No Credit Check*
- Borrow £100 - £15000
- Financial Problems OK
- Non-Homeowner Guarantors accepted
- Multiple Loan Options
- No Fees or Charges§
- Can be paid within 24 hrs
You'll probably already know that most people buy their cars on finance - only the lucky few have the cash to hand. And it's great to know that even if you have had a credit problem in the past that there are car loans available that don't depend so much on the results of a credit check.
We work with a well know car loan broker who has access to these no credit check* loans. In fact they work with numerous lenders and they may have a number of loan options for you to consider.
If you have had a credit problem of some kind in recent years you've probably already found yourself being rejected for loans. That's because lenders have assessed your enquiry, looked at your credit file and probably credit scored you. It's this automated process of credit scoring that ruins your chances.
That's why using an unsecured car loan where you provide a guarantor will help. If you have a guarantor then you'll almost certainly won't be credit scored - the lending decision will be based on the loan's affordability and the quality of your guarantor. So, while you'll still be credit checked to confirm your identity the rest of your credit history won't affect the lending decision.
There a are two general ways to make this work for you:
Cars are expensive things so the range of loan types that are likely to be large enough is relatively small:
* the lenders will check your credit file to verify your identity and to ensure you are not bankrupt or involved in an IVA. This search will be registered on your credit file. However, many guarantor loan lenders will not use the other information in your credit file to credit score you, or if they do credit score you this will not necessarily impact you since you provide a guarantor. Borrowing is always subject to affordability checks.
When it comes to getting you your bad credit loan our online service is second to none. In fact Solution-Loans.co.uk has scored based on 262 ratings & 41 user reviews for its bad credit loans service.
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