Help & Advice

Do you accept DLA as Guaranteed Income for Car Finance?

Hi, do you accept benefits such as dla as a guaranteed income for car finance?

michelle flanagan


Answer

Hi Michelle, thank you for your question.

Yes - we do have lenders on our panel that take into account DLA benefits as a form of income. Is your income purely from benefits or do you work part time too?

Please make an application and once approved we provide a no obligation quote and you can buy a car from any dealer in the UK. Kind Regards, Rachel

Answer correct as of September 2016

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Best available rate
Total repayment
Total cost of credit

Best available rate

Total repayment

Total cost of credit

Representative example:

Borrowing £7,500 over 4 years with a representative APR of 25.4%, an annual interest rate of 25.4% (Fixed) and a deposit of £0.00, the amount payable would be £239.77 per month, with a total cost of credit of £4,008.96 and a total amount payable of £11,508.96.

Rates may differ as they are dependent on individual circumstances. Subject to status.

We compare products from 16 of the UK's top lenders to get you the best deal.

More related questions

Hi, I am not working and am on "DLA". Is there anyone out who will give me a loan to get a car?

Answer

Hi Thomas, if you have a good credit record then we will be able to help you as long as you have a full UK licence. Regards, Rachel

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Liked by 13 People

I am unemployed due to a disability. I am in receipt of DLA and other benefits. Would i still be able to apply for car credit?

Answer

Hi Kazablanca, if you have a good credit history then we'll be able to help however, if you have a fair/poor credit history then we won't be able to get you approved unfortunately. Do you have good credit? Rachel

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

Answer

Hi Francisco, do you have a good, fair or poor credit history?

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Hi, i'm on dla and esa and have a fair credit rating. Can i have a car on finance?

Answer

Hi Stuart, this may well be possible as you have a fair credit rating. Please apply and we'll try our best to get you approved. Let me know your reference number after you have applied. 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

Representative example:

Borrowing £7,500 over 4 years with a representative APR of 25.4%, an annual interest rate of 25.4% (Fixed) and a deposit of £0.00, the amount payable would be £239.77 per month, with a total cost of credit of £4,008.96 and a total amount payable of £11,508.96.

Rates may differ as they are dependent on individual circumstances. Subject to status.

We compare products from 16 of the UK's top lenders to get you the best deal.