Eligibility

Car finance with CCJs, defaults or an IVA

How CCJs, defaults or an IVA can affect a car finance application and what lenders may assess.

Representative 19.9% APR. Credit broker, not a lender. Selected panel, not the whole market. The vehicle may be used as security.

CCJs, defaults and IVAs can reduce lender choice, but each application is assessed on its own facts. The date, amount, status and recent conduct can all matter.

How it works

Review your credit reports.
Disclose relevant details honestly when asked.
The lender assesses payment conduct, income and commitments.
Any offer may have a higher rate or different terms.

What to check before you apply

Whether an IVA supervisor's permission is needed.
The age and status of adverse records.
Whether repayments leave a genuine buffer.
Free independent debt advice if needed.

A realistic note

New borrowing should not hide an unaffordable position. MoneyHelper, StepChange and Citizens Advice can provide free support.

Frequently asked questions

Must I declare a CCJ?

Answer every application question fully and accurately.

Can I borrow during an IVA?

An IVA normally restricts credit; speak to the supervisor first.

Will the APR be higher?

It can be, depending on the lender's assessment.

Important: We Do Car Finance is a credit-broking service operated by Sandhurst Associates Limited. We are not a lender. Finance is subject to status, affordability and lender criteria. Acceptance is never guaranteed.

Representative example

Representative 19.9% APR

A complete example for a Hire Purchase (HP) agreement. Your rate and payments may differ because they depend on your circumstances and the provider's assessment.

Agreement type: Hire Purchase (HP)
Cash price: £12,000.00
Deposit: £0.00
Amount of credit: £12,000.00
Interest rate: 18.29% p.a. fixed
Duration: 60 months
Repayments: 60 monthly payments
Each repayment: £306.60
Other charges: £0.00
Total charge for credit: £6,396.00
Total amount payable: £18,396.00
Representative APR: 19.9% APR

The vehicle may be used as security and could be repossessed if you do not keep up repayments. Finance is subject to status, affordability and provider criteria. There are no additional charges in this example. We are a credit broker, not a lender.

Take the next step

Ready to check your eligibility?

Start with no obligation. Where available, the initial check uses a soft search; a provider may use a hard search before a final decision.

Check my eligibility

Representative 19.9% APR. We are a credit broker, not a lender, and search a selected panel rather than the whole market. We do not charge you a fee. We may receive variable commission from a provider, which may affect the option we introduce. The vehicle may be used as security. How our service works.