Bad Credit Car Finance

Getting you from A to B, with affordable monthly payments

Representative 49.9% APR (variable)

Representative Example: Borrowing £4000 over 36 months, repaying £195.16 per month, total repayable £7025.76. Interest rate 49.9% (variable). Subject to status.

We don’t offer false promises or hidden catches - just car finance loans, even if you don’t have the best credit score!

Why choose Amigo Loans for bad credit car finance?

No fees & no deposits

Award winning, trusted lender

One affordable monthly payment

What is bad credit car finance?

Life won’t always go to plan, and if you find yourself with a less than perfect credit score, you may struggle to get car finance from banks and dealerships. Well, we thought we’d come up with a solution - bad credit finance loans from Amigo.

Even if you don’t have the best credit score, with the help of a guarantor we could still help get you on the road!

Guarantor car finance

Amigo Loans was created to help those shut out by the banks and other mainstream lenders. When we make lending decisions, we don’t look for perfect credit scores - instead, we ask you to provide a guarantor and will make sure the loan repayments are affordable and responsible based on your income, outgoings and financial situation.

Instead, we ask that you have a guarantor. That's someone who trusts you to keep up the repayments and who agrees to cover them if you don't. By basing our loans on trust, this means we can accept customers that many other lenders wouldn't. And just to put your mind at ease, finding someone to be a guarantor on your Amigo loan is actually pretty easy. They just need to meet these criteria:

Aged 23-75

UK homeowner or have good credit

Happy to pay if you don't

We always recommend asking a homeowner to be your guarantor first. A guarantor doesn't need to own their home but it could help their chances of being accepted. We'll always try to avoid your guarantor needing to step in, but just in case they ever do need to make any payments on your behalf, they'll also need to have a good credit score and be able to comfortably afford the repayments.

Award winning for a reason

We don't want to brag, but...

Moneynet Award

Moneynet Award 2020

Best Mid Cost Loan Provider

Consumer Credit Award

Consumer Credit Award 2019

Best Guarantor Loan Provider



Best Credit Builder Product

Best Companies

Best Companies 2019

2 star 'outstanding' accreditation

Business Excellence Awards

Business Excellence Awards 2019

Excellence in Financial Technology

Credit Excellence Awards

Credit Excellence Awards 2018

Alternative Lender of the year - Finalist

...yeah. Not bad, right?

What are the advantages of guarantor car finance?

Still not convinced? Here's a few more reasons why we think you should apply for an unsecured guarantor loan over traditional car finance:

1 No fees or deposits on your car loan

If you get a guarantor loan directly from Amigo to buy your car, there's no additional fees or any need to pay a deposit. We also never charge any fees for late payments, letters, settling early or overpayments. Basically, no fees ever. Easiest way to remember it is to think 'zero'.

2 Affordable monthly repayments

As part of the application, you’ll get access to our online budgeting tool. This puts you in the driving seat, allowing you to pick a repayment plan so you can be sure the monthly payments suit you and your budget.

3 Could improve your credit score

Even though you need a guarantor, a car finance loan from Amigo will be on your credit file in your name and your name only. If you keep up the repayments as well as your other bills, this could help improve your credit score.

Just like a personal loan, you can use a guarantor loan to finance anything you need for your new car. One loan with Amigo could cover your car insurance, road tax, any extras such as servicing, and the new car itself, all with one monthly payment. Pretty neat, huh?

What is guaranteed car finance?

If you've been shopping around, you may have come across the term “guaranteed car finance”. Sounds good - why don't Amigo Loans offer that?

Well we don't want to burst anyone's bubble, but some companies will try to lure you in by suggesting you're guaranteed to be approved for a car finance deal when you're not. Best to check the small print and be careful around companies using it.

It's not to be confused with the guarantor car finance loans from Amigo, either. Our guarantor car finance is about having someone to back up the repayments for your new car if you stop making the payments yourself. No hidden catches or false promises - just the finance you need, when you need it.

For more information on guarantor loans, head to our guarantor loans page or use our loan calculator to find out how much you could borrow towards your dream car.

Have a question?