Car Finance No Guarantor

  • No Deposit
  • We help find you the perfect car
  • PCP and HP from 8.9% APR
  • Free car history and dealer quality check
Get a Quote Does not affect credit score
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If you have a bad credit rating, or no credit history to speak of, you may think your only option for car finance is to have a guarantor. But that isn’t the only option, and at CarMoney, we don’t think your individual circumstances should stop you getting a car loan.

Depending on your credit score, some finance companies may ask for a guarantor. A guarantor is someone who vouches for your ability to repay the loan, and agrees to make the repayments if you default on the loan.

However, not everyone has the option of using a guarantor. But that doesn’t mean car finance is closed to you. At Car Money, we will work hard to find car finance with no guarantor – even if you have a bad credit rating. Our car finance ninjas will scour the market to find the right car loans for your individual circumstances. We will slice through the options that don’t suit you, leaving the loan providers that are most likely to approve you.

You can then choose the no guarantor car loan that offers the interest rate and repayment terms that suit you most.

If you have a bad credit rating, and no guarantor available, you don’t need to accept finance with high repayments or interest rates. Our ninjas can stealthily move through the market, slashing interest rates so you get the best rate possible.

Looking for a no guarantor car loan? Contact CarMoney today.

Representative Example: Borrow £6,000 with £1,000 deposit over 48 months with a representative APR of 17.9%, monthly payment would be £171.83, with a total cost of credit of £2,247.83 and a total amount payable of £9,247.84. CarMoney Limited can introduce you to a limited number of finance providers based on your credit rating and we will receive a commission for such introductions this can either be a % of the amount borrowed or a flat fee. This does not influence the interest rate you’re offered in any way. CarMoney is a broker not a lender



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We’ll find you the best deal

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Free check, no mark on your credit score

Improve your credit score with these steps:

Credit Analysis |

Credit Score Analysis

Lenders primarily consider your creditworthiness when determining whether to grant you a car loan. Start by assessing your credit score. A higher credit score generally improves your chances of securing a car loan with no guarantor. Obtain a copy of your credit report and review it for errors. If there are any discrepancies, rectify them before applying for a loan.

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Strengthen Your Credit Score

If your credit score is lower than desired, take steps to improve it. Pay off outstanding debts, make timely payments on current accounts, and avoid opening new lines of credit. Over time, responsible credit behaviour can significantly boost your credit score, making you a more attractive candidate for a loan.

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Save for a Deposit

Putting down a substantial deposit can enhance your eligibility for a car loan, as well as reducing repayments. Lenders might be more willing to work with you if you can offer a larger upfront payment.

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Research Lenders

Not all lenders have the same criteria for loan approval. Some specialise in working with borrowers who have less-than-perfect credit or don’t have a guarantor. CarMoney’s team of finance ninjas will do the leg work for you here.

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Provide Proof of Income

Demonstrating a steady and sufficient source of income can bolster your case when applying for a car loan. Lenders want assurance that you have the means to make regular payments. Collect recent payslips or bank statements to show your income and outgoings.

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Apply for a Credit Card

If you are new to credit, and don’t have a credit history to speak of, you may want to apply for a credit builder credit card. If you manage this well, and make regular repayments, this will show you can handle finance and you’ll see your credit score improve.

So you have the list of potential lenders from CarMoney. Now what? Here are the steps you should take to finalise which lender is right for you.

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Compare Loan Offers

Don’t settle for the first offer that comes your way. Different lenders might offer varying interest rates, loan terms, and repayment options. Compare multiple loan offers to ensure you’re getting the best deal possible.

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Budget Carefully

Getting a car loan without a guarantor might involve higher interest rates due to the perceived risk. Make sure you can afford the repayments, as well as petrol costs, maintenance, servicing and other costs associated with a car.

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All that is left to do is apply for finance! At CarMoney, we have approved over £1 billion of loans in the last 12 months. Apply for finance and you could get a decision within minutes. Nikki are fighting to make cars affordable and accessible for everyone!

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Plan your trips:

Getting a new car gives you a feeling of independence you might not have previously had – and that is exactly why the CarMoney ninjas want you to get the car finance that is right for you. Once your finance is approved, it’s time to begin planning your life on the open road.

Obtaining car finance with no guarantor is certainly possible, but it might require some extra effort. Improving your credit score, researching lenders, offering a deposit, and demonstrating a stable income are all steps that can enhance your chances of securing a car loan on your own.

And CarMoney is here to have your back!

Frequently Asked Questions

What is car finance with no guarantor?

Car finance with no guarantor is a type of car finance that allows you to borrow money to buy a car without having to find someone to guarantee the loan. This can be a good option for people with poor credit or no credit history.

Who is eligible for car finance with no guarantor?

The eligibility criteria for car finance with no guarantor vary from lender to lender. However, most lenders will look at your credit score, income, and employment history when deciding whether or not to approve you for a loan. You may also need to make a larger down payment than you would if you had a guarantor.

How do I find a lender that offers car finance with no guarantor?

There are a number of lenders that offer car finance with no guarantor. You can find these lenders by searching online or by visiting dealerships. Be sure to compare offers from different lenders before you decide which one to go with, and at CarMoney our ninjas can find you the best car finance deals.

What are the benefits and drawbacks of car finance with no guarantor?


– You don’t need to find a guarantor.

– It can be a good option for people with poor credit or no credit history.


– The interest rate may be higher than other types of car finance.

– You may need to make a larger down payment.

– If you default on your payments, the lender could repossess the car.

How it works
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Credit Flexibility

We work with lenders willing to consider all credit profiles, making car finance accessible to everyone.

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Flexible Terms

We offer a variety of repayment terms on our no-guarantor car finance agreements, so you can find a plan that aligns with your budget and needs.

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Quick Approvals

We make getting approved for car finance easy, with fast decisions so you can drive away in your new car sooner.

Join thousands of happy customers

Our customers love our CarMoney Ninjas

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CarMoney Ninja Sean

“Great service, Sean Davidson was great and was always trying to help and give me the easiest experience possible. Thank you very much Sean.”

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CarMoney Ninja Alan

“Alan, who I spoke with on the phone, was amazing! He sorted everything out for me, it was so easy and was able to get my car the very next day. Fantastic!”

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CarMoney Ninja Sophie

“Sophie who sorted my finance out for car was amazingly nothing was too much trouble for her always kept me up to date. Five stars Sophie. Thanks for everything”

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CarMoney Ninja Ellie

“My ninja from start to finish Ellie McGavin I Needed a car it was complete from picking to collecting within 2 days friendly staff great communication brilliant.”

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CarMoney Ninja James

“Excellent professional and courteous service nothing too much trouble James was thoroughly committed to helping me source my car”.

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CarMoney Ninja Frazer

“Frazer from car money made the experience of getting a car simple and easy. Would definitely recommend to family and friends. Thanks again CarMoney!”

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CarMoney LIMITED is authorised and regulated by the Financial Conduct Authority (FCA) for consumer credit activity and our registration number is 674094. Representative 17.9% APR. Over 18’s only. CarMoney IS A BROKER NOT A LENDER.

REGISTERED ADDRESS: Pioneer House, 2 Renshaw PL, Motherwell, ML1 4UF, Scotland.Company Number: SC467274.

All finance is subject to status and income. Written Quotation on request. CarMoney Limited can introduce you to a limited number of finance providers based on your credit rating and we will receive a commission for such introductions.