Poor Credit Car Finance
All circumstances considered, initial soft search to apply.
Rates from 9.9% APR.
Representative APR 10.9%


Part of Evolution Funding, the UK’s largest motor finance and technology provider.
I Have Poor Credit; Will I Be Able to Get Car Finance?
Can I get car finance with poor credit history? This is something we hear a lot, so don’t despair! At My Car Credit, we understand that there can be lots of reasons for a poor credit profile. We combine a wide panel of trusted lenders with a sensible approach to selecting the right car finance lender for your circumstances. This means that we may be able to approve you for car finance where others haven’t been able to.
Your poor credit history could be the result of CCJs, mortgage defaults, IVAs or bills that have been paid late. It could be that you’re self-employed, with no proof of income, or that you simply haven’t built up a credit history yet.
Whatever the reason, we look at every case individually, without judgement – we aim to always find you the most suitable car loan at the best rate available from our panel of lenders*.
* Subject to status
Tips for Finding the Best Poor Credit Finance
You’ve no doubt heard all the tips about improving your credit score, but how about ways to find the best car finance with poor credit in the UK. Here are four tips:
- Check your credit score beforehand – Checking your credit score for free means you can be up front and honest with lenders from the get-go. This reduces the risk of rejection further down the line when they see your credit history.
- Be wary of hard searches – Hard credit checks can leave a mark on your credit file and actually worsen your credit score over time if you don’t obtain car finance. Look for lenders who use an initial soft search and only use hard credit checks at a later stage in your application.
- Shop around with a broker – Shopping around is always good advice when making any purchase. A specialist car credit broker like My Car Credit can do this for you, comparing deals from a network of lenders to save you time and secure a suitable deal.
- Save for a deposit – Car finance eliminates the need to save up for your next car for months and years. That said, saving a bigger deposit can demonstrate your commitment to paying for your next car and reduce the risk for lenders.
What Credit Score Do You Need for Poor Credit Car Finance?
Poor credit scores differ depending on the credit reference agency being used. With Experian, a poor credit score sits between 561-720, while Equifax rates anything from 439-530 as poor. A poor credit score with TransUnion is between 551-565.
Anything below these brackets is typically known as very poor. However, there is no minimum credit score required for car finance. It depends on other factors like affordability and each lender’s criteria.
A Quick and Hassle-Free Process
Get Approved
Complete our online car finance application form for an instant answer on car finance. It’s an initial soft search to apply.
Find a Car
You can find a car first or apply for car finance and then look for a car – we don’t mind! Choose from any reputable car dealer.
Sign & Collect
Sign your paperwork online, from the comfort of your home. We’ll transfer funds next working day, ready for you to collect your car!
How Does Poor Credit Affect Car Finance?
Poor credit is simply a rating given based on your credit history. It indicates your reliability as a borrower, which lenders use to evaluate the risk involved in your application. They typically balance this out using a risk and reward strategy.
In other words, poor credit car finance usually comes with slightly higher interest rates compared to applications with an excellent or good credit rating. You may also find that fewer lenders are willing to finance your car, so a bit of extra work is required to find a suitable deal. As we’ve mentioned, a specialist broker can make this easier by shopping around on your behalf to save you the time and hassle.
Can I Get Car Finance With Poor Credit?
Yes, it’s absolutely possible to get car finance with poor credit. Lenders take lots of factors into account alongside your credit score and credit history. These include employment status, affordability and the repayment terms you’re after.
By comparing deals from different lenders, you’ll increase your chances of success. A car finance broker does this for you, negotiating with a panel of lenders to find those which are likely to accept your application.
Approachable Car Credit Specialists
When you apply for car finance with My Car Credit, you will be looked after by your own Car Credit Specialist. They are experienced in handling poor credit car finance and will hold your hand throughout the process, ensuring your experience is hassle-free. They can also provide advice and guidance on how to improve your poor credit profile.
You can also get a FREE credit report from Experian.
Our team are known for their approachability and professionalism – they have helped lots of poor credit customers secure car finance to buy the car of their dreams. You can read some of our customer feedback below.
A quick and hassle-free process
Get approved
Complete our online car finance application form for an instant answer on car finance. It's an initial soft search to apply.
Find a car
You can find a car first or apply for car finance and then look for a car – we don’t mind! Choose from any reputable car dealer.
Sign & Collect
Sign your paperwork online, from the comfort of your home. We’ll transfer funds next working day, ready for you to collect your car!
A quick and hassle-free process
Get approved
Complete our online car finance application form for an instant answer on car finance. It's an initial soft search to apply.
Find a car
You can find a car first or apply for car finance and then look for a car – we don’t mind! Choose from any reputable car dealer.
Sign & Collect
Sign your paperwork online, from the comfort of your home. We’ll transfer funds next working day, ready for you to collect your car!
Approachable car credit specialists
When you apply for car finance with My Car Credit, you will be looked after by your own Car Credit Specialist. They are experienced in handling poor credit car finance and will hold your hand throughout the process, ensuring your experience is hassle-free. They can also provide advice and guidance on how to improve your poor credit profile.
You can also get a FREE credit report from Experian.
Our team are known for their approachability and professionalism – they have helped lots of poor credit customers secure car finance to buy the car of their dreams. You can read some of our customer feedback below.
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!