Yes, you can still apply for vehicle finance with us if you have a student overdraft. Just be aware that having a student overdraft may impact your credit file and this could affect your ability to get finance with us.
The amount you are in your overdraft will affect your affordability of any loan. However, if you are earning at least £1,000 after tax a month, then we might be able to help you.
Our aim is to get people that may be turned down elsewhere into vehicles where we can.
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)