Applying for something finance-related can be daunting for anyone – finding all the paperwork and information that’s otherwise tucked away in a drawer or cupboard can be an overwhelming task. So, here at My Car Credit, we try to make it as easy and straight forward as possible. As with any other kind of finance application, car finance does require a lot of paperwork, but don’t worry because we are here to assist you with that – every step of the way. Here’s a breakdown of all the paperwork and information you’re going to need when applying for car finance with us.

Before the paperwork

We like to start your car buying journey on the right foot, which is why we only require you to complete a simple online application form to begin your car finance journey. This usually takes less than three minutes and asks you for some simple information such as your full name, date of birth, marital status, residential status and your address history for the last three or so years.

Once this has been completed and you have received your online decision on-screen (as well as by email and text), your personal Car Credit Specialist will be in touch to guide you through the whole of your car-buying journey.

To be able to help you with this, your Car Credit Specialist will require some initial paperwork from you.

Driving licence

Your driving licence will be required regardless of any other circumstances.

We need a clear, scanned picture of your driving licence. Alternatively, you can post it to us – don’t worry, we will keep this safe for you and will return it once we are happy that it is your own driving license and that you are qualified to drive the car that you are looking to buy.

Your driving license also acts as proof that you will be the owner and registered keeper of your new car.

A selfie

In order to prove that you are who you say you are in your application, we may ask you to provide a selfie of you holding your own driving license.

With the rise of technology, we have chosen this as a convenient way for you to prove your identity and a good way for us to be protected against fraud.

Proof of employment and earnings

My Car Credit require information on your employment and earnings, so that we can treat you fairly, as a person and a customer. We need to be able to see that you can manage your finances and can afford the agreement you are looking to take out – this is known as an ‘affordability check’. Essentially, we do this to make sure you are protected from getting into any financial difficulty in the future.

To begin your affordability check, we will need you to provide the names and addresses of all of your employers for at least the last three years (sometimes longer if you have frequently changed jobs, or have gaps in your employment history).

You may also be required to prove your earnings, which will require you to send us copies of your payslips, usually accounting for the last three to six months’ wages. This is a simple safety precaution to make sure that your wages are being paid to you.

We might ask you to provide bank statements dating back for a certain period to show your income. If most of your income is cash and doesn’t show up in your bank statements, you may need to show other information to back up your income claims (such as tax return information).

Alternatively, for your convenience, we may ask you take a clear photograph/clear scanned copy and email them to us. However, the copies must be clear enough for us to be able to read all of the details on them.

Bank account details

We will also need the bank account details for the account you will be using for your monthly payments. You will need to provide us with the branch’s address and sort code, as well as your account number.

The account usually needs to be in your name (or jointly in your name). Again, if you have less than three years with your current bank, you will probably need to provide previous bank details.

Where you have a joint bank account with a spouse, we may also need some financial information from them.

Additional information

If there are issues with any of your documentation, your personal Car Credit Specialist will advise you (and in some cases, require you) to give extra information to us. This isn’t uncommon and it’s certainly nothing to worry about.

The requirement for additional information can result from a number of circumstances. It can occur because you have recently moved to the UK and are therefore unable to provide three years residence information. In this case, you may be asked for overseas checks. Alternatively, younger drivers that may not have the relevant employment or credit history, might be asked to submit a guarantor’s information as well as their own.

There are a number of circumstances that may require the submission of additional information, and this should not be seen as a negative sign for your car finance. We only ask for this information to make sure we get the best finance deal for you, and to improve your chances of being accepted.
It is also important to take note that the types of paperwork we will require can differ depending on your credit profile and the lender we are able to match you with.

Here at My Car Credit, we want you to be in your new car as soon as possible so we are trained to help and advise you. Get in touch with any questions or why not start your car-buying journey now and click here to apply with My Car Credit?

Rates from 9.9% APR. Representative APR 12.4%

Evolution Funding Ltd T/A My Car Credit

My Credit Rating


  • 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


  • 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


  • 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


  • 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


  • 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

Typical rate

Loan amount

Total payable




*for illustration purposes only

No impact on your credit score*

Representative Example

Borrowing £7,500 at a representative APR of 12.4%, annual interest rate (fixed) 12.36%, 47 monthly payments of £196.44 followed by 1 payment of £206.44 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,939.12, total amount payable is £9,439.12.

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.

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!