Even those with a bad credit history have a number of options to obtaining car loan finance. A number of companies now specialise in this area, and even traditional lenders still offer opportunities to those with a bad credit history. The terms are not always as favourable as they would otherwise be, but they can still provide an important step towards both a car purchase and a clean credit history.
The amount you can borrow will depend on your credit rating which takes into account factors such as whether you are a homeowner, current borrowings, whether you are on the electoral role as well as previous credit history issues. Some lenders may require security which may be your home or the car that you purchase. For more information for bad credit history car loans click on the links below.