Car Finance FAQs
- What proof of income do you need for car finance?Read More about What proof of income do you need for car finance?
Car finance lenders need to know your income to double-check that you can comfortably afford the loan you’re being offered. You can provide proof of income whether you’re employed or self-employed by providing recent payslips, bank statements, or copies of your company accounts if you own a limited company.
- Do I need a full driving licence for car finance?Read More about Do I need a full driving licence for car finance?
While it can be easier to secure a car finance agreement if you have a full UK driving licence, it is possible to get a loan if you have a provisional licence, an EU driving licence, or no licence at all. However, many lenders will ask you to upload a copy of your driving licence to serve as proof of identity.