Yes, you can. We know that times can be tough and sometimes things go a little wonky with finances, it can happen to us all. We don’t think this should stop you getting finance, so we’ve made sure we have a range of lenders on our panel that specialise in lending to people with a less-than-perfect credit history. We won’t lie, you may not get the best rates of interest, but you’ll be able to get the new car, van, motorbike, motorhome, caravan or horsebox you were after and improve your credit score! Yes, it’s true, getting finance will improve your credit score, as long as you keep to the repayments you agreed to, of course.
We’ll need to see: - a copy of your photo ID – this can be either your driving license or passport. - proof of income – occasionally the lender may ask you to prove your income for affordability purposes.
You need to be at least 18 years old to apply for vehicle finance. This may seem a little unfair seeing as you can drive a car at 17, but it’s to do with finance regulations. You have to be 18 to sign a credit agreement, which is what vehicle finance is. It’s a legally binding contract that only an adult can enter into. Between the ages of 18 and probably about 21 it may be hard for you to get finance simply because you’ll have no credit history for the lenders to look at. Again, seems a little unfair, but looking at your credit history is one of the ways a lender decides who to lend to and how much to lend.
Nothing. We don’t ask you to pay anything for the work we do for you, the lenders pay us instead. If we’re able to find suitable finance for you, the lender gives us a fee for arranging your finance through them. Sometimes the dealer or the lender might ask for an administration fee, if they do, we’ll let you know.