Car finance eligibility checker

In order to let you know your eligibility, Carmoola will need to conduct a soft credit check. This won’t be visible to lenders and won’t affect your credit score. If you continue with a full application, a full credit check will be conducted only upon signing the agreement, which may impact your credit profile.

We need to ask for a few personal details so we can run a soft credit check and make sure you match our eligibility criteria.

You can read more about how we process your personal information in our Privacy Policy.

Annual percentage rate - APR for short - represents the amount you’ll need to pay each year on your loan. This includes the interest due as well as any extra charges and admin costs. It’s usually shown as a percentage and is a handy way to compare different loans when weighing up your options.

A personal or exact APR is the rate you’ll likely receive based on your individual circumstances and credit score as well as your preferred loan amount and term length.

There’s no need to keep refreshing your inbox or waiting for the post to arrive, you’ll receive your result on your laptop or phone screen just minutes after you’ve submitted all your details. We’ll send you an email too, just in case.

Anyone aged over 18 with a full driving licence and at least three years’ address history in the UK is free to use the eligibility checker.

Your pre-approved budget is the amount we will be able to lend to you once we've verified all your information! This figure is subject to further checks and doesn't mean you're guaranteed to be accepted.