Home > Car finance > Eligibility checker
Home > Car finance > Eligibility checker
Looking for car finance? Get an instant decision by using our checker. We’ll do a soft credit check to see if you’re eligible for car finance.
Looking for car finance? Get an instant decision by using our checker. We’ll do a soft credit check to see if you’re eligible for car finance.
Based on 14,057 reviews
Showing our 4 & 5 star reviews
Based on 14,057 reviews
Showing our 4 & 5 star reviews
To see if you’re eligible for car finance, you can get a quote in less than 5 minutes. You’ll need to tell us:
You’ll then get an instant decision as to whether we can help, and how much we might be able to lend you. From there, you can use our handy vehicle finder to browse cars that fit your budget.
We offer Conditional Sale (CS) finance. This lets you spread the cost of a car over 3 to 5 years instead of paying for it all upfront. You’ll make fixed monthly payments for the agreed duration, and once the finance is paid off, you’ll legally own the car.
Whether getting a quote for car finance will affect your credit score depends on the lender. Some lenders do a hard credit check when you apply, which can affect your credit score. We only do a soft credit check, which does not leave any visible mark on your credit file.
As a specialist lender, we understand that you might have been refused by other lenders. Or, you might have bad credit and be wondering if it stops you from getting car finance.
We only use a hard credit check once you’ve found the right car and contracts are drawn up for you to sign.
To see if you’re eligible for car finance, you can get a quote in less than 5 minutes. You’ll need to tell us:
You’ll then get an instant decision as to whether we can help, and how much we might be able to lend you. From there, you can use our handy vehicle finder to browse cars that fit your budget.
We offer Conditional Sale (CS) finance. This lets you spread the cost of a car over 3 to 5 years instead of paying for it all upfront. You’ll make fixed monthly payments for the agreed duration, and once the finance is paid off, you’ll legally own the car.
Whether getting a quote for car finance will affect your credit score depends on the lender. Some lenders do a hard credit check when you apply, which can affect your credit score. We only do a soft credit check, which does not leave any visible mark on your credit file.
As a specialist lender, we understand that you might have been refused by other lenders. Or, you might have bad credit and be wondering if it stops you from getting car finance.
We only use a hard credit check once you’ve found the right car and contracts are drawn up for you to sign.
As one of the UK’s leading lenders of specialist car finance, we could help you get the car you need. Whether it’s to drop your children off at school, get around day to day, or to commute to work – let us help you onto a better road ahead.
As one of the UK’s leading lenders of specialist car finance, we could help you get the car you need. Whether it’s to drop your children off at school, get around day to day, or to commute to work – let us help you onto a better road ahead.
To get car finance, you’ll need:
We can finance cars that meet our lending criteria:
To get car finance, you’ll need:
We can finance cars that meet our lending criteria:
1
Get an online quote in under 5 minutes. We use a soft check at the point of application, which won’t impact your credit score and provides an instant decision.
2
If you’re approved, use our Vehicle Finder to find your dream car. Our friendly experts will be on hand to help with the search, so you can get onto a better road ahead.
3
We’ll help you with providing any paperwork and signing your agreement. Once your agreement is finalised, we’ll pay the dealership and you can collect your new car!
1
Get an online quote in under 5 minutes. We use a soft check at the point of application, which won’t impact your credit score and provides an instant decision.
2
If you’re approved, use our Vehicle Finder to find your dream car. Our friendly experts will be on hand to help with the search, so you can get onto a better road ahead.
3
We’ll help you with providing any paperwork and signing your agreement. Once your agreement is finalised, we’ll pay the dealership and you can collect your new car!
If you have a good credit score, can afford the monthly payments, and meet the lender’s criteria, then you’re more likely to be accepted for car finance.
However, just because you have bad credit, doesn’t mean you can’t get car finance. You might have missed payments in the past, or have a CCJ or IVA. If that’s the case, we might be able to help. We have over 30 years of experience helping thousands of people up and down the UK get car finance with bad credit.
To improve your credit score before applying for car finance, you could:
Read more tips in our guide: How to improve your credit score.
If you have a good credit score, can afford the monthly payments, and meet the lender’s criteria, then you’re more likely to be accepted for car finance.
However, just because you have bad credit, doesn’t mean you can’t get car finance. You might have missed payments in the past, or have a CCJ or IVA. If that’s the case, we might be able to help. We have over 30 years of experience helping thousands of people up and down the UK get car finance with bad credit.
To improve your credit score before applying for car finance, you could:
Read more tips in our guide: How to improve your credit score.
We support thousands of people up and down the country each month, even if they’ve been refused elsewhere. Our customers rate us as Excellent on Trustpilot.
We continue to win industry awards for our approach to responsible lending, including ‘Vehicle Finance Provider of the Year’ and ‘Sub-Prime Lender of the Year’ for 2023.
As one of the UK's leading lenders for bad credit, we accept people let down by mainstream lenders, with over 30 years of experience helping people onto a better road ahead.
We support thousands of people up and down the country each month, even if they’ve been refused elsewhere. Our customers rate us as Excellent on Trustpilot.
We continue to win industry awards for our approach to responsible lending, including ‘Vehicle Finance Provider of the Year’ and ‘Sub-Prime Lender of the Year’ for 2023.
As one of the UK’s leading lenders for bad credit, we accept people let down by mainstream lenders, with over 30 years of experience helping people onto a better road ahead.
If you have failed a car finance eligibility check with one lender, it does not mean another will reject you.
Each company has their own lending criteria. For example, we’re a bad credit car finance company, which means we specialise in helping people with a poor credit history get on the road.
If you’ve missed payments, are self-employed, or have been rejected by other companies, we could help. To see if you could be accepted, get a quote from our bad credit car finance eligibility checker.
When you get a quote for car finance, we use a soft credit search. This doesn’t affect your credit score but helps us understand your eligibility and see if we can help you. We only use a hard search when contracts are drawn up for you to sign.
Some car finance companies use a hard search at the point of application. This will affect your credit score, so make sure you ask whether they use a soft or hard search. Too many hard searches in a short time will affect your credit score.
It’s important to know that a responsible lender will use a hard credit check at some point during the application process. There is no such thing as car finance with no credit check.
Lenders can only provide finance if it is affordable and suitable for your circumstances. The key thing to know is whether they use a soft or hard credit check.
Yes. When you get a quote, we run a soft search to understand your eligibility for car finance. You’ll then get 1 of 3 instant decisions:
If you’re approved in principle, it’s because we need a few more details from you.
If this happens, an expert from our team will contact you to guide you through the process.
Once you’ve found the right car and contracts are drawn up, we will make a hard search.
A soft credit check is done so finance companies can decide if your application would be successful without doing a hard credit check. This doesn’t show up on your credit report.
A hard credit check is a deep search of your credit report. Lenders will do a hard search when you decide you want finance or a loan. Every hard check is recorded on your report and usually lasts for 12 months.
Our ‘Soft search vs. hard search credit check‘ guide explains the differences in more detail.
Yes, car finance can be approved with just a soft search. This doesn’t impact your credit score, but it will let you know if you’re eligible for car finance.
If you’re approved and want to enter into an agreement with us, we use a hard search only when contracts are drawn up for you to sign.
A lender can only do a hard credit check with your permission, so make sure you check what kind of search is done before you submit any credit application.
If you are approved, we’ll show you how much you could borrow, your personal APR, and what your monthly payments might look like. From there, you can use our vehicle finder tool to search for a car that fits your budget.
An expert from our team will contact you to help you find the right car. Once you’re happy with the quote, contracts will be drawn up for you to sign. After that, we’ll pay the dealership, and you can drive away in your new car!
Find out more about our application process, which includes a handy diagram that breaks down each step.
No, guaranteed car finance is a myth and does not exist. Whether a lender uses a soft or hard check, they cannot say that finance is guaranteed. It’s a widely promoted claim in the industry, but if someone advertises this, you should be cautious.
Everyone is different, as are our financial situations and the types of cars we want. Because of this, no responsible lender can guarantee car finance.
A soft credit check lets lenders see if you have any negative credit history, such as missed payments, defaults, CCJs, or IVAs. They use this information to understand your eligibility for car finance.
Everyone’s eligibility for car finance is different, but there are some things you can do to help your chances. You could check to see if you have good credit, as this is one of the factors lenders use to decide whether to approve your application.
We specialise in helping people with less-than-perfect credit who have been turned down by mainstream lenders. Get a quote in less than 5 minutes and see if we can help you.
If you’d like to learn more, we have written a guide on how you might increase your chances of getting car finance.
If you have failed a car finance eligibility check with one lender, it does not mean another will reject you.
Each company has their own lending criteria. For example, we’re a bad credit car finance company, which means we specialise in helping people with a poor credit history get on the road.
If you’ve missed payments, are self-employed, or have been rejected by other companies, we could help. To see if you could be accepted, get a quote from our bad credit car finance eligibility checker.
When you get a quote for car finance, we use a soft credit search. This doesn’t affect your credit score but helps us understand your eligibility and see if we can help you. We only use a hard search when contracts are drawn up for you to sign.
Some car finance companies use a hard search at the point of application. This will affect your credit score, so make sure you ask whether they use a soft or hard search. Too many hard searches in a short time will affect your credit score.
It’s important to know that a responsible lender will use a hard credit check at some point during the application process. There is no such thing as car finance with no credit check.
Lenders can only provide finance if it is affordable and suitable for your circumstances. The key thing to know is whether they use a soft or hard credit check.
Yes. When you get a quote, we run a soft search to understand your eligibility for car finance. You’ll then get 1 of 3 instant decisions:
If you’re approved in principle, it’s because we need a few more details from you.
If this happens, an expert from our team will contact you to guide you through the process.
Once you’ve found the right car and contracts are drawn up, we will make a hard search.
A soft credit check is done so finance companies can decide if your application would be successful without doing a hard credit check. This doesn’t show up on your credit report.
A hard credit check is a deep search of your credit report. Lenders will do a hard search when you decide you want finance or a loan. Every hard check is recorded on your report and usually lasts for 12 months.
Our ‘Soft search vs. hard search credit check‘ guide explains the differences in more detail.
Yes, car finance can be approved with just a soft search. This doesn’t impact your credit score, but it will let you know if you’re eligible for car finance.
If you’re approved and want to enter into an agreement with us, we use a hard search only when contracts are drawn up for you to sign.
A lender can only do a hard credit check with your permission, so make sure you check what kind of search is done before you submit any credit application.
If you are approved, we’ll show you how much you could borrow, your personal APR, and what your monthly payments might look like. From there, you can use our vehicle finder tool to search for a car that fits your budget.
An expert from our team will contact you to help you find the right car. Once you’re happy with the quote, contracts will be drawn up for you to sign. After that, we’ll pay the dealership, and you can drive away in your new car!
Find out more about our application process, which includes a handy diagram that breaks down each step.
No, guaranteed car finance is a myth and does not exist. Whether a lender uses a soft or hard check, they cannot say that finance is guaranteed. It’s a widely promoted claim in the industry, but if someone advertises this, you should be cautious.
Everyone is different, as are our financial situations and the types of cars we want. Because of this, no responsible lender can guarantee car finance.
A soft credit check lets lenders see if you have any negative credit history, such as missed payments, defaults, CCJs, or IVAs. They use this information to understand your eligibility for car finance.
Everyone’s eligibility for car finance is different, but there are some things you can do to help your chances. You could check to see if you have good credit, as this is one of the factors lenders use to decide whether to approve your application.
We specialise in helping people with less-than-perfect credit who have been turned down by mainstream lenders. Get a quote in less than 5 minutes and see if we can help you.
If you’d like to learn more, we have written a guide on how you might increase your chances of getting car finance.
To learn more about the differences between soft and hard credit checks, we’ve written a guide that answers common questions.
Conditional Sale, also known as CS, is the type of finance we offer. Click the button below to find out how CS car finance works.
We have over three decades of experience in helping people with vehicle finance. Find out how a joint application works.
Moneybarn is a member of the Finance and Leasing Association, the official trade organisation of the motor finance industry. The FLA promotes best practice in the motor finance industry for lending and leasing to consumers and businesses.
Moneybarn is the trading style of Moneybarn No. 1 Limited, a company registered in England and Wales with company number 04496573, and Moneybarn Limited, a company registered in England and Wales with company number 02766324. The registered address for these companies is: Athena House, Bedford Road, Petersfield, Hampshire, GU32 3LJ.
Moneybarn’s VAT registration number is 180 5559 52.
Moneybarn Limited is authorised and regulated by the Financial Conduct Authority (Financial Services reference No. 702781)
Moneybarn No. 1 Limited is authorised and regulated by the Financial Conduct Authority (Financial Services reference No. 702780)
Representative example: Total amount of credit £8848. Repayable over 56 months, 55 monthly payments of £282.41. Representative 30.7% APR (fixed). Deposit of £786.30. Total charge for credit £6684.55. Total amount payable £16,318.85. Subject to status and affordability. You could risk losing your vehicle if you do not keep up payments.