Answered: Income Requirement For Car Finance | U Car Finance UK
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What Is The Income Requirement?

What Is The Income Requirement?
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What Is The Income Requirement?

Here at U Car Finance, there are no strict requirements regarding your income. We offer an array of finance deals that caters for all levels of Income; we take into account all circumstances, whether you have a full-time, part-time, self-employed, work for an agency or retired. We can help you get the most competitive rates for your car finance, relative to your circumstances from our carefully selected panel of lenders.

If you are self-employed, own a business or you are retired, we usually ask for you to declare your income, this can be in the form of payslip from your employer or a bank statement. This allows us to calculate your repayment affordability and find the most suitable product for your specific needs.

We take pride in responsible lending practices, this includes treating each individual on a case to case base, and this allows us to factor in all different variables, discuss your situation in depth and help guide you through possible options available.

Regardless of whether your income is high or low, we have finance options available for everyone. If you currently have or had CCJ’s, or you filed for bankruptcy in the past, with U Car Finance, we have 100’s of financial products to suit your car finance needs, even if you have Poor Credit, we can still help you.

I Am Unemployed, Can I Still Apply?

Yes! With a large panel of lenders, our applicant very from individuals who receive benefits such as tax credits, child benefits, jobseekers allowance, disability living allowance (DLA), individuals with no bank account or even individuals with student overdrafts. We treat all our applicants on a case to case base, and this allows us to factor in all different variables to get you approved for your car finance.

It is important to acknowledge that we will look for some form of income on your application.  If we consider your income, and we believe that you cannot sustain your repayments, we will advise you to consider a Guarantor loan or a joint application. This will heighten your chance for approval.

Use our finance calculator to see what you could borrow today; our finance calculator can give an idea on your monthly repayments based on your credit rating. Alternatively, you can call 0330 445 5505 and talk to one of our friendly members of staff who will help you with any queries.

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U Car FInance
U Car Finance is one of the leading UK Car Finance Brokers, we are dedicated to giving our customers the best service as possible. We accept people who have been refused elsewhere, people with good credit, bad credit and people with no credit history at all.

Our Address

U Car Finance
208 Victoria Street (Ground Floor)
Oldham, OL9 0DA
United Kingdom

Opening Times
Mon-Fri: 9.00 am - 7.00 pm
Saturday: 9.00 am - 5.00 pm
Sunday: Closed

Our Contact Infomation

Contact us if you have any questions.

Click Here For Contact Form
Phone : 0330 223 4384
Email : info@ucarfinance.co.uk

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