Why Choose Refused Car Finance?
We aren’t just another car finance site; we’re a dedicated team of finance experts who treat you like a person, not a credit score. Here is why thousands of UK drivers trust us with their finance:
- Soft Check Only: Applying with us won’t affect your credit rating.
- All Credit Situations Welcome: Bad credit, CCJs, defaults, or self-employed? We look beyond the surface.
- Huge Vehicle Choice: Buy any car from any FCA-approved dealership in the UK.
- No Deposit Options Available: Drive away without putting any money down upfront.
- Tailored Monthly Payments: Fixed repayments designed to fit your lifestyle comfortably.
- Personalised Support: Dedicated finance specialists to guide you through every step of the journey.
How Getting a Car on Finance Works in 3 Easy Steps
We’ve cut out the jargon and simplified the process so you can get behind the wheel faster:
1.Apply Online in 2 Minutes:
Fill out our quick online application. It takes less time than making a cup of tea, and because we only perform a soft check, your credit score stays safe.
2. We Do the Legwork:
Your personal finance expert presents your application to our panel of trusted UK lenders to secure the best interest rate and agreement for your budget.
3. Pick Your Dream Car:
Once approved, the fun begins! Choose your ideal car from any reputable, FCA-approved dealer in the UK, sign the paperwork, and drive home happy.
Which Type of Car Finance Agreement is Right for You?
Understanding how you pay for your vehicle helps you pick the option that fits your long-term goals. Here are the main types of car finance agreements we arrange:
1. Hire Purchase (HP)
- Best for: Drivers who want to own the car outright at the end of the agreement.
- How it works: You make fixed monthly repayments over an agreed period. Once the final payment (plus a small option-to-purchase fee) is made, full ownership transfers to you.
2. Personal Contract Purchase (PCP)
- Best for: Lower monthly payments and flexibility at the end of the loan term.
- How it works: You pay lower monthly instalments covering the car’s depreciation. At the end, you can either pay the final balloon payment to keep the car, trade it in for a new one, or return it to the lender.
3. Personal Loan
- Best for: Buyers with good credit scores seeking immediate ownership.
- How it works: An unsecured loan where you borrow funds directly to buy the car. You own the vehicle from day one and pay back the loan in agreed monthly amounts.
4. Conditional Sale
- Best for: A straightforward path to ownership without end-of-term decisions.
- How it works: Similar to Hire Purchase, but you automatically own the car as soon as the last monthly payment is cleared; no extra admin fees required.
Can You Get Approved with Bad Credit?
Yes, absolutely. If you’ve been refused car finance by traditional banks or dealerships, don’t worry, you’re in safe hands. Many mainstream lenders automatically reject applicants based on rigid automated credit scores.
At Refused Car Finance, we work with specialist bad credit lenders who look at the bigger picture. We focus on your current affordability rather than past mistakes. Meeting your fixed monthly repayments can also help rebuild your credit score over time!
Ready to Get Started?
Take the first step toward your new car today with zero risk to your credit score.
- Fast Approval Decision
- 100% Free, No-Obligation Quote
- Friendly Experts On Hand to Help
⭐️⭐️⭐️⭐️⭐️
“Really easy application from the start and Sean kept me up to date with every stage of the progress. He reassured me of any worries that I had and was always happy to help me with any questions. Sean’s customer service was really a 10/10 and I would highly recommend to anyone who is struggling to get car finance.”
– Andrea from Croydon
Source: Reviews.io
Which Cars Can You Get on Finance?
The beauty of using a car finance broker like us is that you can get the car you want from any FCA approved dealership! If you know what make and model of car you are after, explore our finance options for your chosen car make below:
Most Popular Car Makes:
Full A-Z List:
Mercedes-Benz | MG | MINI | Mitsubishi | Nissan | Peugeot | Porsche | Range Rover | Renault | Seat
Get a Quote With No Credit Impact!
Our application form only takes a few minutes to complete and won’t affect your credit score! We then get straight to work finding you the best car finance deals for your situation.
Car Financing FAQs
How much does car finance cost?
When it comes to getting a car on finance, there’s no one size fits all. The cost of your finance deal can depend on a number of factors including your deposit, interest rate, the value of your chosen car and length of the loan term. Whilst we do have no deposit options available, you can reduce your costs by putting in as a deposit contribution. Your interest rate offered can also affect your monthly repayments. You can find out more about how your interest rate is calculated.
Will getting a car on finance affect credit score?
When you apply with us, we only provide a soft search credit check on your credit file. This allows us to get access to a small amount of information on your credit file, not the whole thing. A soft search credit check doesn’t harm your current credit score and isn’t recorded on your credit file. Your credit score can only be negatively affected by finance if you fail to meet your payment deadlines and continuously make missed or late payments. Many of our customers get a car on finance to help rebuild their credit score. They do this by meeting their payments each month on time (along with any other financial obligations) and their score can start to repair.
Who is eligible for a car loan?
We believe that financing a car should be more accessible for a range of people. That’s why we make it as easy as possible, as long as you can say yes to the below, we could have a finance approval for you.
- I am 18+ years old
- I have lived in the UK for 3+ years
- I am not currently bankrupt
- I can prove my affordability
All good to go? You can apply here for a more personalised finance quote or find out more about car finance eligibility.
Can you get a car on finance with a low credit score?
It can be harder to get approved for finance if you have a low credit score or no credit history, however, we use our expert knowledge and specialist lending panel to help get you approved! We don’t just take your credit history into account but focus more on your affordability and how you will pay back your car on finance. We’ve worked with a wide range of trusted lenders for many years and have built up a great relationship. This helps us to get the best car deals even if you have a bad credit score.