How we check your eligibility


1. You apply

To get started, we require the following information: your name, age, address, contact details, and financial statements that prove your income.


2. We assess

We then assess the price of the vehicle you’d like to buy and the amount you can repay each month in just a few minutes after you complete our online application form.


3. Soft credit check

We then perform a soft credit check, which won’t affect your credit score, to establish the nature of the loan they can offer you. Learn more about our soft credit check.

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.

The soft credit check

At Car Finance Plus, we initially conduct a ‘soft search’ or ‘quotation search’, which takes place before passing your application onto any lender for formal approval. This initial search establishes key information such as your monthly income, outgoing expenditure, type of employment circumstances and any current credit commitments. We do this so you significantly reduces the risk of your application being rejected by a lender which can adversely affect your credit rating.

The Financial Conduct Authority (FCA) requires that, should you wish to continue following this soft credit check, a formal credit check be performed by lenders to evaluate the likelihood of borrowers repaying loans on time. A credit check reveals your history of loan repayments and lines of credit to prospective lenders, and they use it to decide whether to accept your application for a loan.

It is important to note that credit scores don’t follow a universal scale, and the scores you’ll receive will differ from one agency to another. Lenders typically use Experian or Equifax to perform their credit checks, and, for instance, a credit score of 500 with Experian is classed as ‘Very Poor’, whereas 500 with Equifax is ‘Excellent’. Be sure to check what your score means relative to the specific credit agency’s scale.

Your employment and income status

It should come as no surprise that your employment status and monthly income are two of the most significant factors when considering your eligibility for car finance.

We help those who are:




Full-time employed

Part-time or agency workers

Taxi drivers

We have a range of loans to meet almost any financial situation, and while we cannot guarantee the success of any application, we can promise you the best chances of receiving car finance.

How much can I borrow?

Our loans range from £2,000 to £200,000 and our repayment time ranges from 18 to 60 months. Our panel of lenders consider the following criteria when making their offers:

the price of the car you want to buy

the size of the deposit you can put down, or the value of any vehicle offered in part exchange — the bigger the deposit, the less you need to borrow and typically the cheaper your loan

the type of car — whether it is new or second hand, and if the latter, the age of the vehicle

your age

your current employment status

your average monthly income

the affordability of your loan — i.e. how plausible it is for you to meet repayments based on your income and other financial commitments

your creditworthiness — based on the findings of your credit check

If you are successful following this assessment, you’ll be offered a car finance deal tailored to your particular situation.

How it works


1. We find your lender

We have access to a panel of lenders to find a deal that suits you. By understanding your finance options first, you can shop for a car with a budget in mind.


2. We do the leg work

Your account manager is here to make your life easier. Whether it’s finding your perfect car or speaking to the dealer, they’ll always be on hand to help.


3. Choose your car

You can choose a car from any reputable dealer and we'll carry out the necessary checks to make sure you're good to go! Learn more about how it works.

Customer reviews

Emile was amazing! Was a pleasure speaking to him on the phone! He got me the best deal and helped me right up to the end, even gave excellent customer service after the purchase had gone through.

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Vehicles we finance