Car Loans Adverse Credit

Latest Adverse Loan Deals For Cars

ProviderLoan AmountCredit HistoryRates FromTerm 
£1,000 - £25,000 14.9%

APR
Representative

All Credit Histories ConsideredGet Quotes >

Representative example: The Representative APR is 14.9% (fixed).The Representative APR is If you borrow £10,000 over 5 years at a representative 14.9% APR and an annual interest rate of 14.9% (fixed) you would pay £237.37 per month. Total charge for credit will be £4,242. Total amount repayable is £14,242.

£1,000 to £20,000All Credit Histories Considered42.5%

APR
Representative

1 to 6 YearsGet Quotes >
  • Rebuild Your Credit
  • Fast,online application - optimised for all desktop / mobile / tablet devices
  • Instant Online Decision using 'soft' credit searches (Won't affect your credit score)
  • Funds as soon as same day
  • No early repayment fees
  • Must be aged 18
  • Must be UK resident
  • Administration fee applies, not payable upfront but instead included in monthly repayments
  • Applicants must have a net monthly income of at least £1,000, be in full time or part time employment, and have no CCJ's

Representative Example:  The Representative APR is 42.5% (fixed). If you borrow £3,000 over 3 years at a rate of 31.9% p.a (fixed) plus an arrangement fee of £137.31, you will repay £157.89 per month & £4,943.25 in total.

£1,000 - £15,000Fair & Bad Credit93.6%

APR
Representative

(£1,000 - £5,000)

2 to 5 YearsGet Quotes >
  • Fixed Interest Loan Rate
  • No set up charges
  • Instant Online Decision
  • Must be aged 18 to 65
  • Early redemption charges
  • Must be UK resident

Representative Example:  The Representative APR is 93.6%. Based on a loan amount of £3,000 over 24 months at an interest rate of 67.9% p.a. (fixed). Monthly repayment of £231.78. Total amount repayable £5,562.75.

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.