Car Finance on Benefits
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.
HP
PCP
Car Finance Calculator
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 on Benefits UK | Bad Credit Accepted
Can You Get Car Finance on Benefits in the UK?
Whether you're employed part-time, self-employed or solely receiving benefits, lenders focus on:
- Your monthly income (including benefits)
- Your outgoings and affordability
- Your credit history (even if it's poor)
Car Finance on Benefits with Bad Credit
- CCJs
- Defaults
- Arrears
- Missed Payments
- Low or limited credit history
Car Finance on Benefits Direct Lender Access
- No un-necessary credit applications
- One simple form
- Matching you with the most suiable lender
Do You Need a Credit Check?
- Soft searches are often used initially
- Poor credit does not mean automatic refusal
- Affordability matters more than your scores
Car Finance on Benefits Calculator What Can You Afford?
- Vehicle price
- Deposit (if any)
- Loan term
- Interest rate
What Benefits Are Accepted?
- Universal Credit
- Personal Independence Payment (PIP)
- Disability Living Allowance (DLA)
- Employment and Support Allowance (ESA)
- Carer's Allowance
- Child Benefit
- Working Tax Credit / Child Tax Credit
Why Choose Vizion Finance?
- Access to specialist bad credit lenders
- Support for customers on benefits
- Flexible finance terms
- Transparent, responsible lending
- Friendly, UK-based support
How to Improve Your Chances of Approval
- Ensure benefits are paid regularly into your bank
- Reduce un-necessary monthly expenses if possible
- Provide accurate information
- Consider a small deposit (if available)
- Choose a vehicle within your budget
Conclusion
Start your application today and explore affordable car finance options designed around your circumstances.
Frequently Asked Questions
We are Leading Experts in Car Finance Solutions
Having a vehicle can be essential for you, especially when you’re out of work. Getting to interviews and to the shops is important if you’re hindered by a disability or personal circumstance. We accept that it can be harder to find financial products when you’re not working, but work with a panel of lenders who have provided car finance in such cases in the past! You will have to consider how you’ll demonstrate your affordability, and it could also be useful to have a guarantor. See our guide for more information on secured car finance.
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.
