The UK’s Leading

Bad Credit Car Leasing

Specialists Since 1999

Yes you can get a car lease with poor credit.  Simply complete our online application for personal or business leasing.

We will ask you to submit some additional information to assess your ability to afford the monthly lease payments.

Your poor credit history is therefore not an obstacle to car leasing.

If you have never had a loan or taken out credit we understand you won’t have any credit history.

Demonstrate to us that you can afford the lease payments, and we can help you lease a vehicle with no credit.

You will need to supply us with bank statements and proof of employment.

A credit check is required to comply with the Financial Conduct Authority and anti-fraud regulations.

We only perform a credit check once we have pre-approved your car leasing application.

We check your credit file to confirm your address, and we are not looking at your credit score.

Once we have approved your application, we will post you a leasing contract and ask you to sign and return it.

The next step is to pay the agreed initial payment and the one-off administration fee.

Once we have received your signed contract, and your initial payment funds are cleared we will source your car or van.

If you can satisfy 2 key requirements then you qualify to lease a car:

Are you traceable? It is not simply a question of whether you are on the electoral roll. It helps, but we will not discount an individual if they are not on the electoral roll. We consider a number of other issues such as how long you have been living in your home (you do not need to own it) and how long you have been in your current employment/self-employment.

Can you afford the payments? We review your last three months bank statements to assess whether you are able to afford the monthly payments. We do not use any credit scoring methods.

We welcome applications from customers who have County Court Judgments (CCJs). We look at your current financial situation and whether you can afford the payments to make a decision, and not your credit score.

We welcome customers who have been discharged from bankruptcy. We look at your current financial situation and whether you can afford the payments, rather than use your credit score to make a decision.

We welcome applications from customers who are bankrupt or who have been discharged from bankruptcy. We look at your current financial situation and whether you can afford the payments, not your credit score.

We welcome customers with individual voluntary arrangements (IVAs). We look at your current financial situation and whether you can afford the payments rather than using your credit score.

The good news is you can only lease a car with CVS if you have bad credit. We accept all kinds of poor credit including IVA, CCJ, debt management plans and bankruptcy. As long as you can demonstrate you can afford the monthly payments we can help. We do not use your credit rating to make a decision.

Once you have completed your application for personal or business contract hire, we will ask you to supply some supporting documentation which is usually:

Proof of Identification – Copy of your valid driver’s licence

Proof of Income – Pay slips and bank statements for the last 3 months. If self-employed instead of pay slips please provide your
HMRC SA302 form confirming your latest tax calculation

Proof of Address – You can verify your address by providing a UK utility bill (gas, electricity, water, telephone landline) issued within 3 months. The name and address on the bill must match those in the lease application.

Having bad credit can make it difficult to get car finance through a mainstream car leaser. However CVS do things differently and as long as you can demonstrate you can afford the lease we can help.

Yes, there are many households who do have multiple leased cars in one persons name.

Yes you can – you will need to make a joint application in your name and the name of the person you want the lease for.

Yes, you would need to apply as a joint application.

Once you have been accepted you will be required to pay your initial (first) payment, this would have been agreed during the acceptance process. There are no deposits paid at CVS Ltd we only require your initial payment.

Yes, if you are unable to show affordability you can have a family member or partner go on your leasing agreement contract with you in order to support your application. You can also lease a car for someone else.

We are unable to guarantee every application but in truth no company can, however we have approximately an 85% acceptance rate upon all the required documentation.

Road tax is included as standard, and will be taken care of by Compass Vehicle Services as the registered keeper of your vehicle, throughout the term of your lease agreement.

An MOT is only required on vehicles 3 years or older. It is the customer’s responsibility to MOT the vehicle if and when is required.

Maintenance, servicing and MOT are not included in the lease agreement and it is your responsibility to arrange these. An MOT is only required on vehicles 3 years or older.

Vehicle insurance is not included as standard in the lease agreement and is therefore your responsibility to arrange a fully comprehensive motor insurance policy. For personal contract hire the main insurance policy holder must be you. For business hire the car insurance policy must be in your company name.

Before you collect or take delivery of your car or van we will require a copy of the insurance document for the vehicle.

You choose the car or van you want based on your budget, and requirements. We don’t hold a stock of vehicles, and instead we will purchase the vehicle you want and lease it back to you. So you are not restricted in your vehicle choice.

As standard with all leasing companies, we charge a one-off payment at the beginning of your lease to cover all administration for the duration of your lease agreement. This charge is £100 + VAT. If you decide to renew your lease at the end of the agreement we do not charge you again.

The majority of lease agreements are for 3 years (36 months). However, we tailor all lease agreements to suit your individual circumstances so if you need a shorter or longer lease we can arrange that.

CVS Ltd are the registered keepers of the vehicle, and remain so throughout your lease agreement.

Most of our lease cars and vans are nearly new, and so you should get at least 2 years from the original manufacturer’s warranty (depending on the age of the car when you lease it and the length of the warranty.) It’s worth pointing out that unlike most manufacturers Hyundai give 5 years manufacturers warranty, which means your whole lease agreement would be covered.