Blog: Resources & industry news
A Guide to Car Finance for Young Drivers
There’s no feeling quite like passing your driving test. It’s a thrilling milestone that opens up new levels of freedom and independence. But for young drivers, the dream of car ownership can be met with a roadblock: car finance. But fear not, as this guide will navigate the world of car finance for young drivers, […]
Understanding Payment Holidays for Car Finance
Sometimes life can throw curveballs, and even the most financially responsible people can face temporary setbacks. If you’re worried about meeting your car finance payments, it’s important to talk to your finance provider sooner rather than later. They can often offer ways to make your plan more manageable so you don’t end up in financial […]
What Is Soft Search in Car Finance?
A soft search can be a helpful step for both lenders and customers in the world of car finance, but what exactly is a soft search? In this guide, we’ll help you understand the meaning of a soft search, why it is done, what kinds of things appear in a soft search, and what it […]
What Is a Balloon Payment on a Car?
If you’re in the market for buying a new motor, you may be wondering what your financing options are. There are several types of car financing options out there which all carry their pros and cons. One of the most popular types of car finance on the market is a Personal Contract Purchase (PCP) agreement. […]
Getting Car Finance on Benefits in the UK
A car isn’t just a luxury in today’s world, whether you need to commute to work, nip to the supermarket for your weekly shop, or make the school run, a car is a necessity for many people. But what happens if you’re receiving benefits or Universal Credit? Can you still get car finance? In this […]
What’s The Difference Between PCP And HP?
When looking to buy a new vehicle, it may feel like the world of car finance is a labyrinth of acronyms and confusing terminology, especially when it comes down to the different types of car financing. In this guide, we’ll cover the two most common options for car financing, Hire Purchase (HP) and Personal Contract […]
Joint Car Finance Guide
Getting yourself on the road in a new set of wheels can sometimes be easier with a helping hand. If you think your car finance application won’t be strong on its own, you could consider a joint car finance application. Let’s cover what’s involved, the benefits, potential pitfalls, and whether it’s right for you. What […]
Car Finance with CCJ
You may be under the impression that having a CCJ against your credit file can stop you in your tracks when it comes to buying a new car, however, this may not be the case. There are many specialist credit brokers on the market, including us at Ucan, who believe that credit history shouldn’t be […]
Self-Employed Car Finance Guide
Being self-employed comes with a lot of freedom: you can set your own hours, you can choose your own projects, and literally be your own boss. However, the one thing you cannot fully control is your income which can vary from month to month. And because of this, you may think it’s impossible to secure […]
Part Exchanging a Car on Finance Guide
Has a brand spanking new set of wheels caught your eye, but you still have outstanding payments on your current motor? It may be possible to trade in your car on finance to help you buy a new one. In this guide, we will explain whether you can part-exchange a car that is on finance, […]
Applying for Car Finance with An IVA
Entering an Individual Voluntary Arrangement (IVA) can help you deal with any unmanageable debts but could have an impact on your options for applying for car finance. In this guide, we’ll explain what an IVA is, how IVA repayments work, if you can apply for car finance whilst in an IVA, and what challenges you […]
Types of Car Finance Explained
For so many people in the UK, a car is an absolute essential. Whether you drive to work each day, pick up family members, or whether a car simply represents freedom to you and enables you to explore new places – there’s no shortage of reasons you might need a set of wheels. But how […]
A Guide to Applying for Car Finance
In today’s market, if you are looking to buy a new car, you may need to finance it. It may seem like a complicated venture, but the process can be simple. In this blog, we’ll cover the various stages of the application process, the things you’ll need to apply for, how long it may take […]
Car Finance for Bad Credit
In this day and age, most households need access to a car whether it be to make the school run, pick up the weekly shopping, or take the family out on a weekend adventure. If you have previously had issues with credit, you may be wondering if you could still finance a car for your […]
Family Car: How to Choose Guide
Choosing the right family car is a big decision that involves careful consideration to meet your family’s unique needs and priorities. Whether you’re a new parent, expanding your family, or simply in need of a vehicle that accommodates your loved ones comfortably, making the right choice is crucial. In this blog, Ucan is here to […]
Electric Cars in Cold Weather: Your Top Tips Guide
As the cold weather arrives, there are a few things that you should know about electric vehicles (EVs). Whether you are thinking of buying and EV, already own an EV or, if this is your first winter driving your EV, the harsh cold weather we experience in the UK can be frightening to drive […]
Top 5 Winter Cars for 2023
Whatever the weather, it is always ideal to ensure you have a car that is suitable for all terrain, especially if you are living in the UK. So, you might be interested in looking for just that. Whether it is cold, raining or snowing, Ucan has handpicked a fantastic selection of winter cars enabling you […]
Best Used Family Cars: Our Top 5 Picks
On the lookout for the best used family car? It can be difficult to know what to look for, so we have pulled together our top 5 family cars to help you with your decision. Our range of used cars are able to cater to you and your individual family needs. We understand all families […]
When Will Petrol and Diesel Cars Be Banned?
As part of the UK Government’s aim to reduce emissions of greenhouse gases and fight against climate change, manufacturers will no longer be able to sell petrol and diesel cars after 2030. With these regulations, drivers are left with many questions around what will happen to petrol and diesel cars, and how soon you need […]
Best Used Electric Cars For 2023
Are you planning on buying a used EV but unsure on which one to buy? Don’t worry, Ucan Car Credit has whittled down some of our top used electric cars to make your life just that little bit easier. From how EVs work down to the best ones to buy, we have done all the […]
