CCJs, Defaults and IVA
Simple, transparent finance designed around you.
No impact to your credit score
Rates from 8.9% APR. Representative APR 16.9%
Representative example: borrowing £7,000 over 4 years with a representative APR of 16.9%, an annual interest rate of 16.9% (Fixed) and a deposit of £0.00 the amount payable would be £201.62 per month, with a total cost of credit of £2677.92 and a total amount payable of £9677.92. This is an example only, lender fees may apply. All finance subject to status.
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Vehicle Price:
£
0
Initial Payment (Deposit):
£
0
To Pay Over:
48
Months
Assuming your credit score is:
Rates from 8.9% APR. Representative APR 16.9%
Representative example: borrowing £7,000 over 4 years with a representative APR of 16.9%, an annual interest rate of 16.9% (Fixed) and a deposit of £0.00 the amount payable would be £201.62 per month, with a total cost of credit of £2677.92 and a total amount payable of £9677.92. This is an example only, lender fees may apply. All finance subject to status.
Car Finance with CCJ, Defaults & IVA UK | Bad Credit Car
At Vizion Finance, we specialise in helping customers secure bad credit car finance when traditional lenders say no. Whether you need a car for work, family life, or everyday travel, our specialist team works with lenders who assess affordability first, not just your credit history.
This guide explains how car finance CCJ defaults IVA UK works, what lenders look for, and how you can improve your chances of approval.
Can You Get Car Finance with a CCJ, Defaults or an IVA?
- Country Court Judgments (CCJs)
- Multiple defaults or missed payments
- Individual Voluntary Arrangements (IVAs)
- Debt Management Plans (DMPs)
- Low or poor credit scores
- Your current income
- Monthly affordability
- Employment stability
- Overall financial improvement
Car Finance with a CCJ
Can you get car finance with CCJ?
Yes, even if the CCJ is recent or unsatisfied.
- Whether the CCJ is settled or unpaid
- How long ago it was registered
- Your income and affordability
- Employment and address stability
- Keep current accounts in good standing
- Provide up-to-date bank statements
- Settle the CCJ if possible (helpful but not required)
Car Finance with Defaults
Lenders prefer when:
- Defaults are over 6-12 months old
- You've made payments on time recently
- Your income comfortably covers the repayments
Car Finance with an IVA
IVA approval required
IVA car finance specialist UK
Car finance with IVA no credit check?
Guarantor Car Finance Options
Benefits:
How it works: A guarantor (usually a family member) agrees to support the agreement if payments are missed.
- Higher approval rates
- Lower interest options
- Suitable for CCJs, defaults or IVAs
Negative Equity & Car Finance
Specialist lenders can sometimes include negative equity into a new car finance deal, depending on affordability.
How Vizion Finance Helps You Get Approved?
How to Improve Your Approval Chances
- Apply through a specialist broker
- Provide accurate documents (bank statements, payslips)
- Avoid multiple hard credit searches
- Choose a realistic vehicle budget
- Consider a small deposit or guarantor
Get Car Finance with CCJ, Defaults or IVA Today
We help customers across the UK secure:
- Car finance with CCJ
- Car finance with CCJs and defaults
- Car finance with IVA
- Guarantor car finance
- Bad credit car loans UK
Frequently Asked Questions
We are Leading Experts in Car Finance Solutions
CCJ CCJ Short for a County Court Judgement. If you fail to repay a debt a CCJ can be granted against you, which outlines a deadline for repaying a loan, how much and how you will pay it. This remains on your record for around 6 years after you have paid off your debt. Default If you have a default, that means you have missed multiple payments in the past that has been noted on your credit file. This is typically after missing 3 – 6 months of payments. IVA Individual voluntary agreement. An IVA is an agreement that your creditors make to help you clear your debts at an affordable rate. This usually stays on your credit file for around six years but does not mean finding finance is impossible
There are a few steps which we can strongly recommend that will increase your chances of securing a car finance deal: Checking your credit score By checking your credit score regularly you can ensure that you have an idea of what your credit status is like, identify any mistakes or errors and work on areas that can be improved. There are many ways in which you can improve your credit score, such as using credit cards and registering on the electoral roll (see below). Prepare your proof of income If you’re in employment you’ll likely have payslips, otherwise you’ll need to provide 3 months minimum of bank statements. It can be helpful to clean up your bank statements, remove any non-essential subscriptions, evaluate if there are any outgoings that can be stopped. If your income is arriving in multiple instalments, ensure you label and identify these accordingly or try to merge them into one payment for ease. Register on the electoral roll It’s free and allows you to confirm your name and address online. It is one of the first things that lenders look at when evaluating your finance application and will help you gain approval for a finance product. Increase your deposit Putting down a larger payment upfront may reduce the amount you need to borrow making it more likely for lenders to approve your application.
Get a free no-obligation quote by filling in our quote form. If you’ll be approved in theory by one of our panel lenders, we will reach out with your offers and explain what you have available. We will be able to answer any questions you may have and we will leave you to find your perfect car (or you might already have one in mind!). You can search our vehicle stock or let us know about a car you have found elsewhere. Use our calculator to find out how much you could afford to repay monthly.
