How to Apply for Car Finance with Bad Credit

The process for applying for car finance when you have bad credit is much the same as if you had good credit. The main difference will be the number of lenders willing to approve your application.

For those with bad credit, Motorly can simplify the process and find you the best deal from our panel of lenders that suits your circumstances.

The first step is to make use of our car finance calculator, as this will give you an idea of your monthly repayments depending on the repayment period you select.

Once you know how much you want to borrow, you can complete a quote and within minutes will find out if you have been pre-approved by one of our lenders. If you have been pre approved you will be assigned an account manager who will walk you through which lenders have approved you and help you compare the best deal. Your account manager will also take care of all the admin along the way. 

You can now begin your car search with the knowledge your finance is in place. You can pick a car from any reputable dealer or speak with your account manager who can assist you in your car search. 

Once you have found a car, all you need to do is provide your account manager with the details and they’ll take care of everything else from the paperwork, chasing the lender and ensuring the dealership receive the funds.