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!

Guaranteed Car Finance

- Find out more about guaranteed car finance -

It isn’t possible for any company to advertise guaranteed car finance. This is because it would be unethical and irresponsible to secure car finance for every customer that applies. To offer guaranteed car finance goes against the Financial Conduct Authority’s guidelines on responsible lending and any legitimate companies would not advertise it. Read below for more information on the guaranteed car finance myth.

We currently have a 98.4% approval rate which means we help a lot of people find the best car finance we can possibly find.

We consider all circumstances - waste no more time and apply today!


✓ Quick online application

✓ No card details are required

✓ Receive an instant pre-approval 

We can help even if you have poor credit, CCJ's, defaults, arrears or no credit history.


Is guaranteed car finance a myth?

It is fairly common online to see companies advertising that they can secure guaranteed car finance. The reality is that no company can guarantee car finance for any individual. There may be several companies who have a very high approval rate but no company can guarantee car finance. Regulators don’t approve of using this phrase as they believe it is misleading and is used to tempt customers into applying for finance. The Consumer Credit (Advertisements) Regulations 2010 states that the expression “loan guaranteed” or “pre-approved”, or any similar expression is not permitted, except where there are no conditions on the credit status of the borrower.

There are many finance brokers who specialise in cases where it is usually difficult to obtain finance from high street brokers, lenders or banks. If you have been refused car finance there could be various reasons why.  If you have defaults, County Court Judgements (CCJ’s) or Individual Voluntary Arrangements (IVA’s) you will find it hard to obtain credit from most mainstream brokers or car dealerships. Don’t let your past put you off from applying – many bad credit finance companies will select their lenders carefully who are happy to consider applicants who have these types of records on their credit file.

As well as poor credit history, applicants who have no credit history at all will find it hard to obtain finance. This is simply because lenders don’t know whether you are reliable when repaying any type of credit or loan, so it is more risky for them to lend to you.

Checking whether a finance broker is regulated by the Financial Conduct Authority is always worthwhile as their job is to ensure that companies abide by their regulations. This means that they must check your affordability when applying for finance to ensure responsible lending and must look into your financial well being as well as your ability to repay the debt.

It also ensures that the company you are looking to take out finance with are in line with the Consumer Credit Act which protects your rights.

family, transport, safety, road trip and people concept - happy parents talking to little girl in baby car seat

Whilst we cannot provide guaranteed car finance, at Refused Car Finance we currently have a 98.4% acceptance rate. We want to ensure we have an ethical approach to finance by providing finance that is in line with responsible lending.

Registered with Information Commissioners Office ICO Registration Number: ZA132327

UK Car Finance Limited. Registered in England
Registered number 9397657.
Registered Office Henson House, Whitley Road, Benton, Newcastle Upon Tyne, NE12 9SR

Refused Car Finance and refusedcarfinance.com is a trading style of UK Car Finance Limited and is acting as a licensed credit broker and not 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 – £6999, Deposit – £0, Amount of credit – £6999, Rate of interest – 15% per annum, Amount of interest – £4199.40, Lender Documentation fee – £50.00, Lenders option to purchase fee – £50.00, Total charge for credit – £4299.40, First repayment – £283.30, Followed by 46 Monthly repayments of – £233.30, Final repayment – £283.30, Total amount payable – £11,298.40, Representative APR – 29.2%

*Last month, over 51% of Refused Car Finance customers that had their loan arranged were offered an APR of 29.2% or lower

During the period May to December 2016, UK Car Finance Ltd received 5167 unique applications, of which we were able to offer 5085 applicants a line of credit, subject to the applicant being able to provide acceptable proof of affordability, are free from insolvency and or/a supporting guarantor fitting the lenders eligibility criteria.