Absolutely! There are 15 fair and bad credit car finance lenders in the U.K. and we are set up to use all of them. Each finance company uses their own credit scoring system and generally, they’re looking for signs of intent to pay credit. If you are struggling to meet your existing financial commitments then you’ll struggle to get accepted for a car loan but if your bad credit is 12 months or more ago then you will stand a chance of getting approved as long as you have sufficient income to pass the relevant affordability assessments.
There is no such product as guaranteed car finance and any finance company that advertises expressions such as ‘Guaranteed Car Finance’ or ‘Guaranteed Finance Approvals’ are misleading you. All finance providers must complete credit checks as well as affordability checks before they can offer finance.
Pay Weekly Car Finance deal with every fair, bad and very bad credit car finance lender in the U.K. to ensure we offer you the best chance of getting a car finance approval. We search the market using soft searches to also make sure we offer you the lowest possible rate for your personal credit rating.
