Bad credit van finance

Are you looking for bad credit van finance? Trying to get van finance but worried you have a poor credit history? We’ll help guide you through the process.

Bad credit van finance

Are you looking for bad credit van finance? Trying to get van finance but worried you have a poor credit history? We’ll help guide you through the process.

We are bad credit van finance specialists and work hard to make sure our customers get the right van for them. We only use a soft search at initial application, which means it won’t affect your credit score, helping you secure a bad credit van loan and move forward on a better road ahead.

Apply for bad credit van finance

To apply for van finance with bad credit, we would always suggest using our van finance calculator to start off with. This will give you a clear idea of what your van finance agreement could look like, depending on what repayment term and the amount you are wanting to borrow.

When you know what you’d like to borrow and for how long, then applying for a van loan with us is simple, even if you have poor credit or little credit history.

It only takes 5 minutes to fill out our online form, and if you’d rather apply over the phone then you can just leave your contact details and we’ll call you back at a time that suits you.

We are bad credit van finance specialists and work hard to make sure our customers get the right van for them. We only use a soft search at initial application, which means it won’t affect your credit score, helping you secure a bad credit van loan and move forward on a better road ahead.

Apply for bad credit van finance

To apply for van finance with bad credit, we would always suggest using our van finance calculator to start off with. This will give you a clear idea of what your van finance agreement could look like, depending on what repayment term and the amount you are wanting to borrow.

When you know what you’d like to borrow and for how long, then applying for a van loan with us is simple, even if you have poor credit or little credit history.

It only takes 5 minutes to fill out our online form, and if you’d rather apply over the phone then you can just leave your contact details and we’ll call you back at a time that suits you.

Can you get van finance with bad credit?

We understand the importance of having a van that is reliable and trustworthy, but most importantly a van that will help you get your job done. With our selection of broad finance options, we should be able to help you find the right van, even if you are looking for poor credit van finance.

There is no minimum credit score needed to get van finance with bad credit. This is because lots of different personal factors are taken into account when a lender decides whether to give finance to you. If you have bad credit, even if you have a CCJ or are currently in an IVA, we can still help to provide finance so you can get the ideal van for you. 

Can you get van finance with bad credit?

We understand the importance of having a van that is reliable and trustworthy, but most importantly a van that will help you get your job done. With our selection of broad finance options, we should be able to help you find the right van, even if you are looking for poor credit van finance.

There is no minimum credit score needed to get van finance with bad credit. This is because lots of different personal factors are taken into account when a lender decides whether to give finance to you. If you have bad credit, even if you have a CCJ or are currently in an IVA, we can still help to provide finance so you can get the ideal van for you. 

To get started with van finance, you’ll need:

  • Monthly earnings over £1,000 (after tax)
  • To be aged between 21 and 70
  • A full valid UK driving licence
  • 2 consecutive months of payslips or bank statements

We can provide a van on finance so long as it meets the following criteria:

  • It must be priced between £4,000-£25,000
  • It must not have more than 125,000 miles on the clock
  • It must not be more than 12 years old by the end of the agreement
 
 

To get started with van finance, you’ll need:

  • Monthly earnings over £1,000 (after tax)
  • To be aged between 21 and 70
  • A full valid UK driving licence
  • 2 consecutive months of payslips or bank statements

We can provide a van on finance so long as it meets the following criteria:

  • It must be priced between £4,000-£25,000
  • It must not have more than 125,000 miles on the clock
  • It must not be more than 12 years old by the end of the agreement
 
 

What your van finance could look like

Summary

  • Monthly payment: £000.00
  • Total to repay: £00,000.00
  • Calculated APR: 00.0%

Representative 31.9% APR

What your van finance could look like

  • Monthly payment: £000.00
  • Total to repay: £00,000.00
  • Calculated APR: 00.0%

Representative 31.9% APR

Unfortunately, my previous van had to be repossessed and I went through an IVA, which made getting finance very tricky, but luckily I found Moneybarn. Moneybarn were able to finance me for a Transit Custom, which is a van I’ve wanted for a while. They have a real personal touch to the whole process!

Warren
Moneybarn customer Warren
Moneybarn customer Warren

Unfortunately, my previous van had to be repossessed and I went through an IVA, which made getting finance very tricky, but luckily I found Moneybarn. Moneybarn were able to finance me for a Transit Custom, which is a van I’ve wanted for a while. They have a real personal touch to the whole process!

Warren

Poor credit van finance

Poor credit van finance

We offer a conditional sale agreement for van finance. This means that you will have full use of the van for the length of the agreement and it will be registered in your name. We will remain the legal owner until all repayments are made.

The advantages of a conditional sale agreement for those seeking van finance for bad credit are:

  • You don’t pay a large sum up front or at the end of the agreement like you might with other finance types like with Van Leasing (PCH) or Personal Contract Purchase (PCP)
  • Payments are fixed for the duration of the agreement
  • You don’t need to pay an ‘option to purchase’ fee to own the van at the end of the agreement

It’s important to remember that everyone’s eligibility for bad credit van finance is different, as well as their repayments and their APR. Whether or not you can get no deposit van finance depends on a number of personal factors such as affordability and credit score.

Conditional Sale van diagram

We offer a conditional sale agreement for van finance. This means that you will have full use of the van for the length of the agreement and it will be registered in your name. We will remain the legal owner until all repayments are made.

The advantages of a conditional sale agreement for those seeking van finance for bad credit are:

  • You don’t pay a large sum up front or at the end of the agreement like you might with other finance types like with Van Leasing (PCH) or Personal Contract Purchase (PCP)
  • Payments are fixed for the duration of the agreement
  • You don’t need to pay an ‘option to purchase’ fee to own the van at the end of the agreement

It’s important to remember that everyone’s eligibility for bad credit van finance is different, as well as their repayments and their APR. Whether or not you can get no deposit van finance depends on a number of personal factors such as affordability and credit score.

Conditional Sale van diagram

Can I get guaranteed van finance?

No, guaranteed van finance is a myth. It doesn’t exist – nor does guaranteed van finance for bad credit. A responsible lender will never be able to offer guaranteed van finance without running the appropriate affordability and credit checks.

You might have seen other lenders discuss this topic. Some might even claim to offer guaranteed van finance themselves. A legitimate lender will never try to sell you guaranteed van finance of any form. Your eligibility will be different to other people, because there are lots of different factors involved.

Thankfully, the Consumer Credit (Advertisements) Regulations 2010 protects customers from misleading claims such as ‘guaranteed van finance for bad credit’. If you do see anyone claiming otherwise, you should be careful. Please see our guide that explains why guaranteed finance is a myth.

You may have also seen offers of ‘guaranteed van finance with no credit check’. It’s our duty as a lender to offer customers finance that they can afford. To do this, we use a soft credit check when you apply. This does not impact your credit score. If you’d like to know more about what checks are done when you apply for bad credit van finance, please see our guide on no credit check finance.

Bad credit van finance for self-employed

You might find it more difficult to find van finance if you’re self-employed with bad credit. You may have even been refused finance from mainstream lenders. We’re experts in helping those who have been turned down elsewhere. That includes if you’re looking for bad credit van finance when self-employed.

Your monthly income before tax must be at least £1,300, and we’ll need to see proof of your income such as your past two bank statements, as well as proof of identity. Our helpful team will be able to guide you through the process. If you’re ready, you could get a quote today.

Can I get guaranteed van finance?

No, guaranteed van finance is a myth. It doesn’t exist – nor does guaranteed van finance for bad credit. A responsible lender will never be able to offer guaranteed van finance without running the appropriate affordability and credit checks.

You might have seen other lenders discuss this topic. Some might even claim to offer guaranteed van finance themselves. A legitimate lender will never try to sell you guaranteed van finance of any form. Your eligibility will be different to other people, because there are lots of different factors involved.

Thankfully, the Consumer Credit (Advertisements) Regulations 2010 protects customers from misleading claims such as ‘guaranteed van finance for bad credit’. If you do see anyone claiming otherwise, you should be careful. Please see our guide that explains why guaranteed finance is a myth.

You may have also seen offers of ‘guaranteed van finance with no credit check’. It’s our duty as a lender to offer customers finance that they can afford. To do this, we use a soft credit check when you apply. This does not impact your credit score. If you’d like to know more about what checks are done when you apply for bad credit van finance, please see our guide on no credit check finance.

Bad credit van finance for self-employed

You might find it more difficult to find van finance if you’re self-employed with bad credit. You may have even been refused finance from mainstream lenders. We’re experts in helping those who have been turned down elsewhere. That includes if you’re looking for bad credit van finance when self-employed.

Your monthly income before tax must be at least £1,300, and we’ll need to see proof of your income such as your past two bank statements, as well as proof of identity. Our helpful team will be able to guide you through the process. If you’re ready, you could get a quote today.

What is no credit check van finance?

You might have heard of the idea of getting van finance with no credit check. It’s important to know that responsible lenders will always carry out a credit check on you when you apply. A credit check lets a lender see if you are eligible for van finance, and helps them make sure the van finance is affordable for you.

We will only make a soft credit check at the point of application, which won’t affect your credit score. If you’re still unsure, then we have written a guide explaining the two different types of credit check.

Everyone’s eligibility for van finance is different, especially when you are looking for poor credit van finance. A lender might use a soft credit check to look at a number of factors, including:

  • Your identity
  • Your address and how long you have lived there
  • How much credit you have currently
  • If you have missed any payments

If you’d like to understand more, then check out our guide which explains why no credit check finance doesn’t exist.

Don’t worry if you have bad credit and are looking for van finance. We are one of the leading specialist lenders of vehicle finance and have helped thousands of people across the UK when they’ve been refused for van finance elsewhere. If you’re ready, you can make an application online, and we can guide you into the right van.

What is no deposit van finance?

If you don’t have the money to put down a deposit for a new van, you might be looking for van finance with no deposit. This is where you don’t pay anything up front.

We recognise that it might be hard to save up to put together a deposit for van finance. As bad credit specialists we ensure that our van finance agreements are affordable, sustainable and suitable for you. Getting approved for no deposit van finance depends on a number of factors, such as credit score and affordability.

Putting down a deposit can help get a van when its slightly outside of your affordability, as it helps to reduce monthly payments.

Getting no deposit van finance might make a van more affordable in the beginning. However, it might cost you more in the long run. This is because you will be borrowing a larger amount of money to cover the cost of the van, meaning you pay back more over the duration of the agreement as there will likely be more interest added to your van finance agreement.

One of the things you can do to increase your chances of getting finance is to check your credit file. Below we’ve got some helpful guides which will help you if you’re looking for poor credit van finance, or if you’re hoping to get a no deposit van finance agreement.

What is no credit check van finance?

You might have heard of the idea of getting van finance with no credit check. It’s important to know that responsible lenders will always carry out a credit check on you when you apply. A credit check lets a lender see if you are eligible for van finance, and helps them make sure the van finance is affordable for you.

We will only make a soft credit check at the point of application, which won’t affect your credit score. If you’re still unsure, then we have written a guide explaining the two different types of credit check.

Everyone’s eligibility for van finance is different, especially when you are looking for poor credit van finance. A lender might use a soft credit check to look at a number of factors, including:

  • Your identity
  • Your address and how long you have lived there
  • How much credit you have currently
  • If you have missed any payments

If you’d like to understand more, then check out our guide which explains why no credit check finance doesn’t exist.

Don’t worry if you have bad credit and are looking for van finance. We are one of the leading specialist lenders of vehicle finance and have helped thousands of people across the UK when they’ve been refused for van finance elsewhere. If you’re ready, you can make an application online, and we can guide you into the right van.

What is no deposit van finance?

If you don’t have the money to put down a deposit for a new van, you might be looking for van finance with no deposit. This is where you don’t pay anything up front.

We recognise that it might be hard to save up to put together a deposit for van finance. As bad credit specialists we ensure that our van finance agreements are affordable, sustainable and suitable for you. Getting approved for no deposit van finance depends on a number of factors, such as credit score and affordability.

Putting down a deposit can help get a van when its slightly outside of your affordability, as it helps to reduce monthly payments.

Getting no deposit van finance might make a van more affordable in the beginning. However, it might cost you more in the long run. This is because you will be borrowing a larger amount of money to cover the cost of the van, meaning you pay back more over the duration of the agreement as there will likely be more interest added to your van finance agreement.

One of the things you can do to increase your chances of getting finance is to check your credit file. Below we’ve got some helpful guides which will help you if you’re looking for poor credit van finance, or if you’re hoping to get a no deposit van finance agreement.

Guides for van finance with bad credit

Guides for van finance with bad credit

Buying a van

There’s a lot to consider when buying a new van, luckily we have a useful guide to help you through the process from beginning to end. 

Which van brand is right for me?

With so many different van brands on the market, it can be difficult to know which one is right for you. Take a look at the different van brands and models in our useful guide to help you decide.

What affects your credit score

If you have a poor credit history, you might not know what affects your credit score. Our guide explains all you need to know.

How to improve your credit score

Improving your credit score is one of the many things you can do to improve your chances of getting van finance with bad credit. Find out more in our guide.

Buying a van

There’s a lot to consider when buying a new van, luckily we have a useful guide to help you through the process from beginning to end. 

Which van brand is right for me?

With so many different van brands on the market, it can be difficult to know which one is right for you. Take a look at the different van brands and models in our useful guide to help you decide.

What affects your credit score

If you have a poor credit history, you might not know what affects your credit score. Our guide explains all you need to know.

How to improve your credit score

Improving your credit score is one of the many things you can do to improve your chances of getting van finance with bad credit. Find out more in our guide.

Van finance bad credit FAQs

Van finance bad credit FAQs

Your eligibility for van finance will depend on a number of personal factors. These include your credit score and affordability checks. We help thousands of customers each month with vehicle finance, including those who were turned down by other lenders.

To get started, try out our van finance calculator. This will show you what your bad credit van finance agreement might look like. Or, if you’re ready, you can apply online.

If there’s a specific van you’ve got in mind that you’d like to finance, then make sure it meets our lending criteria. If you’re unsure, our Direct Sales team would be happy to help you – contact us today.

Getting a quote with us will not affect your credit score at first. When you ask us for a quote, only a soft search will be done on your credit file until you decide to proceed with the loan and contracts are drawn up for you to sign. At this point a hard search will be done on your credit file which will affect your credit score.

We specialise in providing van finance to people who have a poor credit history, or have experienced financial difficulties in the past. If you were previously made bankrupt, we may still be able to offer you van finance, but you must have been discharged from your bankruptcy for a minimum of 6 years at the point you apply with us.

If you’d like to make an application it should be quick and easy to do – apply online today.

If you’ve become bankrupt and currently have finance with us, please see our guide which explains what you should do if you’re bankrupt and have finance with Moneybarn.

Van finance and car finance are quite similar. They follow the same sorts of processes. We offer a conditional sale agreement for vehicle finance. Unfortunately, you might find it more difficult to get a van on finance with bad credit. You might have missed a payment in the past, or have an IVA or CCJ.

We’re experts in bad credit van finance and we understand that your poor credit doesn’t change the need for a reliable van. With so many types of van, we’ve written a guide to help you research buying your next van.

No matter what your credit score is, there will be a lender out there that will be able to help you finance a van.

We support those with bad credit to move forward onto a better road ahead. So, if your credit score is less than perfect take a look at what we could lend you by getting a quote today. We will only do a soft search on your credit file when you ask for a quote, so this won’t affect your credit score.

We can offer Luton van finance to people with bad credit. In fact, we can help you finance a Luton van, and many other types of vans. We’ve created a guide that describes the top van brands.

If you’ve got a Luton van in mind, make sure it fits our lending criteria. If it does and you’re ready, you can make an application.

If you’re looking for bad credit van finance with no guarantor, we might be able to help. We’re experts at helping people with a poor credit history get a reliable vehicle. To get started, try out our van finance calculator or, if you’re ready, get a quote.

Please note we don’t offer the option of having a guarantor on your finance. If your credit score is less than perfect you might consider making a joint finance application which we could help you with. We are bad credit vehicle finance specialists and may be able to help if you have a bad credit score.

Your eligibility for van finance will depend on a number of personal factors. These include your credit score and affordability checks. We help thousands of customers each month with vehicle finance, including those who were turned down by other lenders.

To get started, try out our van finance calculator. This will show you what your bad credit van finance agreement might look like. Or, if you’re ready, you can apply online.

If there’s a specific van you’ve got in mind that you’d like to finance, then make sure it meets our lending criteria. If you’re unsure, our Direct Sales team would be happy to help you – contact us today.

Getting a quote with us will not affect your credit score at first. When you ask us for a quote, only a soft search will be done on your credit file until you decide to proceed with the loan and contracts are drawn up for you to sign. At this point a hard search will be done on your credit file which will affect your credit score.

We specialise in providing van finance to people who have a poor credit history, or have experienced financial difficulties in the past. If you were previously made bankrupt, we may still be able to offer you van finance, but you must have been discharged from your bankruptcy for a minimum of 6 years at the point you apply with us.

If you’d like to make an application it should be quick and easy to do – apply online today.

If you’ve become bankrupt and currently have finance with us, please see our guide which explains what you should do if you’re bankrupt and have finance with Moneybarn.

Van finance and car finance are quite similar. They follow the same sorts of processes. We offer a conditional sale agreement for vehicle finance. Unfortunately, you might find it more difficult to get a van on finance with bad credit. You might have missed a payment in the past, or have an IVA or CCJ.

We’re experts in bad credit van finance and we understand that your poor credit doesn’t change the need for a reliable van. With so many types of van, we’ve written a guide to help you research buying your next van.

No matter what your credit score is, there will be a lender out there that will be able to help you finance a van.

We support those with bad credit to move forward onto a better road ahead. So, if your credit score is less than perfect take a look at what we could lend you by getting a quote today. We will only do a soft search on your credit file when you ask for a quote, so this won’t affect your credit score.

We can offer Luton van finance to people with bad credit. In fact, we can help you finance a Luton van, and many other types of vans. We’ve created a guide that describes the top van brands.

If you’ve got a Luton van in mind, make sure it fits our lending criteria. If it does and you’re ready, you can make an application.

If you’re looking for bad credit van finance with no guarantor, we might be able to help. We’re experts at helping people with a poor credit history get a reliable vehicle. To get started, try out our van finance calculator or, if you’re ready, get a quote.

Please note we don’t offer the option of having a guarantor on your finance. If your credit score is less than perfect you might consider making a joint finance application which we could help you with. We are bad credit vehicle finance specialists and may be able to help if you have a bad credit score.

Buying your next van

We want to make sure you purchase a reliable van, that doesn’t break the bank. That’s why we’ve put together this helpful guide to help you buy your next van.

Self-employed van finance

Need a van but can’t get one due to poor credit? We will consider offering you van finance if you’re self-employed and have bad credit. See how we could help you.

Our application process

It’s important that you understand the finance agreement that you could be entering. See how our van finance application process works from start to finish.