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What can I do if I’ve been refused car finance?
What can I do if I’ve been refused car finance?
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Written by Team Carki
Updated over a year ago

If you’ve recently been denied car finance, you may be wondering why. It's always worth asking, as some lenders may be able to provide reasons for the denial. Common reasons include a low credit score, a vehicle that doesn't meet their criteria, or errors on your application.

It's important to avoid making multiple applications right away, as each hard credit search leaves a mark on your credit report. Too many searches in a short period of time could make it harder to secure finance in the future. If waiting isn't an option, consider looking for a more affordable vehicle to increase your chances.

Don't let bad credit hold you back forever. With some effort, small steps to improve your credit score can make a big difference over time.

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