Help & Advice

My credit rating isn't great and i have a few CCJ's that are now resolved. Can i get car finance?

My credit rating isn't too good at the moment and i have a couple of ccj's. Although these have been sorted i need to lend £2000. Is that possible given my circumstances?

Al


Answer

Hi Al, here at CarFinance 247.co.uk we have many lenders on our panel that help people all over the UK get car finance with bad credit.

How much do the CCJ's that you have add up to? This could be a stumbling block (if over £10,000 combined) but we'll do all we can to help you out. As you say "they have now been sorted" i'm confident we can get you accepted for £2000 as it's a small amount. As long as you're employed with a full UK licence and preferably electoral roll status we should be ok.

Please apply online when you get a moment and once approved we provide a no obligation quote and you can get your car from any UK dealer. Thanks, Rachel

Answer correct as of September 2016

Rate our advice

Liked by 21 People

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.

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! I'm 20 years old and have had a CCJ in the past. However I have been in my job for 4 years and earn around £1000 a month. Would I be able to get car finance?

Answer

Hi Jack, due to your age and the fact that you have a default already it is unlikely that we'll be able to help you. How much is your default for and what other credit do you have, if any? Kind Regards, Rachel

Rate our advice

Liked by 7 People

Hi, my credit score is 871, i am a home owner and i was recently offered a personal loan which i wanted to use to buy a car from Santander bank.

I have a full time job and i earn around £1400 after tax a month. Can i get car loan with you for a hybrid car? I have my latest Experian credit report to hand so can you tell me whether I will be approved or rejected by having a look at my credit report?

Answer

Hi Nitin, thank you for your question.

As you are a home-owner, have a good credit score and a decent monthly income i'm confident we can get you approved without having to see your credit report.

Especially if you have just recently been approved by Santander there should be no reason at all why we can help you. Please apply when you can and once approved with us we provide a no obligation quote and you can get a car from any dealer in the UK. We can beat dealer rates too. Kind Regards, Louis

Rate our advice

Liked by 6 People

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.

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