We can provide finance for people who have had difficulties obtaining credit in the past,
if we can’t approve you, we don’t think anyone can!

Car finance for people on benefits

Posted on 03/05/2016

Recently we had a sponsored post on Facebook offering finance to our customer base. In the advert we made sure to include that we accept customers on benefit only incomes, with CCJ’s/Defaults or who have previous arrears. One person commented something to the effect of ‘if they are on benefit’s then how on earth can they afford a car on finance?’ – this is ignorant on nearly every level in our eyes and we will go on to explain why.

We think that in today’s age when people hear ‘benefit only’ they think the worst. What is important to remember is that some people are incapacitated and unable to work due to disability. For these people a benefit only income is the only option – so does this mean that they do not deserve to have a nice car? Some people obviously think so – however the staff at Refused Car Finance do not.

It is because of our passion to help people obtain finance were nobody else will that we are currently one of the UK’s leading car finance brokers. We work with over 20 lenders and are growing exponentially in the car finance industry.

Looking for Car Finance on Benefits?

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How can I get car finance on benefits?

If you’re wondering if you can get car finance on benefits, then the simple answer is ‘yes’! We can help you obtain car finance by matching you up with our panel of specialist lenders. So whether you are claiming child tax credits or disability allowance, we can get you the best car finance deal.

The process is simple. Just visit the apply page and fill in our short form. From there we will work hard to get you the best car finance deal. Once you have chosen which lender you want to proceed with then you could be driving your car away the same week!

Which forms of benefits does Refused Car Finance accept?

We accept car finance applications from people on the following forms on benefits:

Tick Icon Disability Allowance

Tick Icon Carer’s Allowance

Tick Icon Income Support

Tick Icon Child Tax Credits

Tick Icon Working Tax Credits

Tick Icon Personal Independent Payment (PIP)

9/10 of people get accepted for car finance with us!

Guaranteed Car Finance on Benefits

You are never guaranteed any form of finance, when looking for car finance on benefits that is no different. We do help customers with bad credit car finance – over 98% of our customers infact. This includes customers on benefit only incomes and who had been refused car credit elsewhere. We are able to do this because we offer customers car loans based on affordability and not a credit score alone.

No company can guaranteed car finance. As a responsible finance company we have a moral responsibility to only provide finance for people who can afford the repayments. If you do stumble across a company that states that you have a 100% chance of getting car finance, then avoid them at all costs. Not only would this go against the Financial Conduct Authority’s rules and regulations – it’s downright unethical. It’s important to use a finance company who looks after you and your interests, not sells you finance at any cost.

Car Finance on Benefits

If you would like to find out more, please visit our guaranteed car finance myth page.

Cars on finance on benefits

We have partnered with a range of dealers across the North East of England and the rest of the UK. This means that we are able to provide benefit car finance for a range of different car models.

Browse the cars currently in stock here.

Get Started!

If you meet the following criteria then we can get you car finance on benefits!

blue tick Been a UK resident for three or more years
blue tick Are 18 or older
blue tick Are able to prove you can afford car finance
blue tick Are not bankrupt
blue tick Have a full UK driving licence

Apply Now

Registered with Information Commissioners Office ICO Registration Number: ZA132327

UK Car Finance Limited. Registered in England
Registered number 9397657.
Registered Office Lakeside House, 30 Northumbrian Way, Newcastle Upon Tyne, NE12 6EH

Refused Car Finance is a trading style of UK Car Finance Limited and is acting as a licensed credit broker and a lender, we are authorised and regulated by the Financial Conduct Authority, registration number 714966. All finance is subject to status and income. Applicants must be 18 or over, terms and conditions apply, guarantees and indemnities may be required.

Written quotations on request. Certain exclusions for NI residents.

Note: We cannot be held responsible for specification errors, and price errors, we use Motortrade software which is not always 100% accurate. Copyright 2017 Refused Car Finance.

Refused Car Finance can introduce you to a limited number of finance providers based on your credit rating and we may receive a commission for such introductions.

*Representative Example
Cash price – £8,500.00, Deposit – £0.00, Amount of credit – £8,500.00, Rate of interest – 16.24% per annum, Amount of interest – £6,912.00, Lender Documentation fee – £0.00, Lenders option to purchase fee – £10.00, Total charge for credit – £6922.00, First repayment – £256.70, Followed by 58 Monthly repayments of – £256.70, Final repayment – £266.70, Total amount payable – £15,412.00, Representative APR – 29.9%

*Last month, over 51% of Refused Car Finance customers that had their loan arranged were offered an APR of 29.9% or lower

In the first 3 months of this year, UK Car Finance Ltd received 2140 unique applications, of which we were able to offer 2136 applicants a line of credit, subject to the applicant being able to provide acceptable proof of affordability, being free from insolvency and or/a supporting guarantor fitting the lenders eligibility criteria, this represented 99.8% of applicants in this period.

Rated No.1 for car finance in the North East of England collated from Google Business Reviews

Refused Car Finance Reviews

4.90 Average

89 Reviews

sorted me out with a great car finance deal despite my poor credit history, I recommend them

Jacob was friendly, Enthusiastic and knowledgeable, found me a great deal on my finance considering my low credit rating !!! Many thanks !!!

Excellent communication and the rep Dan kept me informed of all updates and rang me on time he said excellent all round service