The quick and short answer to this question is that at Credit Expert, we specialise in helping people with poor or no credit history get the car finance they want.

A bad credit history, or none at all, can make it harder for people to get car finance, but it doesn’t prevent it entirely.

But first, let’s explain the words credit history and credit score.

A credit score is a number that represents someone’s borrowing history. The higher the score, the more likely someone is “credit worthy” and approved for finance. On the other hand, a low score can make accessing credit harder.

A credit history is a record of your personal information. It can include information such as someone’s name, date of birth, and address, as well as any electoral roll data. Additionally, it may include details on credit searches, credit repayment history, including any missed payments. It can also include any payment defaults, and any information from public registers like the County Court Judgement (CCJ) Register or the Insolvency Register.

Credit scores are used by lenders, such as car finance providers, to assess the likelihood of someone being able to make their repayments on time.

These ‘credit searches’ provide an applicant profile. People with a higher credit score are often more likely to be accepted for finance applications and may also get lower interest rates. On the other hand, a low credit score makes an application more likely to be declined. Even if accepted, the interest rate may be higher to reflect the perceived higher risk.

In addition to a low credit score, people may be declined for finance if the lender believes they may not be able to afford the monthly payments associated with a loan.

At Credit Expert, we take a personal approach to each application. If you have a poor or no credit history, call us first on 0333 188 0281. Calling us can help prevent further damage to your credit profile by reducing the number of credit searches. Multiple credit applications and subsequent searches can make it look like someone is desperate for credit.

Call us, and we will work with you to understand your current position and work toward an affordable lending decision. We cannot guarantee approval, but we have a proven track record and history of providing people with car financing opportunities that others may not offer.