Poor Credit Car Loans

Compare Poor Credit Car Loans

Poor Credit Car Loans - Featured Car Loan
ProviderLoan AmountCredit HistoryRates FromTerm 
£1,000 to £20,000All Credit Histories Considered49.7%

APR
Representative

1 to 4 YearsGet Quotes >
  • Rebuild Your Credit
  • Interest rates start from 9.3% APR
  • Instant Online Decision using 'soft' credit searches (Won't affect your credit score)
  • Funds as soon as same day
  • No arrangement fees or early repayment charges
  • Must be aged 18
  • Must be UK resident

Representative Example: The Representative APR is 49.7% (fixed). If you borrow £3,000 over 3 years at a rate of 41.0% per annum (fixed) you will repay £146.09 per month & £5,259.11 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.

Poor Credit Car Loans
LenderMin - Max LoanCredit HistoryRepresentative APRTermApply
£1,000 - £20,000Poor Credit48.50%1 to 5 YearsGet Quotes >
  • Interest Rates from 19% - 99% 
  • Rebuild Your Credit
  • Instant Online Decision
  • Must be aged 18
  • Must be UK resident

Representative Example: The Representative APR is 48.50% - Based on an assumed loan amount of £3,000 over 12 months at an interest rate of 48.50% p.a. (fixed) you would pay £670.83 a month and £3,670.83 in total.

£1,000 - £10,000Bad Credit Considered79.40%1 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 have monthly income of over £700
  • Must be UK resident

Representative Example: APR is 79.4% (variable) so if you borrow £3,000 over 2 years at a rate of 59.9% p.a. (variable) you will repay £217.24 per month & total amount payable £5,213.68.

£1,000 - £3,000 (Tenant Guarantor Loan)Good to Poor69.9%1 to 3 YearsGet Quotes >
  • Same day decision
  • No set up fees or charges
  • Any bad credit considered
  • Need a Tenant to act as guarantor
  • Must be aged between 18 and 65

£2,000 over 3 years, representative 69.9% APR fixed. Monthly payment £113.47. Annual interest rate 45.84% fixed. Interest payable £1,884.92. Broker fee payable £200.00. Total repayable £4,084.92.


UK Credit is a specialist no fee guarantor loan provider. All bad credit considered. Please only apply if you have a TENANT AS YOUR GUARANTOR. This type of loan is good for consolidating more expensive credit.

£1,000 - £5,000Poor Credit99.9%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% - 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.

If you have a less than perfect credit history, you may be thinking that getting car credit is going to be virtually impossible, but think again, because these days, a past poor credit history is no longer a problem; even if you have had CCJs or other financial problems, poor credit car loans are now widely available. Lenders will look at your credit report to determine:

  • How much they are prepared to lend you
  • Over what time period
  • At what interest rate

So if you have bad credit, you are likely to have to pay a higher rate of interest and may have other restrictions including penalties for early repayments – this is because the lender is taking a higher risk than with someone with a good credit history – but it does not mean you will be refused credit.

If you have poor credit but own your own home, this will work in your favour because the lender can use the home as security. Our poor credit car loans comparison tool allows you to look at all the leading deals on the market so you can find the right one for you.

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.