Car Loans Adverse Credit

Latest Adverse Loan Deals For Cars

ProviderLoan AmountCredit HistoryRates FromTerm 
£1,000 to £5,000Fair & Poor Credit59.9%

APR
Representative

1 to 3 YearsGet Quotes >
  • Know if you'll be accepted before you apply
  • Applying won't affect your credit score
  • No fees charged
  • Borrow more later, if you're eligible
  • Must be aged 18
  • Must be UK resident

Representative Example: The Representative APR is 59.9% (fixed). If you borrow £2,000 over 2 years at a rate of 59.9 p.a (fixed), you will repay £131.05 per month & £3,145.20 in total.

£1,000 to £20,000All Credit Histories Considered99.90%

APR
Representative

1 to 2 YearsGet Quotes >
  • Interest Rates from 35.9% - 99.9%, depending on the information you provide in your application
  • Fixed monthly repayments
  • Instant Online Decision
  • Must be aged 18
  • Must be UK resident

Representative Example: The Representative APR is 99.9% (fixed) - Based on an assumed loan amount of £1,500 over 24 months at an interest rate of 71.3% p.a. (fixed) you would pay £118.88 a month and £2,853.12 in total.

Getting car credit is more difficult if you have adverse credit, but certainly not impossible. There are plenty of lenders on the market that will offer deals on car loans for adverse credit.

If you do have a less than perfect credit history, you should remember that although lenders will offer you car loans, adverse credit will effect the deal you can get, they will be more protective due to the fact that you are a higher risk to them than someone with a good credit history. The way they will protect themselves will be by:

  • Charging a higher interest rate
  • Being stricter on repayments
  • Charging high fees if the agreement is not kept to

If you have adverse credit, but own your own home, this could benefit you as the lender will be able to use your property as security so may be able to offer you a lower rate.

To compare car loans adverse credit, use our free bad credit car loans comparison tool, which looks at APR, monthly repayments, total repayments and charges to find you the best deal for your personal financial circumstances.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.