last couple years. But I am now in full-time employment with a £70K salary but I have built a deposit. I wanted to know what my options were to get credit for a car loan? I appreciate any

Asked by Archie
June 6, 2012

Hi Archie, thank you for your question. As you are now employed, have a deposit and a large income, I'm pretty confident that we can help as we have many lenders that approve people with past credit problems. Please make an application and if approved you can choose a car from any reputable dealer. Kind Regards, Rachel

Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 7 People

Hi Rachel, my mum and dad wouldn't be an option as they both have poor credit ratings. The only option would be my brother. He is 21, in employment, has a bank account and currently has a loan that has he has maintained payments on. I wouldn't be lookin

Asked by Mark
June 6, 2012

Hi Mark, purely based on his age.
Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 6 People

Hi Rachel, I am looking to borrow around £3000 and have around £500 available for a deposit. I do not have a job, I haven't been in employment for approximately a year, I receive JSA, I have been on the electoral roll for over 3 years and had my bank acco

Asked by Billy
June 6, 2012

Hi Billy, thanks for your question. As you have a deposit, are on the electoral roll, have a UK bank account and can use your father as a guarantor we do have a chance of getting you approved for £3000. Please make a joint application and once 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 5 People

I earn 6 figures but I take a minimum wage and dividends. I have a CCJ satisfied in 2011, 3 defaulted accounts which are also satisfied in 2011. I went through a bad patch. I am on electoral roll and have an accountant. I have a BMW 525 to P/X (bought 200

Asked by Felix
June 6, 2012

Hi Felix, apologies for the delayed response. We do have lenders that can help those with poor credit histories with finance, so we would be hopeful that we could help. In regards to the rate that you will receive if approved, this will be determined by the lender we can get you accepted with. What is your part ex worth (approx) and how much are you looking to finance? As you take dividends we'd need your accountant to write a letter to confirm your earnings. You are on the electoral roll which will help too. 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 16 People

I'm on income support and have a full license can i get finance?

Asked by Angie
June 6, 2012

Hi Angie, if you have a good credit history we could help - is this the case?
Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 2 People

I am on income support, i have a drivers licence, but i'm only 18 so, i don't exactly have a proper credit rating as i haven't had chance to build it up. Would there still be a possibility of me getting a car on finance?

Asked by Netalia Nottingham
June 6, 2012

Hi Netalia, thank you for your question.

We do have lenders on our panel who help people on income support and those with little credit history. As long as you have a UK bank account there is a chance we can help. If you had someone to apply alongside too that'd help our chances.

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
Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 6 People

i am unemployed an would like to get a car on finance do you have a scheme for people claiming disability living allowance?

Asked by Francisco Da Silva
June 6, 2012

Hi Francisco, do you have a good, fair or poor credit history?
Tim Carpenter
Tim Carpenter Car Finance Expert

Liked by 18 People

Can't find the right answer?

Our Manchester based team are ready to help you.


* The UK's largest online car finance broker by unique users to the website. Based on Similar Web data – 1,137,647 to CarFinance 247 vs. 753,819 for nearest competitor. January to June 2023.

CarFinance 247 is a trading name of CarFinance 247 Limited. Registered office: Universal Square, Devonshire Street North, Manchester, M12 6JH. Registered in England. (Registration Number 06035525).

CarFinance 247 is authorised and regulated by the Financial Conduct Authority for insurance distribution and credit broking (Firm Reference Number: 653019). CarFinance 247 is registered with the ICO (Registration Number Z1897658).

Finance is subject to status and is only available to UK residents aged 18 and over. Written quotations are available on request.

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