Financing a car with bad credit – how does it work?

It is possible to finance a vehicle with bad credit

We are happy to offer bad credit car loans! We have access to a wide variety of lenders on our panel, which allows us to approve customers whose applications would otherwise have been declined or rejected by other lending institutions. Several lenders offer black box financing, a security measure that is added to a car to provide the lender with more assurance that they will be able to lend money to someone with bad credit.

Buying your first car may be an experience you haven’t had before. Your credit history might not be very familiar to you in that case. Our database of vehicles will be available for you to choose from as soon as we approve your application. You will be helped at every step of the way, and the entire process is entirely online. Thanks to our relationship with one of the largest car finance brokers in the country, we have access to one of the broadest ranges of lenders in the UK, which means we can help you find the most suitable deal for your needs, whatever they may be. At your fingertips are 36 lenders! i3’s car finance team can assist you with finding the right used car to meet your needs. 

Among the situations in which we can assist are:

  • Is it possible to use an IVA when financing a car? It is true that some lenders are open to working with you
  • In order to qualify for a CCJ loan, what are the requirements? We can help you if you have CCJs against you
  • Have you been affected by a bankruptcy on your car finance? Our lenders can provide assistance

What if I don’t have good credit and I want car financing?

Car financing is still possible even if you have bad credit. The I3 Car Finance team understands that bad credit does not necessarily mean that you cannot get financing for your dream car, but it does mean that certain lenders may not approve your application. At I3 Car Finance, we work with a variety of lenders, including black box car finance lenders. 

Have you previously been rejected for car financing? There is a chance that you can get a loan for an i3 car. No matter how bad your credit is, I3 Car Finance can help you get a loan. 

We offer bad credit car loans and car loans for people with bad credit. No matter if you are uncertain whether you will be approved for a car loan with a low credit score or if your bad credit history will prevent you from getting one, get in touch with us today to find out how we can help. We say yes to all your financial needs – we’re here for you! With I3 Finance there are no hassles, you can be on your way within a few clicks and we love to finance your very first car! We offer the best deals on car loans regardless of your credit history. 

Are you able to provide me with information on the car financing options you offer?

Answering your question is short and sweet. There are no lenders or brokers in the UK offering a guaranteed car loan, as far as we are aware. Regulations from the FCA require that all applications be evaluated for affordability before they are approved. 

Even if you have a bad credit history or no credit history, i3 car finance may be able to provide you with car financing. Find car financing for poor credit now.

Bad credit and financing a car  

It is imperative to have a reliable vehicle. Through our company, you can get a variety of types of auto financing options, which can enable you to get the vehicle that best suits your needs, regardless of whether you have good credit or not.

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