What is a car loan eligibility checker?
If you are not sure if you’re eligible for vehicle finance you can apply for a decision in principle with our car loan eligibility checker
What does a decision in principle mean?
- Gives you a good indication if you’re likely to be accepted for car finance.
- Your credit file will not be affected by our soft credit check
Why get a decision in principle?
This car loan eligibility checker gives you an idea if your application will be successful. Whilst it is a good indicator it is not a full offer of finance but lets you know if it will likely be accepted.
We may still require the below:
- A full application for finance being submitted
- An assessment of your capacity to afford any finance offered
- Identity checks
- Vehicle meeting criteria
A credit reference agency “soft” search will be conducted. However, this soft credit search does not affect your credit score.