Can I get finance if I have poor credit?

You can get finance even if you have poor credit! If you have been refused finance in the past due to a poor credit rating, it can be frustrating. Some mainstream lenders have very strict criteria and will not consider people who have a bad credit history, which can create obstacles for people with CCJs or defaults on their credit file. However, there are options for getting finance for your new truck, even if your credit rating is low.

What factors contribute to a poor credit rating?

When finance companies and lenders check your eligibility for credit, they look at a variety of factors. These factors can include the amount of money that you wish to borrow, your affordability criteria and your credit history. Many different issues can contribute to a poor credit rating.

Your credit score may be low if:

- You already have a large balance of credit, such as a mortgage, multiple credit cards or loans.

- You have missed credit repayments in the past.

- You have defaulted on credit before.

- You have CCJs, IVAs or bankruptcies in your history.

- You have never taken credit before or you do not have a long and established credit history to show you're low risk.

- You have made multiple recent applications for credit which can indicate to lenders that you rely on credit.


However, even if one or more of these factors apply to you, you can still be approved for a finance agreement. Using a broker that can search for the best deals for you is an excellent option to ensure that you find the finance that you need.

How can I get truck finance with a poor credit score?

At Truck2Finance, we can offer finance to people who have a poor credit rating or a bad credit history. In the past, we have helped many people; even those who have multiple County Court Judgements (CCJs). We work with a range of trusted lenders to find you competitively priced finance deals.

We also have low deposit options available. If you have not applied for credit before and you're a new starter, you're also welcome. As a credit broker, we can find you the best deal across multiple lenders.

How does applying for finance work with Truck2Finance?

You can easily apply for finance using our online application form and you will receive a speedy response. Once you are approved for finance, you can choose your new truck from any dealer in the UK and we will even check it for you!

The final step is to complete some paperwork to finalise your finance deal. You will only need to deal with your dedicated application assistant, so the process is straightforward. Your funds could then be allocated on the same day. This means that you could drive away in your new truck before you know it.

To get started, please visit our website today and check our online calculator to see how much you could be eligible to borrow. There will be no impact on your credit score for using this service.