A better way to get a car loan with Carfinance+.

Need car finance? Here's how Carfinance+ can help you with car loans. Compare car loans to make sure you get a better deal to help you afford your monthly repayments.

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Get your car from any dealer

You can buy any car from any reputable dealer across the UK. Check your eligibility and get a free car loan quote now.

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No impact to your credit

Applying for a car loan will not affect your credit score as we use soft credit search to get your car finance deal quote.

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No paperwork & no deposit

No paperwork is needed. Apply and complete online. We can offer car loan deals where you don’t have to put a deposit.

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Our best rate is 6.9% APR

We provide low interest car finance from UK’s top lender. No fees. No deposit required. See if you are eligible.

How much can I afford to pay?

Our car finance calculator is an ideal tool to work out what your monthly repayments..

Our car finance calculator is an ideal tool to work out what your monthly payments will look like.

Good credit
Bad credit
Amount to borrow:
£
To repay over:
5 Years
48 monthly payments of
£ 245 /mo
Car finance rate XX% APR
Cost of credit £ XXX
Total repayment £ XX,XX.XX

Representative example - Borrowing £5,500 over 4 years with a representative APR of 19.8%, and a deposit of £0, the amount payable would be £162 per month, with a total cost of credit of £2,282 and a total amount payable of £7,782.

We compare car finance quotes from all the leading providers

We partner with the UK’s trusted car finance lenders, so that you get the most suitable car loan quotes from across a huge choice of deals.

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Why you might need car finance

Bad credit

We can help customers with poor and bad credit, who been refused a car loan elsewhere. Apply for a fast quote online without an impact on your credit score.

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CCJs, defaults & IVAs

You can still get car finance with with a CCJ, default or IVA. Rates from 6.9%. Apply for a free no obligation quote now. No broker fees.

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Debt management plan

At some point during your debt management plan, you consider getting a car or replacing the one you currently have. This is possible with Carfinance+

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You're a student

We want to make car finance for young drivers and students affordable. Even if you need car finance for students with bad credit scores, we can help.

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How to get a car loan when you’re in a debt management plan

First, it might be helpful to explain just how a debt management plan works.

If you are struggling to pay off debts such as loans, credit cards or store cards, a debt management plan is an entirely informal and voluntary arrangement, which lets you add all those debts together and make a single repayment each month, for sharing between your various creditors.

If you are in a debt management plan, therefore, it suggests two things:

you are having some difficulty managing your debts at the moment; but

you recognise the need for action and have taken the initiative of coming to an agreement with your creditors on the repayment of those debts.

What are the chances of getting approved?

Because you have a debt management plan, that shows that you have had trouble keeping up with the repayments on previous loans and other lines of credit. You have a less than perfect credit record, in other words.

For some lenders, that blot on your credit record may be enough to warrant the rejection of your application for a car loan — or the demand for a large deposit or a punitive rate of interest on the loan if you are successful.

We find a way

Here at CarFinance Plus, however, we are experts in poor credit vehicle finance. It means we work closely with a number of lenders who are specialists in the provision of car loans for individuals with a less than perfect credit history, including those who are currently in a debt management plan.

Whilst checking your likely eligibility for such a loan, we are careful to avoid any further damage to your credit record, which happens if your application for a loan is turned down.

Therefore, we conduct an initial “soft” credit check when you make your online application to us, so as to significantly increase the chances of your formal application being accepted by any interested lender willing to make an offer.

Our expertise and experience helps us to secure some of the most competitive rates for your loan and, even with a less than perfect credit history, you may still be able to get a no-deposit loan — a loan that is equal to the full value of the vehicle you want to buy, without you having to try to raise the cash for a deposit or to offer another vehicle in part exchange.

Looking for a car finance quote?

Looking for a car loan? Compare top car finance deals without affecting your credit score and borrow up to £50,000. Use our helpful car finance calculator to check your affordability and how much you could borrow.

Free eligibility checker

What our customers say

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About us

We are the motor finance people

Since 2015 we’ve specialised in motor finance. We’re a family-run company committed to putting our customers first.

Learn more about our company