FAQs - The application process

How long does car finance approval take?

Sam Wooller, Customer Experience Communications Manager
Wednesday, 13 July 2016

When you complete your initial application with us, we’ll carry out a near-instant soft search check on you. This will give you an immediate credit decision on whether we can offer you finance. A soft search will not impact your credit score.

If you are approved or approved in principle, we’ll get in touch to within one working day of receiving your application. For those that are approved, we’ll only ask for you to provide documentation to prove your identity, these are called identity checks. If you’re approved in principle, as well as the identity checks, we’ll need to see documentation (e.g payslips) to confirm your affordability of the finance. These are called affordability checks.

If these checks are passed, and you’ve found the car you are wanting to purchase we’ll run a full credit search when we create the agreement documents for you to sign. This will show on your credit file. We can then pay out the finance to the dealership within 2-3 working days. Once this has happened, the car is yours to drive away in.

You can find more information on our application process and what is required of you at each step on our application process page.