Free guide for people with a default or past credit issues
Free guide for people with a default or past credit issues

Car finance after a default: what changes a lender's answer

A default is not the end of the conversation. These are the things specialist lenders tend to weigh most.

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Free guide for people with a default or past credit issues

What should you have sorted before you apply?

Work through each point in order. Every one is something you can check or prepare yourself.

  1. 1Whether the default is paidA paid default usually reads better than an unpaid one. If yours is still owing, ask the creditor for a payment arrangement in writing.
  2. 2How old it isRecent conduct matters. A default from years ago with clean repayments since tells a different story from one last month.
  3. 3
  4. 4
  5. 5

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