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Car Finance Expert Q&A

Hi, I'm Edwin and I'm here to help you!
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Edwin Miles. Underwriting Manager

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I went through some difficult times at the end of 2008 and start of 2009. Since then I have been improving my credit although I am paying off a default from car finance from the period as above. My credit score is 678 at standing and earn £60000 per annum. Would I be accepted and if so what funds would be accessible? Could i get finance with no money down? Thanks in advance

Posted by John on


Hi John, thank you for your question.

We specialise in helping people with fair/poor credit histories so I'm fairly confident that we can get you approved. It's good to hear that you are actively paying off old defaults, and having a healthy income is of benefit to your application.

The amount you can borrow will be determined by the lender with whom we can get you an approval, so we'd need to know who we can get you approved with first, although we should be able to secure you approx £15-20,000. Having no deposit isn't necessarily an issue either. Kind Regards, Edwin

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