No you don’t, but it might make it more difficult. Not being on the electoral roll is a big factor that can make a big impact on your credit score. Meaning it will be more difficult to get a car loan with the credit score you have, as you are not on the electoral roll.
You can still apply though, as our aim is to get people into vehicles who may have been turned down by other lenders. Our initial application will not impact your credit score and you’ll get a quick answer as to whether we can help you with vehicle finance.
Representative example: Total amount of credit £11,028. Repayable over 57 months, 56 monthly payments of £354.89. Representative 31.9% APR (fixed). Deposit of £960.07. Total charge for credit £8,845.84. Total amount payable £20,833.91. Subject to status and affordability. You could risk losing your vehicle if you do not keep up payments.