Can I get car finance with bad credit? This is something we get asked every single day. First up, don’t panic guys! At CarPow, we work with a considerable size of lenders on our panel and so are able to take a reasoned approach to car finance to find the right fit bad credit car loans lender to your circumstances. We also understand that there are several reasons that you might have ended up with a bad credit profile. Other car finance companies or dealerships might have said that they could help you, we’ll give you our work that we will try every possible way to find a car finance deal for you. We know that sometimes you just simply have not had enough time to build up a minimal credit history and so have not even had chance to prove yourself to lenders. Or that you are self employed and have fewer ways to prove your income if you receive income randomly. The CarPow approach focus’s on you as an individual person and not just a number generated by a credit score. Even if your poor credit history has been caused by finance defaults, bankruptcy, late power bills or redundancy, we remove all judgement from your loan application and look at all possible avenues to find a car finance option that works for your situation.

This is a really common worry — but don’t stress! At CarPow, we understand the importance of protecting your credit profile, especially if it’s already been through a rough patch. That’s why we only use a soft search for a car loan quotation in the early stages of your application. This means we can get a good idea of what finance options might be available to you without leaving a mark on your credit file. Only if you choose to go ahead with a specific lender would a full credit check be carried out by the lender. We’ll always keep you informed and never do anything without your go-ahead.

Not necessarily! While having a deposit can sometimes improve your chances of approval or reduce your repayments, we know that not everyone has a chunk of cash ready to go — especially if times have been tight. The good news is that many of our lenders offer no-deposit car finance options, even for people with poor credit. We’ll look at your situation and match you with the most suitable option. Whether you’ve got savings or not, we’ll try to make it work.

Not long at all — in many cases, we’re talking same-day approvals. Our team is geared up to act quickly because we know when you need a car, you don’t want to wait around. Once we’ve got the key details from you, we get to work matching your profile with lenders who specialise in bad credit car loans. Some customers are fully approved and driving away in just a few days. We’ll keep you updated every step of the way and work as fast as possible to get you back on the road.

When you apply for finance with bad credit through CarPow, you will be assigned your own Vehicle Credit Specialist. All of our experts are fully experienced in assessing bad credit car finance applications and will hold your hand throughout the whole process to ensure you have a stress free experience. Our unique customer portal also gives you access to the current status of your loan including any required tasks and ability to respond at any time of the day directly to your specialist. At CarPow, our team have a reputation for providing a high level of professionalism and desire to help their customers – we have assisted lots of bad credit car loan customers to obtain car finance approval for their dream vehicles. Why not check out our customer reviews?

With our foundations in the UK car market in 2007 and in NZ since 2012, CarPow are the latest incarnation with our whole aim to make the process of buying a car as simple as possible. Our advanced technology is designed to assist you every step of the way and make the whole process as stress free as possible.