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We work with a number of lenders who offer bad credit car finance. Read our advice on how to improve your credit score – it can be as simple as registering on the electoral roll.
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We’ll then show you an example of how much you might be able to borrow, based on customer profiles who are similar to you. We don’t need specifics and you can tweak it as much as you like. Our car loan calculator will take this into account when determining your payments. Your credit rating is an important factor to bear in mind when working out your monthly budget your monthly repayments might be higher if you have a bad credit score, for example. Choose your repayment length when inputting your details into our car loan calculator, to see how much you’ll pay per month. However, if you repay over an extended period, you may end up paying more for your car in the long term. This is because the cost is spread out over an extended period.
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The longer your loan term, the lower your monthly repayments will be. However, this requires you to spend a lump sum up front.Ģ. If you choose to put down a deposit, you’ll pay less each month for your car finance. How much you’re able to repay each month. Our car loan calculator tells you how much you might be able to spend on a car.
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