Car finance calculator

Good credit
Bad credit
Amount to borrow:
To repay over:
5 Years
Car finance rate XX% APR
Cost of credit £ XXX
Total repayment £ XX,XX.XX
48 monthly payments of
£ 245 /mo

Representative example - Borrowing £5,500 over 4 years with a representative APR of 19.8%, and a deposit of £0, the amount payable would be £162 per month, with a total cost of credit of £2,282 and a total amount payable of £7,782.

Compare car finance from 20+ trusted providers without affecting your credit score

Car finance no credit search

At Carplus we understand it can be tricky applying for a loan if you are worried it may potentially leave a bad mark on your credit file. That’s why our car finance eligibility checker uses a ‘soft search’, which allows you to quickly find out if you can borrow money without affecting your credit rating. This type of search will look at things like your employment status, income and expenditure and current credit commitments.

You can get a loan without credit

Bad credit is likely to mean that you have struggled to manage your debts in the past and may have been late in making the relevant repayments when they were due. No credit probably means that you have had County Court Judgments (CCJs) against you, perhaps entered an Individual Voluntary Arrangement (IVA) with your creditors, or even been declared bankrupt.

This is enough to make many a lender cautious in the extreme about arranging further car finance — with the result that you may have had applications turned down.

This is why we’re different

However bad your credit record may be we will do our best to secure the loan, hire purchase agreement, Personal Contract Purchase (PCP) or guarantor loan our customer’s need.

Thanks to our carefully selected panel of lenders, we have some who make it their specialty to arrange car finance for individuals with bad credit — even really bad credit.

Our streamlined online car finance application facility means that you simply decide how much you want to borrow, how much you are able to afford to repay each month and over what period of time — and we aim to return a personalised quote to you within the working day.

Credit checks

Of course, a credit check needs to be made on your ability to repay any loan or line of credit — that is one of the rules of the Financial Conduct Authority (FCA) which regulates all such business.

But the last thing you want, if you already have really bad credit, is another rejection of an application for a loan — since the rejection itself adversely affects your credit status.

That is why we carefully pre-check the likelihood of your application being formally accepted by one of our lenders by performing what is described as a “soft” check — a snapshot in time of your current income, outgoings and existing credit — which has no impact on the information held about you by the major credit reference agencies.

Hard credit search vs soft search

Before proceeding with a ‘hard search’ it is helpful to be aware of your current credit score. You can request your statutory credit file for free with any of the three major credit reference agencies, Experian, TransUnion and Equifax. The statutory report will give you basic information about your credit history, although extras such as credit monitoring or fraud alerts are not included.

Each credit agency uses a different system, so do not be alarmed if the actual figure varies from one to the other. What matters is how your score is classed on the agency’s scale, which can range anywhere between ‘Very Poor’ to ‘Excellent’. If your credit score is not what you were expecting it to be, check through the information for any irregularities. You can contact the relevant company where necessary to put a ‘notice of correction’ on your credit report, should it be required.


Once you have accepted our no-obligation quotation and your formal application to the lender has been approved, it is simply a question of choosing the new or used vehicle you want to buy from any reputable dealer in the UK.

We even make checks on the vehicle on your behalf — to confirm that there is no outstanding finance on it, for example — do all the paperwork and pay the money directly to the dealer, so that the only role you are left to play is to drive your new car away.

Bad credit car finance

Find the best deals on bad credit car finance without affecting your credit score. Buy from any dealer.

CCJ car finance

If you have a CCJ, but we will work with you to find a monthly repayment plan that works for you.

No credit check

We compare car loan quotes from UK’s top lenders with no impact on your credit score.

Car finance on benefits

Compare car loan deals for customers on benefits and use our free car finance eligibility checker.

Refused car finance

You may be refused car finance if your credit score is in bad shape. Learn about how we can help you.

Debt management plan

Get approved for car finance while being on a debt management plan. No impact to your credit.

Questions? Speak to a real person

Comparing car finance and car warranties is what we do, so you will get through to someone who can help. Call us from Monday to Friday (8am - 8pm) and Saturday to Sunday (9am - 6pm).