If you are self employed or have experienced previous financial problems, you may find it difficult to purchase a car on credit as most finance companies will judge you on your previous credit history or employment status. However a number of specialist bad credit car finance companies exist and they are sympathetic to people with a poor credit history or individuals who are self employed.

Car credit for people with poor credit rating

If you've had problems with debt in the past, you're likely to suffer with a poor credit rating and as a consequence you may have been unable to buy a car on credit. A poor or low credit score can be caused by a wide range of factors . For some, it can be missing a seemingly insignificant payment by mistake, or perhaps you've gone through some difficult times such as divorce or redundancy which have led to mortgage arrears, defaults on credit card payments or perhaps official procedues such as CCJs, IVA or even bankruptcy.

Companies specialising in poor credit car finance are more concerned with your ability to pay now rather than any past financial misdemeanours and have helped thousands of people from across the UK. So if you are looking for your next car, whether you've been turned down in the past or not, it's worth contacting a specialist car credit company.

Car finance for people who are self employed

The self employed are often refused car finance by standard lenders due to irregular patterns of income or insufficient trading history. Fortunately there are companies who believe no one should be denied the pleasure of owning a newer, better car, simply because they are self employed.