Go Car Credit

Go Car Credit is a United Kingdom-based direct lender that specialises in car finance for consumers with bad or impaired credit profiles. Founded in 2017, the company positions itself as an alternative to traditional banks for borrowers who may have a low credit score, missed payments, defaults or County Court Judgments (CCJs). Rather than acting only as a broker, Go Car Credit lends directly to customers, which it highlights as a core part of its proposition. The company's main product is hire purchase car finance, typically structured as a loan secured against the vehicle with an option to purchase at the end of the agreement. Its website provides an online car finance calculator that lets prospective customers estimate monthly payments before applying, with representative examples showing loan amounts, terms, interest rates and total amounts payable. Go Car Credit also offers no deposit car finance options and guidance on how to improve the chances of being accepted for car finance. Go Car Credit states that it has approved over 300,000 loans since its founding. Its stated focus is ethical and responsible lending, treating customers fairly and delivering fair customer outcomes. The company says it has designed a stress-free customer journey with less paperwork, simpler language and clearer repayment schedules, aiming to give customers with impaired credit the confidence to buy a car from a dealer forecourt. As a direct lender, Go Car Credit manages the application and lending process itself. It may pay commission to credit brokers or dealers who introduce customers, and it says it discloses any such commission upfront and obtains consent before an agreement is signed. The company operates primarily online through its website, where customers can apply, use the calculator, make payments and access existing-customer services. It is a private company and does not appear to be listed on a public stock exchange.

Go Car Credit was founded in 2017 in the United Kingdom. The company was established to address a gap in the market: consumers who could not obtain car finance through traditional banks because of bad credit, missed payments, defaults or County Court Judgments (CCJs). Its founders decided to develop Go Car Credit after recognising that anyone could encounter problems getting credit through conventional channels. From the outset, Go Car Credit operated as a direct lender rather than a pure broker, meaning it assesses applications and provides the finance itself. Its stated core values are ethical and responsible lending and treating customers fairly. The company aimed to give people with impaired credit profiles the green light to walk onto a dealer's forecourt with confidence. Over the years, Go Car Credit has focused on simplifying the car buying and financing process. It removed what it describes as tedious paperwork, complicated jargon and confusing repayment schedules, and built an online journey where customers can apply, use a car finance calculator and manage payments. It also introduced no deposit car finance options and educational content on improving the chances of being accepted for car finance. By the time of its published About Us page, Go Car Credit reported that it had approved over 300,000 loans for consumers looking to finance their next car. The company continues to position itself as a specialist in bad credit car finance, with a focus on customer service and fair customer outcomes. It operates primarily online through its website and serves customers across the United Kingdom.

• 2017

  Go Car Credit founded in the United Kingdom.

• Company reports approving over 300,000 loans since founding.

Direct lender offering ethical, responsible car finance to customers with impaired credit profiles.

• Car finance for bad credit

  Hire purchase car finance for customers with low credit scores, missed payments, defaults or CCJs.

• No deposit car finance

  Car finance options that do not require an upfront deposit.

• Car finance calculator

  Online tool to estimate monthly payments based on loan amount, term and APR.

1. 1Car Finance for Bad Credit | Direct Lender of Car Loans UKgocarcredit.co.uk
2. 2About Go Car Credit - Car Finance Specialists | Go Car Creditgocarcredit.co.uk
3. 3Go Car Creditwikidata.org