Our service is designed to give you access to a range of potential finance options, including car finance with no deposit and car finance with bad credit history. We value transparency, giving you fair access to car finance options that are suitable for your circumstances. Here's why we stand out:
Here’s why we stand out:
Our panel of trusted lenders consider applications from customers with a bad credit history. This can potentially increase your chances of approval for a loan that matches your specific needs.
Our lenders review applications on more than just your credit score. Factors like your income and loan affordability are also taken into account. Even if you've faced CCJs, IVAs, mortgage arrears, or missed payments, we'll explore options that suit your situation.
Our lenders use a soft credit check at the start, meaning your credit file will not be affected at this stage. A hard credit search will only take place once you are ready to proceed with a specific lender.
Bad credit car finance is an option for people who may have experienced financial difficulties in the past. This includes things like missed payments, defaults of CCJs. These events may lower your credit score, which potential lenders use to assess how much of a risk is involved in offering finance.
In the UK, lenders typically check your credit file using one of the three main credit reference agencies: Experian, Equifax, and TransUnion. Each of these agencies holds financial information on every adult in the UK. The agencies will then assign a score that reflects how reliable you may appear to a lender.
Several different types of car finance may be available to those with poor credit history. Each option has different features, and the right choice depends on your own individual circumstances. Whether you need finance with no deposit or prefer to spread payments with PCP or HP options, our panel of car finance lenders can explain your options.
A credit score is the number given by the credit reference agencies that summarises your financial history and borrowing behaviour. Each agency has its own scoring range, so the number you receive may be different depending on which one is used. Generally, a good credit score means that you have handled money responsibly previously and may make you more appealing to lenders.
Your score can be impacted by several things, including:
How much available credit you are using
Whether you pay your bills on time
The length of your credit history
Whether you are on the electoral roll
Past financial difficulties
If you are unsure about your credit score, you can check through one of the credit reference agencies. Some banks also offer free access to credit reports. These reports can be useful to access as they can help you to see what might be impacting your score and whether there are any errors you could correct.
There is no universal bad credit score, as each agency has different score ranges. A bad or poor credit score will typically fall within a certain range.
Equifax: 0-438
Experian: 0-720
TransUnion: 0-565
If your score falls within the poor credit range, it may be harder to access mainstream car finance options. However, you may still be eligible to apply for bad credit car finance with one of our specialist lenders.
If you are looking for car finance with bad credit history, no deposit, or other options, Autodosh may be able to help. We provide access to a wide network of lenders and financial services that may consider applicants with a less-than-perfect credit profile.
We may be able to help you find a car finance agreement that fits your budget and personal circumstances. There is no obligation to proceed, and you will be able to review any offer before proceeding.
Start your application today and see whether there is a bad credit car finance option available for you.
