Let’s say you want a car for some reason, whether it’s just for hire for a week with family, or maybe it’s so you can take your kids around from one place to another, either way you want to have the right car for you. You also want to be able to make sure that you can actually afford it. On top of this, the added worry of not being accepted onto a finance scheme or being able to get any type of finance because of your poor credit history.
That can sometimes be an issue and you may be worried that people will not think you’re reliable and that you do not have the good credit history to be worthy enough of it. Well, this isn’t always necessarily true.

Photo: Pixabay
There are plenty of ways that you can get car finance even if you don’t have a great track record. With a loan to buy a car you can have access to anything that you need and many companies will offer a loan even with your poor credit. The options are there!
Driving is daunting enough, the worry of looking after the car, the stresses of long car journeys and the fear of not being able to handle the road, if you have not driven in a while. However, with the worry of finance being put behind you then it is very easy. Your credit score has probably affected you in other areas. The minimum credit score for approval is just 500, though, but if it is below this, usually around the 460 mark, then this is when you may start to have some problems. Loans are a great way for people with bad credit to finance their purchase. You can also take out an unsecured loan with poor credit, as many times this is the only product you can be lent. However, you should also know the problems with secured loans, and you must only consider a secured loan if you’re positive in your ability to repay.
You don’t want to risk your home or business for the sake of a new car, but again, research every company thoroughly to ensure that their rates and their reviews are good and that they have good customer service. Often bigger companies do not have great communication lines which isn’t good if you’re wanting to contact someone on the telephone. However, it is doable, if you shop around!
So there you have it, poor credit should not stop you from having a car, but it may make you rethink your ways to do it and perhaps your budget surrounding a new car. Keeping it realistic and ensuring you buy a reliable and cost-effective car will also be another bonus if you’re looking for a car with poor credit. You can always buy second hand but you must also then ensure that you are covered on insurance just in case the car breaks down or needs any major repair work not long after its purchase.