Credit Advice FAQs

Most lenders will require you to provide proof of income, usually from a recent payslip or bank statement. If you are self-employed they may also ask for a tax return.

Most lenders will consider someone eligible if they're over 18 years old, a UK resident with 3 years address history and 12 months employment history. They must usually hold a full UK driving licence.

Yes, most lenders impose a minimum income requirement for car finance to ensure applicants can afford the monthly repayments, usually between £1000 to £1500 per month after tax.

Car finance is available to students in the UK, but it can be more challenging to secure due to limited or irregular income.

Yes, a credit check is typically mandatory for car finance in the UK. Lenders use credit checks to assess your financial history and determine your ability to repay the loan.

Being employed is not an absolute requirement to obtain car finance in the UK, but having a regular source of income is essential.

Most lenders require you to have a valid UK driving licence to qualify for car finance but at Match Me Car Finance we also have options for those with European or International licences.

Many lenders require applicants to have permanent residency or settled status in the UK. This is because car finance agreements are long-term commitments, and lenders need assurance that you will remain in the UK for the duration of the agreement.

Yes, you can get car finance with bad credit, but it may come with higher interest rates and limited options. You may also need to provide additional proof of income.

Self-employed individuals can apply for car finance in the UK. However, the process may differ slightly from traditional employment because lenders need additional evidence of your income.

There are specialist car finance lenders who cater to people with poor credit histories, including those who have been declared bankrupt.

Joint applications can be beneficial, especially if one applicant has a weaker credit profile or lower income. By combining financial profiles, you may increase your chances of approval.

Yes, you can apply for car finance if you’ve recently started a new job, but some lenders may view this as a risk due to the lack of income stability.

Yes, you can still be eligible for car finance if you have a CCJ, but your options may be more limited.

We help thousands of people get car finance each year who have poor credit. While it is more difficult, credit score isn't the only factor lenders consider. Here we take a further look.

Being bankrupt affects existing car finance, and makes it more difficult to get a new agreement from lenders. However, it’s not impossible if you understand your options.

We do not offer loan applications to people under 18. Loan approvals are partly based on credit scores. As a young person you may not have a credit score at all.