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Bed Credit Car Loans

For most people it seems to be harder and harder to get by without a car - you need one to get to work, take the children to school and clubs and even just to go shopping.

For most people, buying a car isn't a problem, but for those with less than perfect credit finding a bank willing to lend you the money to buy a car can be an uphill struggle.

One option can be to take out a secured loan. Lenders are often more flexible about those with bad credit when they have some equity as security for the loan. However, don't forget that your home can be at risk with this kind of loan if you can't manage to keep up on the monthly repayments.

Another option that is now available is lenders specialising in car loans for those with a bad credit history. You should, however note that these kinds of loans often have very high interest rates and you sometimes have to buy a car directly through the lender, rather than choosing one from wherever you want.

Bad Credit Car Loans Compared

	Interest Rate	Repayment Term	Loan Amount	Application
Approved Car Finance	Typical 29.9% APR Variable	N/A	N/A	Details
Approved Car Finance sells cars to those with bad credit. All cars have an MOT, receive a guaranteed £1,000 part exchange plus get cash back.
Welcome Car Finance	Typical 28.4% APR Variable	N/A	N/A	Details
Welcome Car Finance offers a minimum £1,000 part exchange for your old car, plus get £250 cash back and a free in car DVD player for a limited time and while stocks last.