Car Finance Soft Credit Check
Complete our soft search eligibility check. With over 50 years of experience, we provide HP & PCP car finance deals.
What Is A Soft Credit Check?
A soft credit check is an initial look at your credit profile. It doesn't stay on your file for future lenders to see. It comes about when you get a pre-approval check for finance. Soft credit checks are visible to you for 12 months. No appearance to lenders helps your chances of future finance approval. Soft credit checks don't affect your credit score either.
What Does A Soft Credit Check Show?
Soft credit checks provide a basic view of your profile. This gives lenders a general idea of how likely you are to make repayments. As part of a soft search, lenders will look at things like name address, and any outstanding financial commitments. Soft credit checks don’t include deep money dives. They instead focus on things like store credit cards or phone contracts.
The Difference Between A Soft And Hard Credit Check
A soft credit check is an initial light check of your credit profile. This provides a general overview without impacting your credit score. On the flipside, a hard credit check is a more thorough analysis of your credit profile and financial commitments. A hard check also appears on your credit report to future lenders.
| Soft Credit Checks | Hard Credit Checks |
| No Impact On Your Credit Score | Potential For An Initial Drop In Your Score |
| Only You Can See It | Visible To Other Lenders For Two Years |
| Usually Happens When You Check Pre-Approval Eligibility | When You Move Through The Application Process To Further Checks |
| No Consent Needed To Run A Check | Explicit Permission Required To Run The Check |
Bad Credit Car Finance Soft Search
Soft credit check car finance helps bad credit customers see if they're eligible without impacting their fragile credit score any further. Marsh Finance provides soft search eligibility checks for bad credit customers. This gives you an estimate of what you can borrow with personalised APRs. On top of this, our check isn’t visible to future lenders.
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Car Finance Soft Search Calculator
See how car finance could look. Choose your credit score range, loan amount and length and see how car finance could shape up for you.
How Your Finance May Look
Don't forget! This is for illustrative purposes only and is not an offer of finance.
Soft Search Car Finance – Try Our Soft Search Eligibility Checker
We've been supporting customers with HP and PCP car finance deals for over 50 years. Our soft search pre-approval checker takes less than 30 seconds to complete and delivers a decision in under a minute. This is all while protecting your score.
Ready to check your car finance eligibility with no obligations?
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FAQs
There’s no credit score that guarantees car finance. However, the higher the credit score, the greater the chance you have of being approved for finance. A credit score is an important factor lenders use to judge whether you can meet repayments.
Visit our credit score car finance guide to learn more about how credit scores affect your chances of finance.
No, car finance without a credit check is not possible. Lenders are legally required by the FCA to carry out a credit check before approving a customer for a loan. Avoid lenders that advertise car finance without credit checks.
There’s no set credit score that guarantees PCP finance, although a higher score will improve your chances of approval.
Pre-approval can take under a minute, but full approval can take a few hours or even a day if the case requires specific attention.
You cannot get no credit check car finance in the UK, as lenders are required by law to complete credit checks before providing a car loan (FCA). If you see a lender advertising no-credit-check car finance, steer clear of them.
Yes, you can get bad credit car finance without a guarantor, just be aware that approval is more difficult and you may face higher rates. People with bad credit are seen as higher risk, and no guarantor could mean no security net in the eyes of a lender.
No guarantor bad credit isn’t impossible though.
View our bad credit support page to see how we can help you.
No, car finance can only be pre-approved from a soft search. In order to get full finance approval, a hard credit check needs to take place.
Take a look at the difference between hard and soft credit checks.
You can do a soft search with Marsh Finance as part of our pre-approval checks. This takes less than 30 seconds and delivers a near-instant decision.
Just be aware that if you were to proceed with finance after pre-approval, a hard credit check is required before the contract can be signed.
The 50% rule allows you to cancel a HP or PCP agreement and return the car without facing penalties, provided you have paid off at least 50% of the car loan term.
On a soft search, lenders get an overview of your credit profile and finances. They’ll be able to see things like your name, address and job, as well as salary and your credit score. These initial indicators tell lenders whether you could pre-qualify for finance.
A soft search doesn’t affect your credit score. It will be visible to you for 12 months, but won’t be visible to anyone else, nor will it have any effect on your credit score.
Yes, you can fail a soft search credit check if you don’t meet the eligibility requirements of the lender you’ve applied with. If you are rejected, don’t worry. A soft credit check doesn’t have any impact on your credit score, helping your chances of future car finance approval.