Guaranteed Car Finance

Guaranteed Car Finance UK

If you are looking to finance a new car, you may have noticed the abundance of providers offering ‘guaranteed car finance’ offers. We are here to help you understand car finance and choose the best deal for your needs.

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Best Guaranteed Car Finance Providers

What is Guaranteed Car Finance?

Consumers with a bad credit score or poor payment history typically have a smaller chance of being accepted for a car finance loan. As such, offers marketed as ‘guaranteed finance’ are often a popular choice.

Whilst no car finance is guaranteed, there are many providers who specialise in car finance deals for consumers with poor credit scores. However, the interest rates of car finance for bad credit will typically be much higher.

Best Guaranteed Car Finance Providers

Below are some of the leading car finance providers for poor credit customers. These providers compare multiple loans to help you find the best car finance deals for your circumstances and increase the likelihood of being accepted.

Bad Credit Car Finance 247

Car Finance 247

Car Finance 247 has a range of products to suit anyone with bad credit, even if you have been refused car finance elsewhere. Applying is simple and quick, and you will be able to find the right deal for you, including no deposit car finance offers.

Car Finance for bad credit from Zuto


Zuto car finance searches and compares deals from 85 lenders, which ensures that you find the right deal for your budget and requirements. Whilst they can’t guarantee car finance, they do have poor credit loan options, however the interest rates are higher.

Get Me Car Finance UK

Find Me Car Finance

Just like other loan brokers, Find Me Car Finance can’t guarantee car finance to anyone in the UK. However, they do work with a number of providers who offer finance to those with bad credit scores or prefer a no deposit finance option.

Can car finance really be Guaranteed?

There are a number of reasons you may be looking for a guaranteed car finance provider, perhaps you have a low credit score or may have had an application rejected. Before you apply, it is important to understand that in reality, no provider can legally guarantee car finance.

Car finance providers are regulated by the Financial Conduct Authority (FCA), which ensures that they must lend responsibly. Every loan that is provided must consider the customers current situation, looking at whether it is affordable and suits their requirements.

There are many providers who offer car finance deals to customers with a poor credit score or payment history. However, the interest rates are typically much higher for a low credit score. To save money on the overall cost of your loan, it is advisable to work on improving your credit score before applying for car finance to receive a better interest rate.

How to get Guaranteed Car Finance UK

What if I have already been rejected?

One of the first steps is to work out why a lender has refused your application. There are a number of reasons you may have been rejected for car finance, ranging from a poor credit score or even no credit history to not holding a full driving license or your employment status.

Applying for too many loans can work against you, so it may not be the best idea to jump straight to a provider with ‘guaranteed car finance’, as you may not be accepted. Instead, work to improve the area that you led to your application not being approved, and then apply again in the future.

How to get accepted?

Below are a few tips to help improve your chances of being accepted for car finance. Following these tips may also help you receive a better interest rate, which will save you cash on the total cost of your new car.

  1. Ensure you are registered on the electoral roll at your current address. You can enrol here.
  2. Don’t apply too many times in a small time-frame, as this can be a seen as a negative to creditors.
  3. Ensure you have a full UK license at the time you apply for a car finance loan.
  4. Having a mobile on a pay monthly contract can help boost your credit score.
  5. Ensure you are able to pay a deposit, as you will often have better success than with no deposit car finance.

Ready to Apply for Car Finance

We hope you have enjoyed our guide, and have a better understanding of guaranteed of car finance in the UK. If you are ready to apply, ensure you have some basic information to hand and get started.

Applying for Guaranteed Car Finance UK

Did you know…

Our guides help consumers find the right car finance deal AND also raise funds for UK charities. If you click through to a finance provider, we may receive a small referral commission, which allows us to donate to good causes. There is no obligation or cost to you.