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Car Finance in Peterborough

Rates from 9.9% APR.
Representative APR 11.9%

Peterborough Car Finance
Evolution Funding logo for car finance broker

Part of Evolution Funding, the UK’s largest motor finance and technology provider.

Welcome to Peterborough road sign

Between the energy you spend shopping around different dealerships through to the time required to research the best agreement for you, finding car finance in Peterborough can feel like a faff.

What’s more, even after you’ve spent all that time and effort hunting after the deal that’s best for you, you may find yourself facing hidden costs and confusing paperwork.

That’s where My Car Credit can help. We’ve worked hard to make finding and securing car finance in Peterborough as easy and speedy as possible.

Here’s how we can help drivers from Barnwell to Yaxley secure their dream car finance and why car finance is the choice of so many local drivers…

My Credit Rating

Excellent

  • You are a home owner
  • You have been on the electoral role for a long period of time
  • You have current credit arrangements and mortgage with no defaults
  • You have no CCJs, credit arrears or missed payments
  • You rarely apply for credit
  • You are employed or self-employed

Good

  • You are on the electoral role
  • You are a home owner or long standing tenant
  • You have a stable employment history
  • You have current credit arrangements with occasional missed payments
  • You have no CCJs

Fair

  • You are or have recently been on the electoral role
  • You may have recently changed address
  • You may have occasional missed payments
  • You may have an old CCJ
  • You may have regularly applied for credit

Poor

  • You may have had frequent changes in address
  • You may not be traceable on the voters roll
  • You may have exceeded credit card limits
  • You may have missed payments on current agreements
  • You may have had a CCJ in the past

Bad

  • You may not be traceable on the voters roll
  • Your credit cards are over their limits
  • You have recent CCJs
  • You may have been refused credit elsewhere
  • You may be in a debt management plan
£

X monthly repayments of
£X

Typical rate

Loan amount

Total payable

X% APR*

£X

£X

*for illustration purposes only

No impact on your credit score*

Representative Example

Borrowing £7,500 at a representative APR of 11.9%, annual interest rate (fixed) 11.87%, 47 monthly payments of £194.81 followed by 1 payment of £204.81 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,860.88, total amount payable £9,360.88.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

Please ensure you can afford the repayments for the duration of the loan before entering into a credit agreement.

*Initial application is a soft search. Should you progress, some lenders may perform a hard search on your credit file.

Peterborough car finance – the benefits

If you’ve got the cash upfront to pay for your next set of wheels, you may not need car finance. But cars are expensive – in fact, they’re usually the second highest purchase you’ll ever make, after a house. So, for most drivers, buying a car can still feel like something that’s well beyond their means. That’s where car finance can help.

White audi purchased using car finance

As a catch-all term, car finance refers to a credit agreement that drivers will take out in order to fund the purchase of a vehicle. With any car finance, you’ll borrow a pre-agreed amount of money, which you then pay back via a series of affordable monthly instalments plus interest. During this time, you have full use of the car.

Car finance agreements are flexible, and can work for drivers with all kinds of needs and circumstances. At My Car Credit, we understand that no two Peterborough drivers are the same. Some may want to own the vehicle outright at the end of their agreement, whilst others are fine with having usage limits imposed. Finding the right car finance in Peterborough for you all depends on the kind of driver you are. That’s why we aim to help you secure the most appropriate deal that matches your unique requirements.

Our application process is all online, meaning that you don’t have to go traipsing around different dealerships in order to find an agreement. What’s more, it takes mere minutes to fill in. You just tell us a bit about yourself as well as the kind of car finance that might suit you, and we’ll provide a no-obligation quote after a soft credit check.

We’re all about helping Peterborough motorists find car finance that’s accessible and affordable. With us, the rate you see is the rate you get. What’s more, we won’t surprise you with any hidden fees or red tape.

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Where can you find Peterborough car finance?

Before car finance went digital, drivers would have to shop around different brick-and-mortar dealerships to find their car finance. This put dealers at an advantage for dictating rates and terms, as they held a monopoly.

Those days are now gone. If you’re looking for car finance in Peterborough, you can do so without even leaving the house. Our application process is all online, and it’s super speedy to complete. After all, we understand that you want to get behind the wheel of your next drive as soon as possible.

Once you’ve told us about yourself and the kind of car finance that might work for you, we’ll perform a soft credit check and give you a no-obligation quote in minutes. If you’re happy to proceed with the agreement, we’ll then leverage our network of UK-wide lenders to find you the most suitable terms. Once you know the kind of budget and terms you’re working with, you can then start shopping around for your next car.

We can even work with Peterborough drivers with poor credit ratings. Our initial credit check won’t impact your overall score. Plus, if you decide to choose car finance from us, by making your monthly repayments in full and in a timely fashion, you’ll be improving your overall credit rating. This will make you a more attractive candidate for any future loan applications.

Want to find both your Peterborough car finance and car in one go? We can help. Head to our one-stop shop of quality pre-approved new and nearly-new vehicles to find your next drive.

If you have any questions or concerns throughout the process of finding car finance in Peterborough, our friendly team of specialists are on hand to help. They’re available to answer any of your queries – no problem is too big or too small!

Colourful my car credit behind red Renault purchased using poor credit car loan

Find Peterborough car finance in these three steps

Secure your dream car finance in Peterborough by following these steps:

Get approved for car credit from My Car Credit

Fill out our online form

This is where you tell us about yourself, as well as the kind of car finance you might be looking for. We’ll then perform a soft credit check, and you’ll receive a no-obligation quote in minutes.

Red car purchased using car finance from My Car Credit

Shop for your new car

If we decide that you’re a viable loan candidate and you’re happy with the agreement, we’ll advance your application. With a sense of the timeframe and budget of your agreement, you can shop around for your next set of wheels.

sign and collect for your new car bought with car finance

Collect your keys

We’ll handle any last-minute liaison with the lender. Provided all parties are happy, you can collect your new car keys and hit the road.

my car credit adviser for car finance

Secure Peterborough car finance with My Car Credit

With My Car Credit, finding car finance in Peterborough has never been easier. We help drivers secure accessible, affordable car finance that works for their needs and circumstances. Our friendly team of specialists are on-hand to answer any questions you may have throughout the process, and we can even work with drivers with poor credit rating.

Contact us today by emailing enquiries@mycarcredit.co.uk to start your car finance journey.

my car credit adviser for car finance

Secure Peterborough car finance with My Car Credit

With My Car Credit, finding car finance in Peterborough has never been easier. We help drivers secure accessible, affordable car finance that works for their needs and circumstances. Our friendly team of specialists are on-hand to answer any questions you may have throughout the process, and we can even work with drivers with poor credit rating.

Contact us today by emailing enquiries@mycarcredit.co.uk to start your car finance journey.