Help & Advice

Can I Get Car Finance With An IVA?

Anyone in a bad credit situation might be worried that they can’t get car finance, and if you have an IVA you might be wondering what this means for you when it comes to getting the funds in place when you need a new car. An individual voluntary arrangement (IVA) is a formal, legally binding […]

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A Guide to Bad Credit and Your Credit Score

You may be reading this because you’ve been refused car finance, or you might be worried about your credit score before even trying. Whatever step you’re at with your plans for car finance we can help, and we hope this guide answers some of your questions around Bad Credit and Credit Scores. We’re here to […]

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How Easy Is It To Get Finance?

Buying a car isn’t easy – and there are many options when it comes to getting finance. Given it’s such a big expense – probably the second largest thing that most people buy after their house – getting finance sorted can sometimes be hard. Often people come to a nasty sharp stop to their car […]

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What To Do When You’ve Been Declined Car Finance

Being refused for any kind of finance certainly isn’t a good feeling. But if you’ve recently applied for car finance online and been refused, we might well be able to help. There are many reasons car finance is refused, one of the most common reasons being a bad credit score. We felt it necessary some […]

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What to do if you’re refused car finance

Being refused car finance isn’t nice. Whether you need a new car out of necessity to replace your old banger, or simply want to upgrade to a newer, faster model to enjoy, being told that you don’t qualify for finance for some reason or another can really ruin your day (to say the least). The […]

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How your credit score affects your car finance application

When you apply for any type of finance, being credit searched is an unavoidable part of the process. Your credit score demonstrates to lenders how you have dealt with borrowing money in the past. This gives them the best indication of how you will manage any future debt, including car finance. If you’re unsure of […]

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Which is the cheapest car to run?

If you have a history of bad credit, then it’s likely you will be focussed on paying off any existing debt. This means that the car you own should be affordable alongside your other financial commitments. This includes the cost of owning the car itself, as well as running costs. Even if your car finance […]

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Avoid making multiple credit applications at once!

Many people might assume that if they keep applying for credit they will eventually find a lender who will accept them. However, when searching for finance this is one of the biggest mistakes you can make. What happens when you make an application? Every time you make a credit application it leaves a mark on […]

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Taking out car finance when you’re already in debt

If you’re already in debt then taking out more credit might concern you. Your initial thoughts might be how a car finance agreement will affect your situation on top of what you already owe. You might also be anxious that further borrowing could harm your credit rating even more. Your credit rating Simply taking out […]

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Will my bad credit score affect my partner?

If either you or your partner has struggled with debt then you might worry how this might implicate you both. If your partner’s the one with bad credit then you won’t want this to affect your finance applications. On the other hand, if you’re the one with bad credit then you won’t want your financial […]

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New car vs used car with bad credit

If you have a poor credit history you may need to do whatever you can to make ends meet. But owning a car can be an essential part of everyday life and something a lot of us can’t live without. New cars are notoriously more reliable, safer and better equipped than used cars, but this […]

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Choosing the right car with bad credit

Owning a car can often be a necessity, many of us need them to travel to work and for our day-to-day lives. However not so many of us can afford to buy a new car outright, and if you have a poor credit score, getting any kind of finance can be a challenge. You will […]

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No credit vs bad credit history

Although having no credit history can be good in the sense that you have no existing debt, you will inevitably struggle to get any loan if you need one. The good news is that dealing with no credit history is much easier than fixing a bad credit file. Building your credit report will give you […]

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Car cost savings guide

UK motorists spend an average of £3,500 a year on car running costs. (Source: survey by webuyanycar.com, November 2013). This includes fuel, tax, MOTs, servicing and car insurance, as well as maintenance costs such as parts and repairs. Considering this, your car is likely to be one of your most expensive assets. However, there are […]

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Confused about credit?

What is a credit score? A credit score is a numerical value made up from your credit history. Your score shows lenders how trustworthy you have proven to be in the past at repaying debts and indicates which loans and interest rates you may be eligible for. Each time you apply for a loan, credit […]

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Bad credit myth busting

What is a bad credit score? Some people might think they have bad credit when in actual fact their score might be fair or even good. On the other hand, many people might assume their credit score is fine when they have actually fallen into bad credit. Below is the general consensus of what is […]

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How to improve your credit score

Why you should improve your credit score Your credit rating is important as it indicates to lenders how much money you can borrow as well as the amount of interest they should charge you. Banks and lenders want to know that they can trust you before offering you finance options. In many circumstances, a bad […]

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