Whether you want to get car finance for bad credit, a car lease with bad credit or just get a car loan even though you have bad credit we are all in the same boat. If you have been refused car finance it may be because you have a bad credit rating, although it has been known that people with a high credit score have been refused a car loan too.
The problem with getting a loan or getting credit is that there is not one big organisation that keeps tabs on us all. There are about 3 major financial services companies in the UK that lenders can get a credit rating on an individual. If you ask for credit at one place they might refuse whilst you ask for exactly the same credit at another firm and they accept you. This is because they may be getting their credit information from different sources for which each has a different rating on your record.
If you are having trouble getting car finance with bad credit then it may be worth while getting yourself a credit score report. You can get this online and some companies give you your score without any charge the first time that you request it. This will give you an idea of how the car finance companies are seeing you as a potential customer.
Once you have your credit score you can approach some of the car financiers. Each one you go to will have different requirements and the person who is inputting your details into the computer will probably not even have access to your credit score or see the reason for your refusal if that happens. You will find however that each company has differing requirements and so whilst one may refuse you credit another will accept you.
So you can approach car dealerships directly who can deal with people in bad credit situations or you can approach a car finance company directly to get the money for a new car. There are now many specialist lenders who deal with adverse credit and may be able to get you a deal themselves or through one of their providers.