Get Insurance QuotesGet Finance Quote
Home > FAQs > Car Finance > What Documents Do You Need for Car Finance

What Documents Do You Need for Car Finance

The Lender’s Checks include Proof of Identity and Personal Details

Read below to understand what documents you need to provide for the lender to process your car finance application. It’ll be much easier if you know in advance.

These documents needed for car finance applications will be requested no matter whether your credit is excellent, fair, bad or even been refused car finance elsewhere and are typically the same throughout the UK.

The documents you’ll need to complete your car finance application can vary depending on the lender that approves you. When the lender requires additional documents/paperwork, we’ll notify you and sort all the admin.

We work with lenders that can help people find bad credit car finance, even if they’ve been refused elsewhere.

What paperwork will I need to apply for car finance?

Personal Details

You’ll need your details to start the application the usual full name, date of birth, and address. This basic information is sufficient to identify your application and conduct a soft check on your credit history.

Proof of Address

When completing your car finance application, double-check your address lender’s request for proof of address especially if you’re not on the electoral register). You’ll likely need to show a gas, electricity, water or Council Tax bill no more than sixty days old.

Driving Licence

A driving licence is a must when you apply for a car loan; it doubles up as your photo proof of identity. An alternative to your driving licence is a passport; however, additional checks regarding licence status will need to be made with the DVLA. Few car finance lenders will accept an application with a  provisional licence, and even fewer without a licence.

Proof of income

Lenders want to know if you can afford the repayments and require proof of income, usually copies of bank statements for three months.

Bank Details

When you accept an offer of finance, you’ll need to give bank details for the account you are to make your monthly payments.

Photo Identification

Occasionally you may need to supply a selfie photo. When you make an online application, if the lender is struggling to identify who you are, then for your protection, it’s the norm to ask for you to provide a photo holding your driving licence to ensure that nobody is impersonating you.

Related FAQs

Am I Eligible for Car Finance

Your car finance eligibility will depend on the lender that you apply with. Each lender has different eligibility criteria that they consider.

However, you must be over 18 years old and have been a UK resident for at least three years to qualify for a loan.

What Checks are Done for Car Finance

Applying for car finance can be a reasonably stress-free experience. However, as you would expect, the lender must carry out specific checks to verify and protect your identity and establish you can afford repayments on the amount you want to borrow.

What proof of address do you need for car finance?

To be approved for car finance, most lenders will require you to have at least three years’ address history in the UK. You can provide proof of your address by supplying copies of your recent utility bills, your Council Tax statement, or your Tenancy Agreement if you rent. These documents will usually need to include your full name and address.

Can I Get Car Finance If Unemployed

Being unemployed and wanting to buy a car on finance can be challenging without a reliable income. However, depending on your circumstances, getting a car loan when unemployed is doable, especially for those receiving a pension or benefits and a good credit score or an upfront deposit makes securing a car finance deal easier.

Browse Categories