Frequently Asked Questions

We believe in using the information and questions our dealer partners and customers ask us rather than the generic FAQ’s seen on most websites.

Creditas Financial Solutions Limited submit your finance application to the most appropriate lender for your circumstances and needs. We will receive a commission from the lender for this service. You will never be, directly, charged for our credit broking services.
The interest you will pay is determined by your circumstances, your credit history, the term of the car loan and the finance company who accepts your car credit application. The term used by most finance companies is ‘subject to status’: this means that it is subject to the risk that the customer poses. This is based on their financial history and any number of other factors, which can vary between lenders.
With many of our lenders you do not need to. However, if you do have some funds to contribute this could help get you a better car finance deal.
If you take your part exchange to your chosen car dealer. They will give you a part exchange value against your new vehicle and this figure will be deducted from the cash price and the remaining balance is what you will finance.
Absolutely you can. We urge that you do your due diligence and take all reasonable steps to make sure that the dealer is a reputable car dealer and is regulated by the Financial Conduct Authority (FCA). We can recommend a selection of our Creditas approved car dealers in your area.
No, we can arrange a range of different finance options, such as van finance, caravan finance, motorhome finance, campervan finance, motorbike finance, road legal quadbike finance and horsebox finance.
We, maybe able to help you but the overall cost of loan will be more expensive than if you had a good credit rating. All the loans we arrange are subject to status.
Simply click on one of our ‘apply for finance’ tabs and complete the online application form. Alternatively, you can speak to one of our customer services team on 01943 873 277.
Generally, the minimum information you will be required to provide will be proof of your identity, personal details including address and address history, driver’s license and proof of income. Most lenders will conduct a full (hard credit check against your credit profile this is to understand your financial history and current financial position), some lenders may also require more information to assess your application.

The major difference between a soft search and a hard search is a soft search does not affect your credit history by leaving a mark that lenders can see, a hard search does.

A hard search provides lenders with an in-depth look at your credit history, this enables them to see what credit agreements you have had in the last 6 years and also how you have managed them.

We will only send your application to the lender/s most suited to your needs and requirements, we will conduct an initial soft search against your profile which will then match you to a risk score based upon your credit profile. This score will determine which lender/s will consider your credit profile, along with the vehicle you choose, the term of the agreement and the amount you wish to borrow our unique system will only then send to the lender/s that will fit to all your needs.
If we obtain you an approval with a lender, typically these are valid for 28-30 days however this can depend on the individual lender you have been accepted with.
In most cases, within the hour. This can vary occasionally depending on how quickly the lender can confirm the terms of the agreement with us if they have to some more investigating and how long it takes us to contact you.
Thankfully not, most of our lenders now offer e-sign documents which means that you can sign your documents virtually anywhere at a time which is convenient to you.

Apply For Finance

Use our finance calculator to get a finance quote. Please note our car finance calculator is for illustration purposes only. The interest rate that you receive from your motor finance provider, or the fees they may charge, can vary significantly depending on your personal circumstances.

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Become a Dealer

With a simple process, your own account manager and our on hand our team of dedicated professionals it couldn’t be easier. As an FCA regulated dealer we can offer the opportunity to directly propose into our automated system and in most cases, we can have a decision within minutes.

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The Creditas Ethos

The Creditas ethos is built around the customer, our ethical approach concentrates on the best financial solution for each individual.