Car finance can be a fantastic way to purchase a new vehicle. But what happens when the process seems to drag on? Don’t stress just yet. If you’re worried about car finance taking too long, this article is for you. Read on as we explore common reasons why car finance may be taking too long and share expert tips on how to speed up the process.

The waiting game: common reasons for delays

Car finance taking too long? Before we explore solutions, let’s identify some common culprits that can prolong the process:

Incomplete documentation

One of the most common reasons for delays is documentation. Whether you’re missing proof of income, failed to verify your identity or submitted a blurry photo of your driver’s licence, incomplete paperwork can grind the car finance process to a halt.

Lender processing times

While some lenders pride themselves on swift approvals, others may take longer to process applications. If speed is a priority, it’s worth working with lenders with an excellent track record when it comes to fast approvals. 

Credit issues

Credit checks are a standard part of the car finance process. No surprises here – issues or discrepancies with your credit history can slow down the application process.

Communication breakdown

Car finance taking too long? Miscommunication between parties involved in the process can lead to delays. This includes including borrowers, brokers, lenders and dealers.

Tips for speeding up the process

Now that we’ve identified potential roadblocks, let’s spotlight steps to get your car finance application back in the fast lane.

Be proactive with documentation

Give yourself the best shot of success and ensure all documents are complete, accurate and up to date before submitting your application. This includes proof of identity, income verification and any other documents requested by the lender.

Work with a broker

Teaming up with a car finance broker can drastically speed up the car finance process. As well as traditional lenders like high street banks, brokers work with alternative creditors known for their quick turnaround times. Working with a broker is one of the best moves you can make if you’re concerned about car finance taking too long.

Stay on top of communication

Maintain open lines of communication with your broker, lender and dealer throughout the process. Quickly respond to requests for additional information to prevent unnecessary delays.

How My Car Credit can help

At My Car Credit, we understand the frustration of car finance taking too long. That’s why we’ve created a streamlined process designed to get you behind the wheel in no time. With our extensive network of lenders and expert guidance, we have what it takes to turbocharge the process for quick car finance. Help is always available, so don’t hesitate to reach out to My Car Credit for personalised support on your car finance journey. We’re with you every step of the way, from initial application to keys in hand.

To check eligibility for car finance, My Car Credit has developed a car finance calculator to allow you to crunch those numbers around your next car. Give it a try and start your car buying journey today.

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!