Frequently Asked Questions

Our 100% free, no-obligation service offers access to a wide panel of car finance providers, and our system can find you a solution within minutes. If a provider rejects your application, it takes seconds to find another option, saving you time compared to applying directly with multiple lenders. Once you fill in your details, we do the hard work and search for a suitable car finance option for you.

No, we are a licensed credit broker that uses state-of-the-art software and systems to match you with a suitable car finance solution. We specialise in helping you find competitive low-APR car finance options in the UK. Our goal is to secure affordable and flexible car finance deals tailored to your budget and needs.

There are several types of car finance options, including Hire Purchase (HP), Personal Contract Purchase (PCP), and Personal Contract Hire (PCH). Each option has its own benefits, such as flexible payment terms, low monthly payments, or the option to buy the car at the end of the term. Our providers will explain the pros and cons of each option and help you choose the one that best suits your needs.

APR stands for Annual Percentage Rate. It represents the total cost of borrowing over a year, including both the interest rate and any additional fees associated with the loan. The APR gives you a clear idea of the overall cost of your car finance, helping you compare different finance deals and choose the most affordable option. The lower the APR, the less you will pay in interest over the course of your loan.

A Representative APR (Annual Percentage Rate) is the interest rate that most borrowers will receive on a loan, based on the assumption that they meet the lender standard criteria. It includes both the interest rate and any additional charges, giving you a clear idea of the total cost of the finance over a year. However, not everyone will necessarily receive this rate, as the final APR depends on factors such as your credit score, income, and financial history.

You may be able to! Being self-employed does not automatically disqualify you from getting car finance. Lenders will typically ask for proof of income, such as bank statements, tax returns, or accountant references.

Yes, new drivers can get car finance! Your age and driving experience may influence the finance offer, but it does not disqualify you from securing a deal. Lenders may consider your credit history and income more closely. We work with a variety of lenders, some of which offer competitive finance options for new drivers.

Choosing the right car finance deal depends on factors like your budget, the type of car you are interested in, and your credit rating. It is important to understand the terms of the agreement, such as the interest rate, monthly payments, and whether you will own the car at the end of the term.

In some cases, you may be able to exchange or upgrade your car during your finance agreement, especially if you have a PCP agreement. However, this depends on the terms of your contract, which will be provided by your lender.

If you miss a payment or are struggling to make your car finance repayments, it is important to contact your lender immediately. Missing payments can affect your credit score and may lead to additional fees or even repossession of the car.

There are a number of free, impartial organisations who can help you if you are struggling with debt. Citizens Advice provides independent, confidential, and free advice on getting out of debt, and a variety of other issues. Website: https://www.citizensadvice.org.uk