How Has COVID-19 Impacted Car Sales?

Cars displayed in a car showroom

Since the initial UK outbreak at the start of 2020, COVID-19 has affected our lives in various ways. People have had to work from home, many have been furloughed or even lost their jobs, and we’ve all had to adapt to a more remote way of living.

Needless to say, this has had some direct and knock-on effects for car sales, as this post will explore.

The direct impact on car sales

The initial impact of COVID-19 on car sales came through the forced closure of dealerships. In the first lockdown, imposed from 24th March 2020 onwards, dealerships were deemed non-essential and forced to close. This brought car sales to a halt, with many dealerships not prepared for non-contact and online sales.

Over time, car sellers have adapted their processes so they can provide plenty of information online and offer click and collect services or deliver cars to customers’ homes. That minimised the impact of following lockdowns, including the national one imposed at the start of 2021.

Knock-on effects of COVID-19

While the ability to buy cars and apply for finance from the comfort of your home has minimised the direct impact of COVID-19 on car sales, there have also been some indirect effects.

People being furloughed or losing work has naturally led to fewer people being able to afford a new car – or at the very least, they’re looking at more affordable cars.

Some borrowers may have been forced to miss payments or make late repayments on their loans, which will have a knock-on effect for their credit score. Fortunately, some providers have offered ‘holidays’ on loan and mortgage repayments, which has minimised the impact on those who have been affected – at least in the short term.

Post-COVID car finance

If you’ve been left with a poor credit score in the wake of COVID-19, My Car Credit is on hand to help. We provide car finance for poor credit score applicants, so you can still spread the cost of a new or used car. To find out more, email enquiries@mycarcredit.co.uk or call us on 01246 458 810.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

My Credit Rating

Excellent

  • 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

Good

  • 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

Fair

  • 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

Poor

  • 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

Bad

  • 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
£X

Typical rate

Loan amount

Total payable

X% APR*

£X

£X

*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 £2,176.24, total amount payable is £9,676.24.

Evolution Funding Limited, trading as 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!

Should I Start Driving Lessons During or After COVID?

young woman taking driving lessons during covid

The COVID-19 pandemic has affected almost every aspect of our lives. Things are no different for those learning to drive, many of whom have put their plans on hold for the time-being or even had lessons and tests cancelled.

The good news is, there is a light at the end of the tunnel. December saw the first doses of the Pfizer vaccine administered, which means we can start to get our lives back on track in 2021.

However, for those who have stopped their driving lessons or are yet to have their first, the question still remains – should you start or restart your lessons during COVID or wait until everything is completely back to normal?

Are you allowed to take driving lessons during COVID?

The first consideration is simply whether you’re allowed to take driving lessons and the eventual test in light of the current COVID tiered system. From 2nd December, the government put around 99% of the population of England into tier 2 or 3 – the highest level of restrictions.

Fortunately, the Driver & Vehicle Standards Agency (DVSA) confirmed they would be resuming all lessons and tests, including theory and practical, from 2nd-3rd December. Of course, things have been changing at a rapid pace over the last year, so it’s always worth checking local regulations to see whether driving lessons and tests are still permitted.

Making driving lessons COVID-safe

If you do choose to start or restart your lessons, it’s worth considering the precautions you can take to minimise the risk of transmission. In Scotland, it’s mandatory for both pupils and instructors to wear a face covering during driving lessons. While that’s not specifically outlined for the rest of the UK, it’s certainly recommended.

According to the DVSA guidelines, all candidates will need to wear a face covering for their test. Refusal to wear one without exceptional circumstances being pre-notified and agreed upon could result in the test being cancelled.

All of the other COVID car sharing advice still applies too. This includes ventilating the car by keeping windows open, avoiding contact with people from other households and washing your hands before and after any lessons. It goes without saying that you should cancel or postpone your lesson if you’re self-isolating after a positive test or experiencing symptoms without yet receiving a negative result.

Start now or wait?

Ultimately, the decision of whether to take driving lessons during COVID is down to you. With the second wave past its peak in most areas and the vaccine slowly being rolled out, it’s much less likely that tests will be cancelled and lessons put on hold again in the coming months. However, for some, the unease of wearing a mask while doing something you’re already quite nervous about, could be enough to put you off.

It’s worth bearing in mind that, even though the vaccine is being administered, measures like face masks and social distancing could remain in place for the foreseeable future. With that in mind, it might be better to bite the bullet and take some lessons rather than holding off for months on end.

Planning ahead

Buying your first car might seem a world away when you’re taking lessons and tests during COVID or otherwise. However, it doesn’t do any harm to plan ahead and get a better idea of what kind of car you’ll be able to buy.

At My Car Credit, we make it much easier to get your first set of wheels, with fast and fair car finance from over 27 trusted lenders. Using our car finance calculator, you can get a clear idea of how much you can borrow and what it would cost, so you’ll be ready to spread the cost of your first car once you’ve passed your test.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

My Credit Rating

Excellent

  • 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

Good

  • 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

Fair

  • 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

Poor

  • 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

Bad

  • 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
£X

Typical rate

Loan amount

Total payable

X% APR*

£X

£X

*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 £2,176.24, total amount payable is £9,676.24.

Evolution Funding Limited, trading as 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!

Can I Buy a Car During Lockdown?

Mother and daughter at home searching for a new car during lockdown

The second lockdown is upon us. Other than a few exceptions like schools and elite sport, the restrictions largely mirror those introduced in March. That includes social distancing when it comes to transport.

Despite key workers still needing to commute to and from work, people are again being asked to avoid public transport wherever possible, with car-sharing also seen as a no-go for people from different households. The most obvious way around this is to get a car of your own. Alternatively, entering the winter months, you might have noticed a few issues with your current car and be looking for a replacement.

In both cases, the solution is to buy a car. But what about the restrictions? In this post, we’ll explore whether you can buy a car during lockdown.

What the government says

Announced by the Government on Saturday 31st October, the second lockdown will force all non-essential retailers to close from November 5th until December 2nd. Unfortunately, this includes car dealerships, meaning customers will no longer be able to buy a car in-person.

That said, the Government hasn’t banned the sale of cars completely. As with many other non-essential retailers, click and collect or delivery options are both still available. That means you can buy a car online and pick it up in person, or have it delivered to your address. It’s essentially a repeat of the “distance selling” regulations that were introduced in May.

How dealers can help

Despite being able to buy a car during lockdown, it’s understandable that many customers will still be concerned about the process. Will the pick-up or delivery of the car be Covid-safe? How can I make sure I’m choosing the right car without visiting the dealership?

Fortunately, having been through the same situation from May, many dealerships already have measures in place to make the process easier. Some offer video tours of the car to mimic the in-person experience. You can also expect better support by phone and webchat, with staff keen to continue sales remotely.

For complete peace of mind, it’s worth checking dealerships’ approach to coronavirus safety, hygiene and social distancing before buying.

What about finance?

The final part of the picture is how you pay for the car. Fortunately, that’s another area where measures have already been implemented.

It’s now possible to complete the whole finance journey online including sending and receiving documents, processing proof of ID and address and even e-signing to seal the deal. This was certainly a popular option in the first lockdown, with a 95% increase in car finance applications online compared to 2019.

At My Car Credit, we will remain open for business as usual, with exactly the same opening hours. The majority of our staff are working from home, using new and improved technical equipment and telephone systems and waiting for your call! Some of our operational teams will continue to work from our Covid-secure offices. This is to ensure we maintain the excellent service levels we’ve become known for.

We are also delighted to say that there will be no changes in our processes, which our lenders have confirmed to be more than robust enough for the current climate. This means you can take out car finance through us with complete peace of mind.

To take the first steps towards your lockdown car purchase, calculate car finance and then use our online application form or get in touch with our team for more information.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

My Credit Rating

Excellent

  • 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

Good

  • 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

Fair

  • 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

Poor

  • 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

Bad

  • 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
£X

Typical rate

Loan amount

Total payable

X% APR*

£X

£X

*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 £2,176.24, total amount payable is £9,676.24.

Evolution Funding Limited, trading as 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!

Advice for Extending Your Car Finance Payment Holiday

man worried about extending his car finance holiday

The COVID-19 pandemic has put financial stress on millions of Brits across the country, with unemployment benefit claims recently jumping to the highest levels in more than 20 years. As a result, the Financial Conduct Authority (FCA) has been rolling out a wave of relief packages, including payment holidays on car finance.

The scheme kicked off in March and was recently extended until October 31, offering Brits the option to defer more than six months’ worth of repayments. Read on for some advice on how the extended payment holiday works and whether you should take one.

Hugely popular scheme

As the name suggests, the car finance payment holiday allows you to take a break on payments for your car finance agreement. “If you’ve a car loan, PCP, leasing or HP deal and are struggling to pay due to coronavirus, you can get a new or extended three month payment holidays on request,” explains Martin Lewis, founder of consumer finance information website MoneySavingExpert. “They can’t repossess cars for non-payment until October 31.”

The latest data from lenders’ trade body UK Finance confirms the scheme has been hugely popular, with more than 1.9 million Brits taking advantage of payment holidays for mortgages alone. While the package is a blessing for Brits struggling to repay loans, experts stress caution should be used when deciding whether to apply for a car finance payment holiday.

A credit file footprint

The COVID-19 pandemic may have reimagined the lending landscape but that doesn’t mean your credit file will remain unaffected. While the Chancellor and FCA have confirmed car finance holidays won’t show up on your credit file, lenders can still find out if you’ve applied for deferrals and use this to negatively assess your application.

This can be done by sourcing information via a third party or looking for inconsistencies in your payment history. The FCA has confirmed this is legal and has even warned consumers about the potentially negative impacts of payment holidays. So, while a little relief in the short term is tempting, a payment holiday could impact your chances of securing loans in the future.

“If you NEED one, take it, but ONLY take it if you need it,” stresses Lewis.

Deferral, not holiday

While the scheme is marketed as a payment holiday this term can be deceiving. Holiday implies a carefree system where borrowers can forget about a payment. In reality, payments are simply deferred and can result in larger debts when the car finance holiday is over.

Factoring in interest

The option to defer payments will be hugely helpful for some. However, for those who can afford to continue paying, the advice is to do so. Excluding payday loan holidays, interest isn’t frozen and will continue to accumulate over the course of the car finance payment holiday.

Usually, repayments lower the total amount owed and gradually bring down the interest. By freezing payments you’re not lowering the total amount and as a result, interest starts to climb, and the loan will cost you more in the long run.

Car finance payment holidays have provided much-needed relief to many Brits during the COVID-19 pandemic but at the same time, they’ve also tempted many borrowers who don’t need assistance. Before applying, the best thing to do is crunch the numbers, talk to your lender and make an educated decision about whether a car finance holiday is the right decision for you. If you’re in trouble, the National Debtline is a fantastic resource.

How we can help

Whether you’re in need of a payment holiday or you’re looking to upgrade your car as things get back up and running, the team at My Car Credit is here to help. Get in touch with our team to discuss your requirements in more depth.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

My Credit Rating

Excellent

  • 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

Good

  • 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

Fair

  • 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

Poor

  • 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

Bad

  • 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
£X

Typical rate

Loan amount

Total payable

X% APR*

£X

£X

*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 £2,176.24, total amount payable is £9,676.24.

Evolution Funding Limited, trading as 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!

COVID Breakdown Advice: 5 Tips for Roadside Social Distancing

woman calling for breakdown advice at roadside

While restrictions may be relaxing, the coronavirus pandemic is still a very real risk in the UK. It’s never been more important to maintain social distancing and practice good hygiene in all scenarios, including breakdowns.

That’s especially true when many of us are driving cars that are a bit out of practice with weeks of staying home. Not to mention the Government’s extension of MOTs due since lockdown began.

Of course, keeping your distance isn’t always as easy as it sounds. Especially in an emergency or a stressful situation such as a breakdown. So, what should you do if you find yourself high and dry

We’ve put together some handy tips on how to get the help you need, without compromising your personal safety or breaching social distancing rules.

1. Always travel with a mask

While it’s not mandatory to wear a mask in public, stashing one in your glovebox is one of the easiest ways to ramp up protection if you find yourself in a breakdown scenario. If you need to be towed it’s possible you’ll have to catch a ride with the driver or take a taxi home.

If this happens a mask can help to prevent the risk of contracting or spreading COVID-19 in a small enclosed space. If you are offered a ride, try to sit in the back seat if possible and roll down the windows. It may seem strange, but these are unprecedented times and safety should always be a top priority.

2. Use hand sanitiser

Need to sign documents from the RAC or call a tow truck from the petrol station? A quick squirt of hand sanitiser before and after you touch anything another person has come into contact with can make a huge difference when it comes keeping COVID-19 at bay.

3. Deep clean when you get home

Whether it’s a flat tyre that can be fixed in a matter of minutes or a blown gasket that calls for several days at the garage, giving your car a deep clean when it arrives back in your driveway is a must.

If possible, avoid driving or cleaning the car immediately as research suggests COVID-19 can live on surfaces such as stainless steel for up to seven days. When it is time to clean, be sure to use PPE such as a face mask, gloves and an apron to avoid picking up any surviving remnants.

4. Keep your distance

It’s likely you’ll need to chat to the mechanic or tow truck driver, but this doesn’t mean you have to get too close for comfort. As always, try to keep at least 2 metres apart and avoid shaking hands, using the same pen or standing too close while the expert is taking a look at your ride. Interactions should be as quick as possible. If you have non-urgent questions, consider firing them through later in an email or text.

5. Upgrade your car

Okay, maybe not a social distancing tip per-se. But upgrading your car is a great way to avoid the stress – and close proximity – of a breakdown. Best of all, it doesn’t have to cost the world up front. My Car Credit helps everyday drivers secure finance for new cars that are safe and reliable.

Calculate car finance and start your application today without any hassle or delays.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

My Credit Rating

Excellent

  • 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

Good

  • 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

Fair

  • 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

Poor

  • 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

Bad

  • 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
£X

Typical rate

Loan amount

Total payable

X% APR*

£X

£X

*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 £2,176.24, total amount payable is £9,676.24.

Evolution Funding Limited, trading as 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!

Driving After Lockdown: Staying Safe After COVID-19

steering wheel of someone driving after lockdown

There’s no denying that COVID-19 disrupted almost every aspect of modern life, from how we work to how we shop. Lockdown had millions of Britons working from home, while many others were furloughed. The restriction on work and social lives meant that there was a significant reduction of vehicles on the road.

Since June, the government has pared back lockdown and is gradually reducing restrictions. Many of us are heading back to work and we can begin to visit family and friends again, while maintaining social distancing, of course.

With the surge of motorists back on the road, it’s incredibly important to be more diligent while driving. If you are getting behind the wheel for the first time in several weeks, take a look at our top tips on how to drive safely.

1. Prepare your vehicle

Your car may have been sitting for weeks on end. Before you head out on the roads, ensure that it is roadworthy. After a long period of inactivity, it’s possible your car’s battery will be flat. Inspect the tyres, ensuring the correct air pressure and that there are no cracks in the sidewalls.

Check the engine oil, lights and top up the fluids before setting off. When you need to top your car up with fuel, ensure that you are wearing gloves when handling the pump and paying.

2. Clean and disinfect

Whether you’re heading back to work, popping out to the shops or dropping off goods to vulnerable family members, your car needs to be kept clean and disinfected. Since the coronavirus can live on surfaces for up to 72 hours, it’s wise to ensure your vehicle is not a carrier of these harmful germs.

Wear appropriate personal protective equipment (PPE) to minimise the chance of coming into contact with the coronavirus. Wear gloves, a mask and an apron that are either washable or disposable.

Start by cleaning your vehicle by removing dirt, dust and debris from the interior. Next, use a disinfectant to spray over the dashboard, steering wheel, gearbox, handles, buttons, seat belts and visors. Wipe down with a clean microfibre cloth that is immediately put into the washing machine. Don’t forget to clean the interior and exterior door handles as well as the boot handle.

3. Plan ahead

Before setting off, plan a route to get to your destination. Be aware that certain road conditions may have changed in the last few weeks and there could be temporary closures and delays.

4. Slow down

There may be fewer cars than normal on the roads, which make it tempting to speed to shorten your journey. However, speeding is never the answer. Stick to the speed limits or below, especially as you get used to being behind the wheel if you haven’t driven in a while.

5. Carry hand sanitiser

Washing our hands is just as important as it was before to slow the spread of the coronavirus. However, not everyone has access to soap and water when they are out and about. Instead, many resort to the next best option – hand sanitiser.

Keep a bottle of hand sanitiser in your vehicle that is at least 60 percent alcohol to use before leaving the vehicle and upon returning. Keep the bottle out of direct sunlight as the heat could reduce its effectiveness and turn it into a potential fire hazard.

A new vehicle for your new needs

If you find yourself using your car more often or less frequently after lockdown, or if it’s just looking worse for wear, it may be time to upgrade your vehicle.

At My Car Credit, we can help you secure the right car finance that suits your needs and budget. We are operating business as usual and are ready to help you today. Calculate car finance and then apply to get started.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

My Credit Rating

Excellent

  • 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

Good

  • 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

Fair

  • 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

Poor

  • 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

Bad

  • 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
£X

Typical rate

Loan amount

Total payable

X% APR*

£X

£X

*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 £2,176.24, total amount payable is £9,676.24.

Evolution Funding Limited, trading as 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!

10 of the Best Locations for UK Staycations in 2020

boy jumping river whilst on a staycation in uk

While some countries begin to open their borders, most remain shut or subject to restrictions that promise to make travelling a far less relaxing affair. Unfortunately, holiday-goers can expect much more than lengthy check-in queues, mandatory face masks and temperature scans. Travel experts also anticipate an increase in ticket prices while airlines get back on their feet.

However, it's not all doom and gloom. Perhaps, in a socially distanced post-COVID-19 world, we simply need to reimagine the holiday experience by skipping trips and opting for UK staycations instead. As well as saving on stress, exploring the beauty on your doorstep is a great way to support local businesses that have been devastated by the lockdown.

To help you choose the right destination, we’ve compiled a list of the best staycations across the UK.

North West of England

1. Cumbria

man standing on skafell pike in the lake district
Photo credit: www.instagram.com/thevisualiza

Predominantly rural and framed by rugged mountains, awe-inspiring lakes and undisturbed coastlines, Cumbria is the perfect location to escape the hustle and bustle of everyday life.

Nature lovers will be in their element as the county possesses some of the UK’s most breath-taking areas of natural beauty, including the Lake District (a UNESCO World Heritage Site), Eden Valley and part of the North Pennines.

The Lake District, in particular, provides a plethora of activities for adventure aficionados. The glacial pools and fell peaks are perfect for abseiling, mountain biking, bush-craft, archery and more.

2. Blackpool

blackpool pier for a uk staycation

Gaudy, glitzy and great fun, Blackpool epitomises the traditional UK staycation and, with an excess of award-winning attractions, there’s something to entertain the whole family.

Thrill-seekers can enjoy the Blackpool Tower Dungeons or iconic Pleasure Beach, which stays true to its roots with vintage wooden roller coasters, winding promenades and glamorous shows featuring plenty of feather boas. For something less adrenaline-spiking, there’s SEALIFE, Blackpool Zoo or the world-famous Blackpool Tower.

East of England

3. Norfolk

white boat on horsey mere great norfolk staycation

With an abundance of beautiful countryside, market towns and seaside resorts, Norfolk is the best choice for longer staycations.

Take your time as you explore 90 miles of flawless coastline and internationally famous nature reserves including Broads National Park, often described as “England’s watery jewel”. Thanks to the Broads’ open network of waterways, rivers and lakes, you can navigate the landscape by boat while enjoying the company of cranes, Kingfishers and otters.

After drinking in the region’s scenic delights, head to Great Yarmouth or Cromer for some of the country’s most delicious fish and chips.

4. Cambridgeshire

punting on river cam in cambridge for uk staycation

Cambridgeshire combines wetlands, cathedral towns and medieval markets with some of the best restaurant, shopping and cultural experiences in the UK. When visiting, most people choose accommodation in Cambridge itself, which is an excellent base for exploring the city as well as the surrounding areas.

The choice of activities on offer is indulgent – art galleries, perhaps one of the best theatre scenes in the country, live music every night and several Michelin star restaurants. Plus, there’s an established festival scene which includes the Cambridge Folk Festival and Strawberry Fair.

Oh, and there’s punting – lots and lots of punting.

South West of England

5. Cornwall

Godrevy Beach in cornwall for uk staycation

Cornwall is proof you don’t need to travel to far-flung locations to experience something otherworldly. In fact, the county’s beaches are unrivalled for their beauty, standing their own against France’s Île de Porquerolles and Italy’s Cala Tonnarella.

Perranporth and Godrevy on the north coast are surfing havens while the south coast offers more favourable conditions for sailing. Romantics might prefer the secluded beaches of Harlyn and Kynance while the bustling seaside town of St Ives has plenty of restaurants, bars and galleries to peruse.

6. Devon

brixham quayside in devon staycation

The miles upon miles of coastal walks and sweeping rural landscape makes Devon an especially attractive choice for hikers. One of the most popular activities is traversing The English Riviera, a 22-mile stretch of exceptional South Devon coastline peppered with harbour towns (including Torquay, Paignton and Brixham), rugged bays and quaint villages. For something wilder, there’s the Jurassic Coast (a UNESCO World Heritage Site), overflowing with fossils and alien-like rock structures.

Elsewhere in the UK

In light of COVID-19, it’s best to check with regional visitor centres before travelling to the following areas.

Wales

7. Snowdonia

mountains in snowdonia national park uk staycation

Glacial landforms, steep river gorges and powerful waterfalls grace Snowdonia, a region in northwest Wales that’s concentrated around the Snowdonia National Park.

People flock from all over to enjoy the area’s spectacular beauty, and there’s a smorgasbord of activities on offer including mountain biking, cave exploring, sailing and fishing. For those adverse to heights and water, roam the mighty oak, ash and hazel woodlands by horseback instead.

Thanks to the Snowdon Mountain Railway, this is also a very special place for train watchers. Nearly 12 million people have taken a trip to Snowdon’s summit on the famous locomotives since 1896.

Scotland

8. Edinburgh

edinburgh castle for staycation in uk

Scotland’s capital is one of the most memorable cities in Europe, its charm accentuated by crofts, castles and winding cobbled streets. There are two distinct parts – the Old Town and New Town.

The Old Town is the city’s historic heart, home to Edinburgh Castle. The New Town, equally as impressive, enchants with cocktail bars, restaurants and a fabulous nightlife scene.

Wherever you decide to stay, you’re never far from cultural celebrations. There are galleries, museums, castles, theatre performances and, of course, plenty of whisky pubs. Festivals are another highlight, though the famous Edinburgh Fringe has been postponed until 2021.

Northern Ireland

9. County Antrim

man on staycation standing on cliff overlooking giants causeway

County Antrim possesses the kind of scenery you read about in fairy-tales. The Glens are especially striking, comprising nine long and gently sloping valleys radiating from the Antrim Plateau to the coast.

They each offer a wildly different adventure. One minute, you’re standing under waterfalls and trailing a sheer plunging gorge, the next you’re swept up in a flurry of music, dance and craic.

Then, there’s the Giant’s Causeway (a UNESCO World Heritage Site), flanked by the North Atlantic Ocean and startling cliffs. Steeped in history, this wild and often moody land fascinates tourists with stories of mythical giants and gruesome battles.

East Midlands

10. Derbyshire

man standing over winnats pass on peak district staycation

We couldn’t write an article on the best UK staycations without a mention of My Car Credit’s own location, Derbyshire! We’re lucky to sit right on the borders of the beautiful Peak District, situated at the southern end of the Pennines. Enjoy jaw-dropping views across rolling hills and expansive valleys surrounded by impressive rock formations. The Peaks are a hidden gem that often get overlooked.

As well as enjoying the countryside, the Peak District boasts many quaint villages including Buxton and Matlock Bath, Castleton (with its show caves), and Bakewell, the national park’s only town (don’t forget to pick up a proper Bakewell Tart). There is also Chatsworth House, which is well worth a visit. They often put on events, from country shows to an international horse trials.

Finally, be sure to stop by Chesterfield’s ‘Crooked Spire’, which folklore suggests the Devil is responsible for twisting!

Make travelling easy

With so many incredible destinations to visit across the UK, perhaps it’s time to upgrade your wheels or purchase the car of your dreams? That’s where My Car Credit can help. We offer quick, hassle-free car finance for drivers across the UK.

To find out more, call us on 01246 458 810 or drop us an email at enquiries@mycarcredit.co.uk. One of our specialists will get back to you as soon as possible.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

My Credit Rating

Excellent

  • 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

Good

  • 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

Fair

  • 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

Poor

  • 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

Bad

  • 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
£X

Typical rate

Loan amount

Total payable

X% APR*

£X

£X

*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 £2,176.24, total amount payable is £9,676.24.

Evolution Funding Limited, trading as 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!

Back on the Road: My Car Credit Returns to the Office

staff happy to be back in office after coronavirus lockdown

Throughout the COVID-19 outbreak, My Car Credit has balanced the needs of our customers with the safety of our staff. Remote working has allowed us to continue providing a service to customers, without putting our staff at risk.

However, with lockdown measures now being gradually lifted, we’re delighted to say that we have now been able to welcome some of our car credit advisers back to the office. Rest assured, we’ve done a full risk assessment, with a range of measures in place to keep everyone safe.

Social distancing

One of the most important measures to slow the spread of the virus is social distancing. While the Government has amended the two-metre rule to allow more people to return to work, two metres is still the safest distance to keep between people wherever possible.

We’ve taken all reasonable steps to maintain a two-metre distance throughout our workplace. Where that’s not possible, we’ve made sure there are other measures in place to manage the risk of transmission. Our staff will also be encouraged to make meetings virtual, so there won’t be any unnecessary face-to-face interactions despite being back in the office.

Capacity

To facilitate social distancing, we’ve also considered the amount of people in the office and its different areas. While most of our team will be returning to the office, some will be based remotely – which will help us keep more space between office-based team members.

Additionally, there will be a maximum capacity displayed for each room, depending on its size. We’ve also recommended that meeting rooms are only used if essential.

Hygiene

With the virus potentially being able to survive on surfaces for several days, hygiene is critical when it comes to slowing the spread of COVID-19. My Car Credit has introduced strict and methodical cleaning and hygiene procedures across our workplace.
That includes instructions for regular and thorough hand-washing, as well as cleaning desks and workspaces.

Awareness

Most importantly, we’ve made all staff aware of the changes and new guidelines. Our risk assessment has been sent to all staff returning to the office, and we’ve produced a comprehensive collection of posters which will be displayed throughout the office.

Long copy posters will be used in rooms with high dwell time, allowing staff to read through them. But we also have short copy posters for places with lower dwell time like corridors, so staff can read them at a glance. These are supported with maximum room capacity posters displayed in kitchens and other communal areas.

Finally, we’re promoting a cooperative and collaborative culture. Staff will be encouraged to say if something isn’t okay – if someone isn’t sticking to the guidelines, for instance.

covid-secure poster campaign

Feedback from our staff

“I think the company has done everything they possible could to keep us safe in the environment we work in. It’s so nice to see physical faces instead of seeing them over a computer screen and working in general is far less stressful as we have all the tools we need to get the job done.” Georgia

“I’m ecstatic to be back! It’s nice to get to some form of normality. The company have made me feel safe and secure and have done an excellent job. Hats off to the team who came in to sort the offices out!” Callie

“I think the measures the company have put in place are really great. It keeps me and my work colleagues safe and that’s all we can ask during these times.” Andy

We’re here to help

Above all else, our staff are happy to be back in the office as that means they can help our customers to the best of their ability. If you want to find out more about car finance or get approved, don’t hesitate to calculate car finance and make an application or contact our team on 01246 458 810 or enquiries@mycarcredit.co.uk.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

My Credit Rating

Excellent

  • 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

Good

  • 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

Fair

  • 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

Poor

  • 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

Bad

  • 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
£X

Typical rate

Loan amount

Total payable

X% APR*

£X

£X

*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 £2,176.24, total amount payable is £9,676.24.

Evolution Funding Limited, trading as 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!

Buying a Used Car on Finance to Avoid Public Transport

man on public transport wearing a mask thinking of buying a car on finance

As different parts of the UK begin to emerge from lockdown, those who cannot operate remotely are now being encouraged to return to their workplace. At the same time, social distancing remains a key way to limit the spread of the virus.

This has created a conundrum for those who rely on public transport to get from A to B. The Department for Transport has admitted that physical distancing on buses and trains may be all but impossible. This has fuelled fears that those who use it may be putting themselves and others at risk.

What can be done to ensure you comply with government guidelines as much as possible, without sacrificing your livelihood? Buying a used car on finance could be the perfect compromise.

Public transport comes with potential risk

The chances of contracting coronavirus just by walking past someone who has it are relatively remote. However, the chances rise the longer that you remain in close quarters with other people. On busy buses and trains, keeping an adequate distance of two metres from others is not feasible. This can result in many people being caught between a rock and a hard place when it comes to returning to work.

For that reason, the government has advised using public transport only as a last resort. Official advice recommends walking or cycling for all or part of the journey if possible. In addition, travelling at off-peak hours and using stations and routes which are less frequently populated by others can help. Of course, for those working in a major city on a standard 9 to 5 schedule, following those options could be inconvenient at best and impossible at worst.

That’s especially true if long distances must be covered or if your town or city is not conducive towards easy bicycle riding. Fortunately, there is another way to get around the problem – by acquiring your own vehicle. This has the benefit of bypassing close contact with other individuals altogether.

Car finance to the rescue

Given that the coronavirus pandemic has brought with it an equally concerning economic crisis, making a large purchase might be the last thing on your mind right now. However, the health benefits of owning and driving your own car should be not taken lightly. When managed using appropriate car finance, you may be surprised to discover that buying a car is nowhere near as complicated or onerous as you might have previously imagined.

At My Car Credit, we pride ourselves on treating all applicants equally and fairly. Regardless of your circumstances and financial history, we consider all applications and deliver a decision within minutes. Our application process has also been designed with the end user in mind. This means the entire experience is made as simplistic and stress-free as possible.

We are in the privileged position, as an established credit broker with the largest panel of lenders, to find you the most favourable deals on the market. We can even help you to locate the car of your dreams through our extensive network of dealerships all across the country. To find out more about our services, or to start the ball rolling on your next car purchase today, simply use our car finance calculator and apply online. We’re waiting to hear from you!

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

My Credit Rating

Excellent

  • 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

Good

  • 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

Fair

  • 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

Poor

  • 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

Bad

  • 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
£X

Typical rate

Loan amount

Total payable

X% APR*

£X

£X

*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 £2,176.24, total amount payable is £9,676.24.

Evolution Funding Limited, trading as 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!

COVID Clean – How to Keep Your Car Coronavirus-Free

cleaning car steering wheel to keep it coronavirus free

In order to limit the spread of coronavirus as much as possible, it’s important that we all follow government guidelines and take reasonable precautions to keep ourselves and others safe. This includes ensuring that the car we use is kept coronavirus-free.

Of course, it’s easy to assume that any journeys made within the confines of your own vehicle will be relatively risk-free, since you’re unlikely to come within two metres of other people. However, it should be remembered that cars accumulate dust, dirt and grime over time, all of which act as perfect carriers for the virus.

With that in mind, it’s advisable to perform a thorough clean on your car to ensure that it’s bacteria-free and safe to drive for any essential trips you may need to take. This handy guide will walk you through the steps you should follow to ensure that coronavirus doesn’t infect your vehicle.

Before you begin

If possible, leave the car locked and untouched for three days before beginning the clean-up operation. While the scientific community is still unsure exactly how long the virus can remain active on surfaces, previous studies conducted on the longevity of other viruses from the same genus show they are likely to die out within 72 hours.

It’s also a good idea to acquire the appropriate personal protective equipment (PPE) to minimise the risk of contracting the disease should you come into contact with any surviving remnants of COVID-19. This means wearing a face mask, apron and gloves, all of which should be disposable if possible.

You must also make sure you are equipped with the necessary cleaning supplies to tackle the job. Fortunately, you can perform a deep clean on your clean without the need for any specialist equipment. All that’s required is any household disinfectant (that doesn’t contain bleach) and a clean, preferably new, cloth.

Finally, it’s imperative that you remove everything from your car to give you a clean slate upon which to work. It’s easiest if you divide the items into three piles – items which will return to the car after the clean-up is complete, those which can be stored elsewhere and those which can be thrown away. Minimising the number of things in your car will reduce the available surface area for the virus to land on.

A car cleaning checklist

Before tackling the interior of the car, make sure you give all handles (including the one found on the boot) a good wipe down to get rid of any bacteria. The same goes for the keys to the car themselves. As some of the most commonly touched items associated with your vehicle, they’re high risk as disease carriers. Then you can move inside, where you should concentrate on the following areas:

1. Driver’s seat

The steering wheel is undoubtedly the part of your car which receives the most human contact, so take care to reach the out-of-sight spots where your fingers rest. Do the same for any buttons on or protruding from the wheel itself, such as the horn, control stalks and infotainment controls. Don’t forget the gear stick and handbrake and be sure to wipe down the bonnet release lever, too.

2. Dashboard

The control panel located on your dashboard is an area which is touched frequently, so it should be another top priority for your deep clean. Remember to thoroughly spray and wipe each individual button on the radio or infotainment display, as well as the temperature controls and air vent grips. Finally, give the entire surface of the dashboard reaching to your windscreen a careful wipe down.

3. Seats

Next, move on to each seat in the car, working on them individually and paying particular attention to the seat belts, head rests, adjustment controls and seat pockets. When cleaning the seat belts, be sure to extend its entire length and clean the whole surface, as well as taking extra special care with the clips, buckles and buttons.

4. Doors

The doors themselves are another heavily touched surface inside a car. The handles are the most logical place to begin, but don’t neglect the window adjustment controls, hand rests, grab handles and pockets. Finally, wipe down the windows (including the sunroof, if your car has one) and the rear-view mirror above the dashboard.

5. Other areas of concern

Given that the boot isn’t used for every trip and doesn’t come into your direct eyeline much of the time, it’s easy to forget about it. However, you should take care to remove and disinfect any items which may be resting in there, as well as wiping down the parcel shelf and floor tabs thoroughly. Do the same for your glove box, cleaning it inside and out, as well as the central storage compartment and all cupholders.

After the clean-up is complete

Once you have followed all of the steps outlined above and you’re satisfied that your car is completely free from coronavirus, it’s important to ensure that you are, as well.

That means removing all PPE and, if disposable, double bagging it within two bin liners to minimise the chance it could infect someone else. If possible, leave it in a secure place for 72 hours before depositing it with the rest of your refuse. If they are not disposable, wash the items according to the manufacturer’s directions at the highest temperature setting possible.

Next, move to the bathroom and take care to wash your hands thoroughly for a minimum of 20 seconds. An easy way to ensure you’ve spent long enough doing so is by singing the chorus of your favourite song – a personal preference of ours is “Car Wash” by Rose Royce!

Finally, make a note of the date you performed your car’s deep clean for future reference. It’s a good idea to repeat the exercise on a regular basis, perhaps one a week or once a fortnight. Doing so will give you the best possible chance of keeping both your car and your home completely free of coronavirus.

Still looking worse for wear?

As well as slowing the spread of the virus, cleaning your car is a great way to keep it looking its best. But sometimes, it’s simply impossible to get it looking like it used to. That’s where My Car Credit can help. We offer quick, hassle-free car finance for drivers across the UK. So, whatever your circumstances, you can upgrade your car and spread the cost.

Apply now to see how we can help you.

Rates from 6.9% APR. Representative APR 13.9%

Evolution Funding Ltd T/A My Car Credit

My Credit Rating

Excellent

  • 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

Good

  • 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

Fair

  • 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

Poor

  • 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

Bad

  • 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
£X

Typical rate

Loan amount

Total payable

X% APR*

£X

£X

*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 £2,176.24, total amount payable is £9,676.24.

Evolution Funding Limited, trading as 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!