An IVA on your file doesn't mean you can't get car finance. It means you need a lender who understands your situation. We've helped more than 30,000 people find the right car finance agreement after credit problems.
Most car finance companies look at your credit file and stop there.
An Individual Voluntary Arrangement (IVA) sets off a flag, and your application gets rejected automatically without considering your current financial circumstances.
The same happens with a CCJ – mainstream lenders often decline automatically, even when your current finances are well managed.
Having an IVA is a sign that you’ve agreed to manage your debt responsibly, and that shouldn’t prevent you from securing car finance.
You still need to get to work, do the school run, or even drive to care for a family member or someone you’re responsible for. These are situations applicants who come to us commonly find themselves in, and we’re here to help. We look beyond your credit report.
For illustration purposes only. The rate and payment you may be offered will be based on your individual circumstances.
Concept Car Finance Limited is a credit broker, not a lender. Credit is subject to status.
£0.00
at 14% APR
Vehicle Price: £0.00
Deposit: £0.00
Amount to Finance: £0.00
APR: 0.00%
Admin fee: £10
Total Cost of Credit: £0.00
Total Repayable: £0.00
At Concept Car Credit, we know you’re more than just your credit score. We look beyond your credit rating and delve into your personal finances and your affordability. This helps you access car finance.
Here’s why so many people come to us to get car finance with an IVA:
Fill out your details below to submit your application
Concept Car Credit is a specialist broker working with a panel of nine lenders who regularly consider applications from people in an active IVA or looking for car finance with poor credit history. If you’re dealing with bad credit car finance on top of your IVA, we can help with that too.
Your insolvency practitioner – the person managing your IVA – needs to confirm your car finance is affordable before we go ahead. But we can walk you through the process and help you every step of the way. Once you’re approved, you’ll be able to pick your new car from our range of more than 200 serviced vehicles and be ready to drive away – often on the same day!
Fill in our short online form. We run a soft credit check only, but this doesn’t affect your credit score and doesn’t leave a footprint on your file.
With nine lenders on our panel, you’ll find one that’s best suited to your circumstances. Your IVA status, income and monthly budget are all assessed as part of a bigger picture.
Your insolvency practitioner confirms your finance deal is within the terms of your arrangement. This is a standard step. We’ll tell you exactly what to ask for and what to expect.
We have over 200 cars available at our Manchester showroom. Every car is inspected by our in-house team before it goes on sale. You can visit, test drive, and drive away the same day.
Your finance is fully approved before you drive away, so there are no surprises.
For the best car finance deals, shop used cars on finance with Concept Car Credit.
Our online form takes a few minutes to complete and won't affect your credit score. If we think we're a good fit to help you find used car finance with an IVA in place, we'll tell you and outline your monthly payments.
Yes.
Mainstream lenders are unlikely to approve you for PCP car finance, but specialist lenders consider IVA applicants. We have 9 specialist lenders on our panel, and we can match you to the one most likely to approve your application based on your current situation.
No. We run a soft credit search when you apply.
This does not appear on your credit file and does not affect your score. A hard check only happens later, with your consent, if you decide to proceed with a finance offer.
Yes.
Your IP needs to confirm that the finance is affordable within the terms of your IVA before we can complete the arrangement. This is a standard step, and most IPs are familiar with the process. We will tell you exactly what to ask for.
This depends on your income, monthly budget, and your IVA terms.
We assess affordability carefully, and we’re not going to recommend a payment you can’t manage. Your monthly payment is agreed and fixed before you drive away.
No, a deposit is not required for our car finance applications.
We have 0% deposit options available. Confirm with us at the point of application, as this may depend on the lender and vehicle.
We offer Personal Contract Purchase (PCP). Here’s how it works:
You have three options at the end of the agreement:
Talk to us. We can adjust your repayments if your financial situation changes. We have been doing this for over 20 years, and we understand that life does not stay fixed.
