Bad Credit Car Finance
No Paperwork & Fees

No, you don’t need to decide on a car before applying with Carboom. If you’re unsure which car is right for you, our team can help guide you. Simply share your preferences, and we’ll assist in finding a car that suits your needs and budget. At Carboom, we make financing and choosing your next car seamless and stress-free.

Yes, you can buy your car from any reputable UK dealer. If you're unsure where to start, simply let us know your preferences and budget, and we'll find the best car for you.

Your finance offer is valid for 48 hours from the time you're approved. To secure your car, you'll need to pay the deposit within this period. If the deposit isn’t paid in time, your offer expires

Yes, you can get car finance with bad credit without needing a guarantor. Many lenders focus on your income and current ability to make payments rather than relying on someone else to back you. As long as you can prove you can manage the monthly repayments, some lenders are willing to approve your application directly.

You don’t need a deposit to get car finance, but putting one down can help. A deposit reduces the loan amount, lowering your monthly payments and overall interest. It also shows lenders you can manage your finances, which can improve your chances of approval. Smaller loans with lower rates save you money in the long run.

Specialist lenders and car finance brokers work with people who have bad credit. Many lenders focus on your current income and ability to pay rather than your credit history. At Carboom, we partner with over 20 UK finance companies that offer tailored deals for bad credit. This increases your chances of approval and finding the right plan.

Bad credit car finance isn’t guaranteed. Lenders need to check that you can afford the repayments before approving your application. While approval isn’t certain, specialist lenders focus on finding options that fit your situation. At Carboom, we work to match you with the best possible deal for your needs.

There’s no fixed minimum credit score for a car loan. Lenders look at your overall financial situation, not just the score. A lower score can mean higher interest rates and extra costs. By keeping up with payments, you can improve your credit and secure better deals in the future.

Yes, you can finance a car with a 500 credit score. Many lenders offer car finance for low credit scores, but expect higher interest rates. Lenders focus on your ability to make payments rather than just your score. Staying on top of repayments can help improve your credit over time.

Yes, you can finance a car with a 200 credit score, but expect higher interest rates and costs. Some lenders may decline your application, but specialists in poor credit finance can still help. Focus on affordable repayments to avoid further financial strain and improve your credit over time.

Yes, a big deposit can help you get car finance. It reduces the amount you need to borrow, lowering monthly payments and overall interest. Lenders see a larger deposit as proof you can manage money well, which increases your chances of approval and can lead to better finance deals.

There’s no set minimum credit score to buy a car. Lenders focus on your ability to repay rather than just the score. A lower score can lead to higher interest rates, but specialist lenders offer options for poor credit. Managing repayments well can improve your credit over time.

Getting car finance with bad credit can take as little as 24 to 48 hours. Lenders focus on your current financial situation and ability to pay. Providing accurate details speeds up the process. Working with a broker helps reduce delays and improves your chances of quick approval.

Yes, your salary plays a big part in getting approved. Lenders want to know you can comfortably handle the monthly payments. A steady income shows them you’re in a good position to manage the repayments, which can boost your chances – even if your credit isn’t perfect.

Yes, you can get car finance with bad credit and no deposit, but it can be harder to secure. Lenders may see no deposit as higher risk. Part-exchanging your current car can act as a deposit. Some deals may still require a small upfront payment to proceed.