Can I get a car finance loan with a poor credit rating?
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Can I get a car finance loan with a poor credit rating?
Great question! Yes, it is possible to get car finance even if your credit history is not the best. Having poor credit doesn’t mean it’s impossible to borrow the money you need to buy your new car. However, some lenders won’t approve your application.
If you have a poor credit rating, and you are looking to buy a car, or if your application for finance has been rejected by other lenders in the past, Motorly can still help. We are experts in helping people just like you get poor credit car loans.
We may be able to help even in the following situations:
- You are presently in an IVA (Individual Voluntary Agreement )
- You currently have a CCJ (County Court Judgement) against you
- You are self-employed or have irregular income
- You have gone through bankruptcy in the past
If you are unsure how your credit history can affect your chances of getting a car finance application accepted, contact us today to see how Motorly can help.
Justin Cotrell
Director
31.01.2022