Can I Get Car Finance Without Proof Of Income?

When you're looking for car finance, one of the first things lenders need to know is how much you earn each month. That’s because your income helps them figure out if the finance plan is right for you and whether you can comfortably afford it.

If your application is accepted, someone from our friendly team will get in touch to help you through the next steps. This usually includes sending us a few documents, like proof of your identity and income.

But what if you don’t have proof of income, or you’re not sure what counts? Can you still get car finance?

In this article, we’ll break it all down:

• What proof of income actually means
• Whether you can get car finance without it
• And what your options are if you can’t provide traditional income documents

At Marsh Finance, we carry out an affordability check on every application to make sure any finance offer we make is realistic for your situation. One part of that check is confirming that your monthly income is at least £1,200 after tax.

Where possible, we’ll try to verify your income automatically; it’s quicker and easier for everyone. But if we can’t do that, we may ask you to share a bit more information, such as through open banking. Don’t worry, if that happens, one of our team will guide you through it step by step.

👉 Why do car finance lenders need proof of income?
👉 What can I submit as proof of income?
👉 What other documents do you need to get accepted for car finance?
👉 Can I get car finance if I'm self-employed?
👉 FAQs - car finance without proof of income

Why Do Car Finance Lenders Need Proof Of Income?

Car finance lenders need to be confident that you can make the monthly repayments on your loan and that by borrowing this money, they’re not putting you into financial difficulty.

You may have seen online that some companies offer car finance with no credit check, but this is a misleading claim and should be seen as a major red flag.

The Financial Conduct Authority (FCA), who regulate financial services in the UK, explain that lenders “must undertake a reasonable assessment of the creditworthiness of a customer”

By reviewing your credit history and checking your income, we can ensure that the finance we offer you is tailored to you.

What Can I Submit As Proof of Income?

It depends on the lender, as each one has its own way of checking affordability. At Marsh Finance, we do things a little differently, and a lot more conveniently.

Instead of asking you to dig out old payslips or upload bank statements, we use secure online tools like Automated Income Verification and Open Banking. These methods are not only more secure, but they also save you time and hassle.

With Open Banking, for example, you just click a secure link that connects to your bank account. The process is fully automated, takes less than a minute, and keeps your data safe. No paperwork, no printing, no stress.

What Other Documents Do You Need to Get Accepted for Car Finance?

Proof of income is just one piece of the puzzle. To help lenders make a decision, you’ll usually need to share a few more documents:

• Proof of identity – This is typically your full UK driving licence or a valid passport.
• Address history – If you're on the electoral roll, lenders can often verify your address automatically. If not, you might be asked to provide documents (like utility bills or bank statements) that show where you’ve lived for the past three years in the UK.

It’s all about helping lenders confirm who you are and where you’ve been living, nothing too complicated. We’re here to help if you’re unsure what’s needed.

Find out what other documents you might need to apply for car finance with our guide.

Can I Get Car Finance If I’m Self-Employed?

Yes, it may be possible to get car finance if you’re self-employed, but it may be a little trickier.

Marsh Finance is proud to offer car finance to people who are self-employed looking for car finance, so don’t let this put you off! Our innovative open banking technology enables us to verify your income without the need for payslips.

Ready to get behind the wheel? Let’s make it happen.
At Marsh Finance, we understand that life doesn’t always come with neat payslips and perfect paperwork. Whether you’re self-employed or just unsure what counts as proof of income, we’re here to help you every step of the way. Our flexible, tech-friendly process is designed to take the stress out of applying, so you can focus on finding the right car.

Start your application today and see if you’re eligible, no pressure, just possibilities.

FAQs – Car Finance Without Proof of Income

Can I get car finance if I don’t have payslips?

Yes, you may still be able to get car finance without payslips. At Marsh Finance, we use secure tools like Open Banking and Automated Income Verification to assess your income without needing paper documents. This is especially helpful if you’re self-employed, work cash-in-hand, or don’t receive traditional payslips.

What counts as proof of income for car finance?

Proof of income can include payslips, bank statements, tax returns (SA302s), or income verified via Open Banking. At Marsh Finance, we aim to verify your income automatically to make things quicker and easier for you.

Can I apply for car finance if I’m self-employed and don’t have regular income?

Yes. Being self-employed doesn’t stop you from applying for car finance. We understand your income might vary month to month, which is why we use technology like Open Banking to get a clear view of your earnings and affordability.

How much income do I need to get car finance?

To apply for car finance with Marsh Finance, your monthly income should be at least £1,200 after tax. This helps ensure that any offer we make is affordable and tailored to your financial situation.

Is it possible to get car finance without a credit check?

No, all responsible lenders must carry out a credit check as part of assessing your application. If you see companies advertising car finance with “no credit check,” this could be a red flag. Marsh Finance complies with FCA guidelines and always carries out a fair and responsible assessment.

What documents do I need to apply for car finance in the UK?

Typically, you’ll need:

• Proof of identity (e.g. a UK driving licence or passport)
• Proof of income (e.g. payslips, bank statements, or open banking access)
• Address history for the last three years (may be verified automatically if you’re on the electoral roll)

How can I prove my income quickly when applying for car finance?

The quickest way to prove your income is through Open Banking. It’s secure, instant, and avoids the need for paperwork. At Marsh Finance, we use this method to make your application as simple and stress-free as possible.

Do all car finance lenders ask for the same income documents?

No, each lender has its own process. Some require physical documents like payslips or bank statements, while others – like Marsh Finance – use digital income verification tools that speed up the process and improve security.

Can I still get car finance if I’m new to self-employment?

Possibly. While being newly self-employed can make things more challenging, it’s not a dealbreaker. If you can show consistent income through bank transactions, we may still be able to help. Our team will review your individual circumstances and guide you through the process.