With the latest data from YouGov revealing 41% of British adults have missed debt repayments at some point in their lives, poor credit history is more common than you might think. There’s a shared belief that poor credit history can have a negative impact on your ability to secure finance. While there is some element of truth to this, it doesn’t mean you’re out of the running.

So, can you get car finance with poor credit history? Absolutely. Buying a car with poor credit is not always as straightforward as applying for a loan with a big deposit, a steady job and perfect credit history. However, don’t lose heart – with the right approach it can be done.

Worried your credit score may be a little tarnished? We’re here to help. Read on for our guide to securing car finance with poor credit history.

Car loans explained

Before applying for a car loan with bad or poor credit history, it’s important to understand exactly what you’re committing to. Like property mortgages, car loans offer you the freedom to secure a vehicle you may not be able to pay for upfront.

Car loans are not designed to help you purchase a vehicle you can’t afford in the long-term. Instead, they do allow you to spread out payments over a period of months or years. This means you don’t have to present a large sum of cash up front, which drastically increases the options available to you. 

Get a roadmap of your credit history

Suspect you have poor credit history? The first step to securing a car loan is to arm yourself with a clear overview of your credit history and score. A credit report will lay out the raw data and is the best place to start when assessing your financial situation. It should cover any active credit you have, as well as previously missed payments.

Hard vs soft credit checks

All reputable lenders will want to know about your borrowing history before offering you a loan, which is where credit checks come in. There are two main types of searches you’ll encounter when checking your credit history – hard and soft. ‘Hard’ checks can leave a mark on your credit score. What’s more, they give lenders insight into how many loans you’ve applied for in the past. If abandoned, hard credit checks can reflect badly on your borrowing status and damage your credit score even further.

In comparison, ‘soft’ searches aren’t visible to lenders and won’t affect your credit score. Instead, they offer lenders a good overview of your loans and finances, without leaving a visible footprint. 

Overcoming poor credit history

Struggling with poor credit? You’re not alone. There are all kinds of reasons people may be struggling with poor credit history. Here’s a few helpful ways to overcome poor credit history and secure a car loan.

  • Commit to regular repayments

One of the best ways to improve your status as a borrower is to commit to regular repayments on your existing debts. Even paying off the minimum amount shows lenders you have the capacity and commitment to repay loans. Over time this will help to improve your credit score.

  • Register on the electoral roll

Registering on the electoral roll makes it easy for lenders to check your name and address, as well as minimise the risk of fraud. It helps to present yourself as an active member of the local community and offers reassurance you’re a real person.

  • Save a good deposit

Putting together a healthy deposit can be a good way to show lenders you’re serious about saving. It also proves you have the ability to make future repayments. It improves lender confidence and can ultimately help to secure bigger loans at lower interest rates.

  • Seek help from a specialist lender

Seeking help from a specialist lender is one of the best ways to rise above poor credit history. At My Car Credit, we aim to help all applicants secure the car finance they need with quick and easy online applications.

Let us help with your car finance

As part of leading motor finance broker, Evolution Funding, My Car Credit has access to one of the largest ranges of car finance lenders in the country. We use specially developed technology to match your unique profile with the best loan products for your circumstances. And yes, this includes customers with poor credit history.

We pride ourselves on helping Brits with all financial backgrounds get behind the wheel. Why not get an application started today to jumpstart your journey to a new car loan?

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!