Historic credit issues? We can help...

What does poor credit history mean for car finance?

If you have a poor credit card history and are looking to purchase a new or used car, you may think that you are unable to obtain a finance plan. This isn't always the case, however, the terms you are offered are likely to differ from those with a good credit score.

A lower credit score means that there is a perceived higher risk that you will be unable to keep up with payments. Therefore, there will be a higher APR amount and there is likely to be a larger deposit required. This is just to ensure that your creditor has some form of financial security. 

Opportunity to build

Opting for a finance agreement with a poor credit score is a good opportunity to rebuild your score, meaning in the future you will be able to purchase vehicles with better terms.

 Nissan Finance

Our online finance facility has been specifically designed to help customers with a poor credit score, find a vehicle that is tailored to their budget.

• Apply below to receive an instant decision
• Obtain a credit limit that fits in with your monthly budget
• Visit one of our dealerships to test a vehicle that you already know is affordable

Credit Rating Explained

Your finance application will be judged based on the following areas:

• Your credit history (how you have paid credit in the past)
• Your overall 'profile' (how long you have been in your current job and at your current address)

These two factors will then be combined to create your overall 'credit score'