Bad credit car finance. Introduction to bad credit car finance

Bad credit car finance. Introduction to bad credit car finance

Compare bad credit car loans without affecting your credit score

Bad credit car finance is a type of loan available to those who have a poor credit history and have been unable to borrow elsewhere. Car finance covers three different types of finance products, these are Hire purchase (HP), Personal contract purchase (PCP) and personal loans.

Being able to space out payments over a period of time is a great way to fund your next car if you want to avoid paying for a car in one lump sum. Just like any type of loan, interest rates will apply so make sure to compare providers to find the right deal for you.

How to get car finance if you have bad credit?

If you have a poor credit rating, or simply no credit at all, it can be difficult to get a car finance agreement approved.