The Car Loan Centre

Welcome to your Saved Cars

Vehicles you have selected are stored here so you can review them later.

Simply click the Save your favourite cars button to save up to 6 vehicles that you are interested in to store them in your garage.

Used Car Finance

cars parked in showroom available for used car finance

Used Car Finance

There’s nothing better than finding a second-hand vehicle at the right price and condition that meets your every requirement. Being able to easily finance the purchase without any worry about having a bad or poor credit history makes it even better. At The Car Loan Centre, we can help with 2nd hand car financing, with a focus on what you can afford to pay, rather than what your credit rating shows.

With 100s of vehicles available to choose from, all you have to do is request a callbackrequest a callback and speak to our team to see how we can help when looking for the best used car loans. Tell us how much you want to borrow, the type of vehicle you’re looking for and our friendly team will be happy to discuss your second-hand car loan options to get you driving away happy. Alternatively, click apply now to get a fast track decision!

Second-Hand Car Finance with You in Mind

It can be a time-consuming process finding a used car that meets not just your budget, but also your driving needs. Whether you want a car large enough to fit the whole family, or a compact city car to get from A to B with efficiency. Our team understands how overwhelming searching for the right vehicle and affordable car loans can be.

Little Run-arounds

Vehicles for your everyday needs from commuting to work, popping down the shops or even as your first car.

Vehicles for the Family

Cars that become a member of the family doing the daily school runs, day trips across country and chauffeuring around the kids.

Premium Cars

Cars that are more than just a machine but your pride and joy, a spectacle of design and engineering.

New Stock Daily!

New Stock Daily!

If you’ve been exploring second-hand car finance options online, you may have found that some lenders have been unable to help due to restricted lending requirements and a preference for choosing applicants with good to excellent credit scores. This can leave you feeling frustrated if you can afford the used car finance amount you want, but have a bad credit rating. Luckily, our experienced team are here to help. We strive to be different from other used car loan lenders and are able to help, offering guidance every step of the way.

Young family waving whilst standing next to car purchased with used car finance

Reason for Car Finance to be Declined

At The Car Loan Centre, we can help you find the vehicle you need from our huge range of cars in stock, and provide 2nd hand car financing, with approval based on what you can afford. Yes, you may have a credit history reflecting difficulties in the past, but we look beyond this and focus on your affordability in the present for the finance you require.

Young family waving whilst standing next to car purchased with used car finance

We do not rely on computer-generated scoring, and whilst we will perform a credit check, we will not use your credit score to influence our lending decision for our used car finance. Many people who have looked forward to getting a car loan for used cars, only to be refused by lenders who focus on their less than perfect credit score, have been left without many options even though they have the affordability to make repayments on time. We are happy to consider applicants for 2nd hand car financing who may have had a history of arrears, defaults or even CCJs in their financial history. If we can see you have the current affordability during our application assessment, there’s every chance we can approve your used car finance and find you the perfect vehicle.

How Our Used Car Finance Works

We’ve made applying for our used car finance as simple as possible so you can be approved quicker and drive away happy with your new car ASAP. You‘ll need to meet the following eligibility requirements before choosing to apply for our trusted second-hand car finance:

  • Be aged 18 or over (no maximum age)
  • Hold a valid UK/EU Driving Licence
  • You are a current UK resident
  • Employed, Self Employed or on a benefits only income
  • Not currently bankrupt

If you can meet the above criteria, we are more than happy to receive an application for second-hand car finance today. During your application, we will require additional information including proof of ID to confirm your identity, proof of address and at least your last few months bank statements. We will then be able to assess your application fully by considering your current income and expenditure and provide a used car loan that works for you.

Approved Used Car Finance

Once approved for used car finance, you’ll be able to choose from one of many high-quality vehicles we have in stock, with more arriving regularly. Each vehicle has been thoroughly checked and comes with an MOT, warranty and 128-point inspection so that you can be assured of the quality we provide. If you’re ready to start an application for used car finance, please click apply now, or if you’d prefer to speak to our team first, please request a callbackrequest a callback today.

Used Car Finance FAQs...

We will perform a credit check when you apply for a second-hand car loan through us, however, we do not use your credit score to base any of our lending decisions. The credit search enables us to review your financial history, however, we place importance on what you can afford over any issues you’ve had in the past. You can apply in confidence even if you have arrears, CCJs or defaults previously, as long as your current income and expenditure reflects that you can afford the loan. The only situation we cannot help is if you are currently bankrupt or going through bankruptcy proceedings.

We do require at least one person on the application has a Full UK/EU Driving Licence, in the case of joint applications. Unfortunately, if it is a solo application you will need to have a Full UK/EU Driving Licence to be able to take advantage of the best used car loans for those with bad credit.

Yes, we can deliver your chosen vehicle once we have approved your loan, but you do have the option to collect from either our Essex or Manchester locations if you prefer. We want to make receiving your new car as convenient as possible, so we arrange nationwide delivery at a small fee wherever you live in the UK. Please discuss this with your representative at the time of your application.

Request A Callback

But Why Wait?

Our new FAST TRACK  form gives you an Agreement in Principle* Immediately

ATTENTION: We have been made aware that one of our company names (Asset Exchange Holdings Limited), registered address and company number have been used by websites such as and These websites are nothing to do with our group, and our details are being used fraudulently. Please do not access these sites, enter any information on them or use them to pay for any goods or services, as there is a risk that you could be defrauded. The Company, its Directors and Shareholders cannot be held responsible for any loss suffered due to the use of these websites, or the purchase of products and / or services through said websites.

We are working with all relevant bodies, including law enforcement authorities, to resolve this matter.

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.

We are a lender, and not a broker, and operate with a flat interest rate for all customers. We pay our sales team a flat rate of commission for vehicles sold, and this does not affect the terms of your agreement, nor is it affected by your choice of vehicle or the terms of your finance. We may receive commission from other third parties as a fixed fee or fixed % of commission to us for introducing you to their services with your consent. If you elect to purchase one of these 3rd party products/services we may pay our sales person an additional commission for this, For example if you choose to take an extended warranty. If you would like a breakdown of all third parties who may pay us a commission in certain circumstances this can be provided on request.