Missed Car Finance Payments & Bad Credit History

Matthew Gloag;
October 22, 2024;

Protection

Consider insurance options like income protection or car insurance to safeguard against unforeseen circumstances. 

Communication

If you anticipate difficulties making a payment, contact your lender as soon as possible. They may be able to offer temporary relief or discuss alternative payment arrangements.

Female driver

By taking these steps, you can reduce the risk of missing payments and protect yourself from a bad credit history. Even if you don’t have the best credit score, you can still source bad credit car finance. 

Remember, a good credit score is a valuable asset. It opens doors to better financial opportunities. Use our final guide on how to improve your credit score.   

Get a Car Finance Quote

CarMoney LIMITED is authorised and regulated by the Financial Conduct Authority (FCA) for consumer credit activity and our registration number is 674094. Representative 18.8% 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.