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    How to Get Car Finance with Bad Credit in 2025
    Bad Credit Finance

    How to Get Car Finance with Bad Credit in 2025

    March 15, 2025
    Sarah Johnson

    Discover the steps you need to take to secure car finance even with a less-than-perfect credit score. We break down the process and share insider tips.

    Understanding Bad Credit Car Finance

    Having bad credit doesn't mean you can't get car finance. In 2025, more lenders than ever are willing to work with people who have less-than-perfect credit histories. Here's everything you need to know.

    What is Bad Credit?

    Bad credit typically means you have a low credit score, usually below 600. This can happen due to:

  1. Missed or late payments
  2. County Court Judgments (CCJs)
  3. Defaults on previous credit
  4. Bankruptcy or IVAs
  5. Limited credit history

    6. Steps to Get Approved

    1. Check Your Credit Report

    Before applying, get a copy of your credit report from Experian, Equifax, or TransUnion. Look for any errors and dispute them if necessary.

    2. Improve Your Score

    Even small improvements can make a difference:

  6. Register on the electoral roll
  7. Pay bills on time
  8. Reduce your credit utilization
  9. Avoid multiple applications in a short period

    10. 3. Consider a Guarantor

    Having someone with good credit co-sign your loan can significantly improve your chances of approval and potentially secure better rates.

    4. Save for a Larger Deposit

    A bigger deposit reduces the lender's risk and can lead to better terms. Aim for at least 10-20% of the car's value.

    5. Choose the Right Lender

    Not all lenders are the same. Specialist bad credit lenders understand your situation and are more likely to approve your application.

    What to Expect

  10. **Higher Interest Rates**: Bad credit typically means higher APR, often between 15-30%
  11. **Smaller Loan Amounts**: Lenders may limit how much they'll lend
  12. **Shorter Terms**: You might be offered shorter repayment periods
  13. **More Documentation**: Be prepared to provide proof of income and residence

    14. How WHOOSH! Can Help

    At WHOOSH! Finance, we work with a panel of lenders who specialize in bad credit car finance. Our 60-second application process connects you with the right lender for your situation, giving you the best chance of approval.

    Ready to get started? Apply now and let us help you get back on the road!

    Ready to Get Your Car?

    Apply now and get a decision in 60 seconds!