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The Asset Exchange Limited trading as The Car Loan Centre – In Administration
I advise that The Asset Exchange Limited was placed into administration on 28 February 2024, with Ian Corfield, Geoff Rowley and Glyn Mummery of FRP Advisory Trading Limited appointed as joint administrators.
The affairs, business and property of the Company are being managed by the Administrator(s) and who act as agents of the Company without personal liability.
A list of our Insolvency Practitioners and their respective licensing bodies is available at https://www.frpadvisory.com/legal-and-regulatory-notices/#appointmenttakers.
Insolvency Practitioners are bound by the Insolvency Code of Ethics when carrying out all professional work relating to an insolvency appointment.

At present it is uncertain that goods and services ordered before we entered administration will be supplied. If you have made a deposit for or paid for goods or services by credit or debit card (including charge and pre-paid cards) and you are advised that goods/order is not going to be fulfilled as expected, you may be able to get your money back by claiming a refund from your card issuer. There may be time limits that apply.
Please contact your card issuer as soon as you can if this may apply to you (there is no need to wait until the due date before contacting your card issuer). Further information can be found here Debit & credit card chargeback: protection on faulty goods - MSE (moneysavingexpert.com).

Welcome to The Car Loan Centre

Bad Credit Car Loans

Here at The Car Loan Centre, we specialise in offering car finance for bad credit history applicants. We consider all circumstances and we really can help you get a new car with our bad credit car loans. Been declined elsewhere when looking at buying a car with bad credit? We can help provide you with car finance, even if you have bad or poor credit. If you have a CCJ, Default, or have got into arrears or even been previously bankrupt, we can offer bad credit finance. Do you currently have a Benefits only income? Or are you Self-Employed and finding it difficult to purchase the vehicle you want? We’re proud to offer our customers a service they may not easily find elsewhere, considering more than just your credit score*; in fact we don’t use it at all!

You can apply through us today in confidence that we will take your current circumstances and base a decision on what you can afford to pay. We do not rely on an automated response based on your credit score* when assessing your application for quick car finance. We take a personal approach and review all applications individually, all whilst following FCA guidelines as a responsible lender.

As our finance is based on your affordability as opposed to your credit score*, we're able to approve many more customers. To find out more information, you can view what our customers have previously queried in our FAQs. If you want to apply for our Bad Credit finance and already have a vehicle in mind, you can view our cars currently available and find the ideal vehicle today.

We really can consider ALL circumstances here at The Car Loan Centre. Even if you have been declined and refused car finance by other lenders, find out how we can still help you today in the same way we’ve helped 1000’s of customers already.

Buying a Car with Bad Credit

We consider those who have had past or present difficulties which means we can say YES to more customers than many other lenders. Even with this in mind, we are still unable to "Guarantee" you will be accepted, but we’re able to approve more customers than most for our bad credit car loans!

We can make buying a car with bad credit simple. You won’t have to worry about having really bad credit as car finance with us is based on your affordability. We’ll always strive to get back to you as quickly as we can to get you in the driver’s seat and back on the road. If you’ve already made your mind up, view our cars available and click apply now.

The Car Loan Centre FAQs

Do You Search My Credit Report?

We work differently here at The Car Loan Centre, in that your credit score* is not a factor in deciding to lend to you. When we look at your financial history, this is a smaller element to build the lending process, with us focusing on your affordability first and foremost. This is how we can provide finance for bad credit. To help aid our decision in deciding your affordability, you should be able to provide the following information:

  • Proof of ID
  • Proof of Address
  • Your last 3 month’s bank statements

Once we have received this information, we will be able to make a clearer and more accurate lending decision.

Can You Still Lend to Me if I Have a Default or CCJ?

Yes, the good news is we can offer CCJ Loans finance options even if you have various forms of bad credit including CCJs or Defaults. In fact, as long as you are not currently bankrupt or filing for bankruptcy, we could help you. As bad credit car finance specialists, we are happy to offer financial help to those that have been turned away elsewhere. Please contact us to find out more by requesting a callbackrequesting a callback or applying today.

How Old Do I Need to Be to Apply?

The minimum age we can accept a finance application from is 18 years old. Our lending is based on your affordability and we can help even if you have No credit history. You can apply whether you are in full time education, employment or receiving benefits.

Can I Get Guaranteed Finance with You?

No car loan lender can provide guaranteed finance. We consider many different circumstances to help broaden the range of people and situations we can help. However, no loan is guaranteed for approval as it is subject to initial checks of your credit history and affordability. If you have any queries, please contact us directly.

Looking for Financial Support?

If you feel you could benefit from free, impartial debt advice you can access help from The Money Advice Service, a not for profit debt advice body here.

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At The Car Loan Centre
we want to put you back in the drivers seat

The Car Loan Centre is a trading style of The Asset Exchange Ltd. The Asset Exchange Ltd is authorised and regulated by the Financial Conduct Authority, firm reference 729827. Registered Address: The Car Loan Centre, 77 Wollaston Way, Burnt Mills Industrial Estate, Basildon, Essex, SS13 1DJ, registered company no: 08679485.