UK Unsecured Loans for Bad Credit

Car loans

Car loans are available to all UK tenants including council tenants, private tenants and tenants living with parents and they are available to all UK homeowners including self employed without accounts, contract workers, people on DSS social security benefits.

If you have previously purchased a car and applied for car finance when you made the purchase the car loan was probably approved by the cars dealer. Often car dealer loans are secured against the car itself. If you separate the car credit from the cars dealer you will have the freedom to shop around for a good car deal that suits you rather than being tied to a vehicle company because of their car credit deal.

Another benefit of having car loans separate from the car dealer is that many dealers will offer much better prices and car deals for people who are paying cash - cash buyers. And if you are applying for an unsecured car loan, the loan will not be secured against your vehicle and you will own the car outright from day one.

Cars are expensive; for most people buying a new car without a credit deal of some sort is impossible. We can accept car loans applications online from homeowners and tenants in the UK who might have good or bad credit. If you are a homeowner you might want to look into a secured loan to see how the rates and terms compare.