The FCA is investigating the use of discretionary commissions arrangements between motor finance providers and brokers. Credit Vibe Finance formerly MotaFinance Limited have never used discretionary commission arrangements, and therefore none of our customers are impacted.
Credit Vibe Finance only accept applications from customers who are referred to us by our selected dealer partners. These partners are FCA licenced and approved by our company. We do not accept dealers not on our panel. Choosing your vehicle from a reputable dealership will ensure you have peace of mind with your vehicle finance purchase.
We are here to help anyone that experiences difficulties obtaining car finance. A bad credit score or previous problems should not prevent you from having the car of your own and therefore we will consider all applications that meet our criteria.
Yes. We will always consider an application that meets our criteria and often accept people that have been refused elsewhere.
Hire Purchase is one of the many types of vehicle finance options on the market. With our hire purchase options, you can spread the cost of your vehicle in a way that suits you. We offer flexible repayment terms ranging from 36 to 60 months. Whichever option you choose with your hire purchase agreement, your standard monthly payment will never change.
If your car is written off and it's on finance with us, your insurance company would contact us and liaise to raise funds to clear your outstanding balance. Once this is cleared and settled, you will have the option to re-apply for a new vehicle with Credit Vibe Finance. We would be pleased to assist you with the purchasing of your new vehicle.
If you are experiencing any kind of financial difficulties, please contact us for help as soon as possible. You can speak to our own dedicated team who will be happy to assist you if you are struggling to pay your car finance instalments. You can call 0330 380 0681 or email us at customerservice@creditvibefinance.co.uk and we will get back to you as soon as possible. You can also obtain free and impartial advice on how to deal with debt from organisations such as Stepchange, National Debtline, Money Advice Service, Samaritans and many others. For more information on this, visit our Dealing with Debt Problems page here.
We can offer loans from £5,000 to £15,000.
You are a UK resident for at least 3 years. (We are unable to provide finance for those living in N.Ireland)
You have a full UK Driving Licence for 12 months.
Your income is over £1500 and paid directly into a UK bank account.
You can provide your last month’s pay slip.
You are over 23.
You are not in an active bankruptcy or debt relief order or IVA.
There is criteria that has to be met such as maximum mileage restrictions and maximum age of vehicle restrictions.
We can help you source the car you want from one of our reputable dealers across the UK.
All of our dealers are authorised and regulated by the Financial Conduct Authority.
We specialise in providing finance to individuals who have struggled to obtain credit. We charge a higher APR on our finance products because we serve the sector of the community, which are usually excluded from conventional lending and our customers are seen to be a higher risk by other lenders.
The finance is secured on the vehicle, so if you don’t keep up with the monthly repayments, Credit Vibe Finance can repossess the car. Failure to make payments can also affect your credit report.
We are sorry, but Credit Vibe Finance only offer finance to those who are currently employed full-time. Please check with us if you are self-employed, as this may alter over time.
We know that you will want to check beforehand that applying for finance doesn't impact your credit score. When you apply to Credit Vibe Finance, we will initially carry out an eligibility check. This is a 'soft search', and it won't appear on your records or impact your credit score in any way. If you are happy to proceed with your application, we will then perform a full credit search. This check will be noted on your credit history.