Good Credit Car Finance

Stoneacre Sheffield dealership building

What’s a good credit score?

A good credit score means most lenders will consider you a low risk to lend money to.

People with a good credit score will have shown historically that they can manage their finances well, have stable employment and will usually be registered on the Electoral Roll.

It’s not necessary to earn a lot of money to have a good credit score, you simply need to show that you make repayments on time and don’t overstretch yourself financially.

Although we can never guarantee car finance for anyone prior to application, the likelihood of you being accepted for car finance if you have a good credit history is high.

Representative Example

Cash Price£16,551.73
Deposit£1,578.78
Term49 months
Payment£367.83
Amount of credit£14,972.95
Fixed Interest4.99%
Representative APR10.62%
Total Charge for credit£3,449.86
Option fee (included in total charge for credit)£399.00
Total Amount Payable (Incl. Deposit)£20,001.59

We are a credit broker and a lender. We can introduce you to a limited number of lenders and their finance products. We will provide details of products available, but no advice or recommendation will be made. You must decide whether the finance product is right for you. We do not charge you a fee for our services. Lenders may pay commission to us (either a fixed fee or a fixed percentage of the amount you borrow) for introducing you to them, this may be calculated in reference to a variable factor such as (but not limited to) the vehicle age, your credit score and the amount you are borrowing. Different lenders may pay different commissions for such introductions.

Stoneacre Rotherham Mushroom Garage finance application

Get accepted for car finance with good credit

We’ve made it really easy for you to find out if you qualify for car finance at Stoneacre.

Our application process

1.Simply fill out our online form with a few details. As we only conduct a ‘soft search’ initially, you’ll get an idea of whether you will be accepted for car finance without it affecting your credit score.

2.We then aim to contact you within 10 minutes of filling out the application to see if you wish to proceed. Our online form only takes a few minutes to complete!

Do you need a good credit score for car finance?

Having a good credit score puts you in a good position when looking to apply for car finance. At Stoneacre, we work alongside various lenders to ensure we can approach the right one for your individual circumstances. This has led to us having an impressive two-out-of-three success rate for finance applications.


And now onto the pros and cons of having a good credit score...

-The majority of lenders will consider you low risk so will be more willing to lend to you and offer you some of their very best rates.


-More power to negotiate better deals, such as lower interest rates and APR.

-There is no universally accepted good score, as many lenders have their own specific criteria.


-Lack of affordability. Therefore, it’s always a good idea to set yourself a realistic affordable monthly budget and look at cars that fall into this pricing bracket.

  • Pros

    -The majority of lenders will consider you low risk so will be more willing to lend to you and offer you some of their very best rates.


    -More power to negotiate better deals, such as lower interest rates and APR.

  • Cons

    -There is no universally accepted good score, as many lenders have their own specific criteria.


    -Lack of affordability. Therefore, it’s always a good idea to set yourself a realistic affordable monthly budget and look at cars that fall into this pricing bracket.

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