Car Loans Adverse Credit
Car Loans Adverse Credit
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.
| Personal Loan | 8.10% | |
| Barclayloan Plus | 8.80% | |
| exclusively for existing Barclays customers |
| Blackhorse Personal Loan | 10.90% | |
| Homeowners Only - Borrow from £1,000 - £15,000 |
| Zopa Social Lending | 9.1% Typical | |
| peer to peer lending- rates from 7.25% to 17.52% APR, £1K - £15K available - Good Credit Rating required |
| £1,000 | £15,000 | 10.90% | |
Disclaimer: Every effort is made to keep the site accurate, however we cannot guarantee that a Adverse Credit Car Loans issuer has not increased or decreased one or more of the APRs or fees/charges associated with a loan deal or changed its features, obligations or benefits. Please be sure to read the Adverse Credit Car Loans agreement fully and carefully before making any agreement.