It’s natural that customers shopping around for car finance can be concerned that an initial credit search will negatively influence their credit score. Initial credit searches usually result in a mark on your credit score - especially when they are abandoned. Very often, customers like to check for car finance before they make a decision or before they've even found a car.

At My Car Credit, we help customers check their eligibility for credit before they formally apply for car finance – taking the worry out of assessing your options. We do this by carrying out a ‘soft search’ credit report at the very start of your application.

What is a soft search?

A soft search is a type of credit check which allows us to see your financial history (i.e. how you’ve managed your loans and finances) without having this information exposed to lenders.

Here’s how it works. Start by using our car finance calculator to get an idea of your monthly payments and finance rate, based on your credit profile. Next, we ask you to complete a short online application form that should take no longer than three minutes – the form will require simple details such as name, address, DOB, contact details, employment details, and history, etc. You will then receive an instant online decision on screen, as well as by email and text.

We understand that no two customers are the same and that several different factors can affect the outcome of your application. Our commitment is finding you the best finance solution possible. In order to do this, we adhere to lending regulation by placing all our prospective customers into one of two categories: prime and subprime.

  • Prime customers (those with a good credit status) will receive an actual annual percentage rate (APR) – this rate is a transparent one, i.e. in the majority of cases this will be the rate a customer will pay.
  • Subprime customers (those with an impaired credit history) will receive confirmation of their application and the My Car Credit team will work hard to access our panel of 34+ lenders to get the right deal for your circumstances.

Other than its convenience and the information it provides, one benefit of a soft search is that it is not visible to lenders. This means that it won’t affect your future ability to obtain finance, even in the case that you are rejected for finance with us.

If you were to ask for a copy of your credit report, you will be able to see the soft search on there – but (within reason) you can have as many soft searches as you like on your credit profile without affecting your credit score. Essentially, a soft search checks for the same kind of data that a ‘hard’ application would, without running the risk of obtaining a credit mark.

What does all this mean for you?

The approach at My Car Credit means that you have the freedom to shop around for car finance before making your final decision. It also means that you aren’t penalised if you are refused car finance, as you would be with other credit searches.

There is also no obligation or fee attached to the soft search application process with us. If you’re not sure that the quoted rate is right for your circumstances, you are free to take the information away with you – without a footprint being left on your credit profile. However, if you are happy to proceed with the rate you’ve been quoted, you can simply complete your application with us – it’s as easy as that.

Put simply: A soft search is a fantastic way of starting your car finance application without the worry of affecting your credit score. Whilst this provides a very good indication of where you stand in terms of being approved for credit, it is not a replacement for checking your credit history and improving your credit score before making an application.

Rates from 6.9% APR. Representative APR 13.9%

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 13.9%, annual interest rate (fixed) 13.85%, 47 monthly payments of £201.38 followed by 1 payment of £211.38 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £7,500.00, total amount payable is £9,676.24.

My Car Credit is a credit broker and not a lender.

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!