Skip to content

Car Finance Expert Q&A

Hi, I'm Edwin and I'm here to help you!
image description

Edwin Miles. Underwriting Manager

Car Finance Calculator

Calculate your loan immediately


How can I help you?

Do you have a question about Carfinance247 or its services? If so, please complete the form below for a response within 1 working hours. I have over 7 years experience working for Carfinance247 and have the responsibility to answer all questions asked.

Car finance for an NQT (Newly Qualified Teacher) ?

Hi there Edwin,

I am a recently Newly Qualified Teacher and have just got my first job, I am earning approx £21,000 a year. I am on the electoral roll, however my credit isn't very good due to some defaults from back when I was a student. Can you help?

Posted by Faye P on


Hi Faye, thank you for your question.

Congratulations on qualifying as a teacher and getting your first job!

You are earning a regular income which is great! Have you worked there for 3 months yet? If approved, we would require 3 months proof of income from you.

The fact that you are on the electoral roll is good, and a couple of defaults shouldn't cause too much of an issue providing they are under £5000, as we work with a few lenders that can help customers who have had defaults in the past under this amount.

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, Edwin

Posted by on

Rate Edwin’s advice.

image description

Do you have a question on this topic?

Ask a question or leave a comment on this topic below

Back to Car Finance Expert Q&A

Back to top