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.

What is bad credit van finance?

Bad credit van finance is when you borrow money to buy a new van and make monthly repayments over an agreed period of time. We offer a Conditional Sale agreement, which means you won’t legally own the van until you make your final repayment.

A poor credit score could be caused by multiple factors, including:

  • Missing payments in the past
  • Having a CCJ (County Court Judgment)
  • Defaulting on loans
  • Declaring bankruptcy
  • Having an IVA

If you have poor credit, you might be worried that this stops you from getting van finance. We specialise in helping those with bad credit get the van finance they need.

Can you get van finance with bad credit?

We understand that having bad credit doesn’t change the need to have a reliable and trustworthy van. Whether that’s for business use if you’re self-employed, or for personal use, we could help find the right van for you. Even if you have a CCJ or an IVA, we could help you get new or used van finance with bad credit.

What is bad credit van finance?

Bad credit van finance is when you borrow money to buy a new van and make monthly repayments over an agreed period of time. We offer a Conditional Sale agreement, which means you won’t legally own the van until you make your final repayment.

A poor credit score could be caused by multiple factors, including:

  • Missing payments in the past
  • Having a CCJ (County Court Judgment)
  • Defaulting on loans
  • Declaring bankruptcy
  • Having an IVA

If you have poor credit, you might be worried that this stops you from getting van finance. We specialise in helping those with bad credit get the van finance they need.

Can you get van finance with bad credit?

We understand that having bad credit doesn’t change the need to have a reliable and trustworthy van. Whether that’s for business use if you’re self-employed, or for personal use, we could help find the right van for you. Even if you have a CCJ or an IVA, we could help you get new or used van finance with bad credit.

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

  • Monthly earnings over £1,000 (after tax)
  • To be aged between 20 and 75
  • A full valid UK driving licence
  • 2 consecutive months of payslips

We can provide finance for a new or used van so long as it meets our lending criteria:

  • Be priced between £4,000-£35,000
  • No more than 125,000 miles on the clock
  • No 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 20 and 75
  • A full valid UK driving licence
  • 2 consecutive months of payslips

We can provide finance for a new or used van so long as it meets our lending criteria:

  • Be priced between £4,000-£35,000
  • No more than 125,000 miles on the clock
  • No more than 12 years old by the end of the agreement

How to apply for bad credit van finance

When you get a quote, we use a soft search, which won’t affect your credit score, helping you secure a bad credit van loan and move forward on a better road ahead. When you know what you’d like to borrow and for how long, then applying for bad credit van finance with us is simple.

We only use a hard search once you’ve found the van you’d like and decide to enter into an agreement with us.

To apply for van finance with bad credit, try our van finance calculator. It will show you what your van finance agreement could look like, depending on the repayment term and amount you are looking to borrow.

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.

How to apply for bad credit van finance

When you get a quote, we use a soft search, which won’t affect your credit score, helping you secure a bad credit van loan and move forward on a better road ahead. When you know what you’d like to borrow and for how long, then applying for bad credit van finance with us is simple.

We only use a hard search once you’ve found the van you’d like and decide to enter into an agreement with us.

To apply for van finance with bad credit, try our van finance calculator. It will show you what your van finance agreement could look like, depending on the repayment term and amount you are looking to borrow.

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.

What your van finance could look like

Summary

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

Representative 30.5% APR

What your van finance could look like

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

Representative 30.5% 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.

How our van finance with poor credit works

How our van finance with poor credit works

We offer a Conditional Sale agreement for van finance. This means that you will be the registered keeper of the van, having full use and responsibility for maintaining it. Once you make your final repayment, you will become the legal owner.

Some advantages of a Conditional Sale agreement include:

  • You don’t pay a large sum up front or at the end of the agreement like you might 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. Also, the amount you would need to pay for a deposit depends on your personal circumstances.

We have over 30 years of experience helping people with bad credit get the vehicle they need. When you’re ready, get a quote and see if we could help you.

Conditional Sale van finance diagram

We offer a Conditional Sale agreement for van finance. This means that you will be the registered keeper of the van, having full use and responsibility for maintaining it. Once you make your final repayment, you will become the legal owner.

Some advantages of a Conditional Sale agreement include:

  • You don’t pay a large sum up front or at the end of the agreement like you might 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. Also, the amount you would need to pay for a deposit depends on your personal circumstances.

We have over 30 years of experience helping people with bad credit get the vehicle they need. When you’re ready, get a quote and see if we could help you.

Conditional Sale van finance diagram

Can I get van finance with bad credit and no guarantor?

We don’t offer the option of having a guarantor, but we might still be able to help. We’re experts at helping people with poor credit get the van they need. So if you are looking for a new or used van with bad credit, we could help.

To get started, try out our van finance calculator or, if you’re ready, get a quote.

If your credit score is less than perfect you might also want to consider a joint finance application, this is where you apply with another person from your house, usually a partner or family member.

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 income 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.

Buying a new van is an exciting but stressful time. That’s why we’ve created a guide to the top van brands with the pros and cons of each so you can make an informed decision.

Can I get Luton van finance with bad credit?

If you’re looking to finance a Luton van but have bad credit, we could help. If you have a particular Luton van in mind, then make sure it meets our lending criteria.

When you’re ready, get a quote to see if we can help you finance a Luton van.

Can I get bad credit van finance with no deposit?

If you don’t have the money to put down a deposit for a new van, you might be looking for bad credit 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.

For more information about this, check out our guide to no deposit van finance. It explains what it is, how it might work, and what the pros and cons are, so you can make an informed decision.

Can I get van finance with bad credit and no guarantor?

We don’t offer the option of having a guarantor, but we might still be able to help. We’re experts at helping people with poor credit get the van they need. So if you are looking for a new or used van with bad credit, we could help.

To get started, try out our van finance calculator or, if you’re ready, get a quote.

If your credit score is less than perfect you might also want to consider a joint finance application, this is where you apply with another person from your house, usually a partner or family member.

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 income 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.

Buying a new van is an exciting but stressful time. That’s why we’ve created a guide to the top van brands with the pros and cons of each so you can make an informed decision.

Can I get Luton van finance with bad credit?

If you’re looking to finance a Luton van but have bad credit, we could help. If you have a particular Luton van in mind, then make sure it meets our lending criteria.

When you’re ready, get a quote to see if we can help you finance a Luton van.

Can I get bad credit van finance with no deposit?

If you don’t have the money to put down a deposit for a new van, you might be looking for bad credit 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.

For more information about this, check out our guide to no deposit van finance. It explains what it is, how it might work, and what the pros and cons are, so you can make an informed decision.

Van finance with bad credit FAQs

The process of applying for van finance should be easy with our online quote form. Your eligibility for van finance depends on a number of factors, including your credit score and affordability.

Having bad credit might make it harder to get van finance. It doesn’t make it impossible, it just means you might have to use a specialist lender like Moneybarn. However, no responsible lender can claim that van finance is guaranteed.

We’re one of the leading providers of specialist vehicle finance and might be able to help you if you have a less than perfect credit score.

We understand that just because you have bad credit, it doesn’t change the fact that you need a reliable van to get around. Our online application form should only take 5 minutes to fill out, and will tell you our decision as to whether we could help you.

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

Your eligibility for van finance depends on a number of personal factors. These include your credit score and affordability checks.

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 do a soft search on your credit file, which doesn’t affect your credit score.

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.

Getting a quote with us will not affect your credit score. 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.

Some finance companies use a hard search when you get a quote. Hard searches leave a mark on your credit file and usually affect your score. Having too many hard searches on your credit file in a short space of time might make it more difficult to get credit.

Credit checks are an important part of the van finance application process, and there is no such thing as no credit check van finance.

How much your monthly repayments will cost depends on lots of circumstances. Everyone’s eligibility is different, and having bad credit can make it more difficult to get van finance. If you have poor credit, you might have to use a specialist lender like Moneybarn.

To get started, try out our van finance calculator. It will show you how much your van finance with bad credit might cost, depending on how much you would like to borrow and for how long.

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.

Having a CCJ on your credit file can make it more difficult to get van finance. This is because a CCJ means you’ve missed payments in the past, which means you could be seen as a higher risk to lend to. You might need to use a specialist lender like Moneybarn.

If you’d like to get started, try out our van finance calculator, or if you’re ready you can get a quote.

Van finance with bad credit FAQs

The process of applying for van finance should be easy with our online quote form. Your eligibility for van finance depends on a number of factors, including your credit score and affordability.

Having bad credit might make it harder to get van finance. It doesn’t make it impossible, it just means you might have to use a specialist lender like Moneybarn. However, no responsible lender can claim that van finance is guaranteed.

We’re one of the leading providers of specialist vehicle finance and might be able to help you if you have a less than perfect credit score.

We understand that just because you have bad credit, it doesn’t change the fact that you need a reliable van to get around. Our online application form should only take 5 minutes to fill out, and will tell you our decision as to whether we could help you.

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

Your eligibility for van finance depends on a number of personal factors. These include your credit score and affordability checks.

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 do a soft search on your credit file, which doesn’t affect your credit score.

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.

Getting a quote with us will not affect your credit score. 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.

Some finance companies use a hard search when you get a quote. Hard searches leave a mark on your credit file and usually affect your score. Having too many hard searches on your credit file in a short space of time might make it more difficult to get credit.

Credit checks are an important part of the van finance application process, and there is no such thing as no credit check van finance.

How much your monthly repayments will cost depends on lots of circumstances. Everyone’s eligibility is different, and having bad credit can make it more difficult to get van finance. If you have poor credit, you might have to use a specialist lender like Moneybarn.

To get started, try out our van finance calculator. It will show you how much your van finance with bad credit might cost, depending on how much you would like to borrow and for how long.

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.

Having a CCJ on your credit file can make it more difficult to get van finance. This is because a CCJ means you’ve missed payments in the past, which means you could be seen as a higher risk to lend to. You might need to use a specialist lender like Moneybarn.

If you’d like to get started, try out our van finance calculator, or if you’re ready you can get a quote.

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.