FAQs - Checking eligibility

Can you get car finance without a job?

Sam Wooller, Customer Experience Communications Manager
Monday, 22 August 2022

Your eligiblity for car finance depends on a number of factors such as income and affordability. To get car finance with Moneybarn, you’ll need monthly earnings of over £1,000 (after tax). Check out our list of accepted sources of income.

It may be possible to get car finance when unemployed, depending on your circumstances. For example, you might be eligible for car finance on benefits, depending on the types of benefits that you claim.

You could also consider making a joint car finance application. This is when two people apply together, using both their details to support the application. When making a joint application with us, your combined monthly income must be over £1,300 (after tax).

Car loans for unemployed bad credit

We’re proud to be one of the UK’s biggest lenders of specialist car finance. So if you’re looking for bad credit car finance for unemployed, even if you have an IVA or CCJ, Moneybarn might be able to help. We help thousands of people every month onto a better road ahead, even if they have a poor credit history.

It’s important to know that there is no such thing as guaranteed car finance for unemployed people. No responsible lender will be able to offer guaranteed car finance of any kind, including car finance for unemployed people.