This car finance eligibility service is provided by Carbon Finance.
When you click Check my eligibility, you will be directed to Carbon who will help you find personalised finance deals.
The data you supply will be directly submitted to Carbon and be used to generate loan quotes from Carbon's panel of lenders.
Carbon's service only uses "soft searches" meaning there will be no impact on your credit score. Carbon is a trading name of Carbon Finance Limited and is registered at 6 Worcester Close, Lowdham, Nottingham, NG14 7WH and is authorised and regulated by the Financial Conduct Authority
Shawbrook Bank Car Finance FAQ
Who are Shawbrook Bank?
Shawbrook Bank was founded in 2011 as a specialist savings and lending bank. They aim to cater for SMEs as well as individuals, providing a range of business, property, and personal finance solutions to meet various needs. Shawbrook Bank is part of the Shawbrook Group with locations across the UK, including London, Glasgow, and Manchester.
What car finance can I get from Shawbrook Bank?
You can get a car loan from Shawbrook Back to help finance your vehicle purchase. This works like an unsecured personal loan, so you can use it to buy any vehicle you want, including second-hand cars, motorbikes, and more.
Shawbrook Bank also allows you to take out a joint loan.
How much car finance can I borrow from Shawbrook Bank?
Shawbrook Bank provides car loans of varying amounts that can be repaid over short and long term periods. These loans are based on a fixed rate of interest, but the exact APR that customers can get will depend on their own personal circumstances.
Who is eligible for Shawbrook Bank car finance?
Individuals need to have been a UK resident for a minimum of three years to be eligible to apply for a Shawbrook Bank car loan. They should be aged 21-75 years old and meet the minimum annual income requirements set by Shawbrook Bank, to ensure they can afford to make the loan repayments.
What information does Shawbrook Bank need for car finance applications?
To make a decision on car finance applications, Shawbrook Bank needs information about you and your finances. For example, they will want to know your address history, residential status, employment status, and income, and they will also look at your credit history to help them make a decision.
Can I pay off my Shawbrook Bank car loan early?
You can pay all or some of your outstanding loan balance early if you wish. However, you may be charged a fee for doing so.
Is Shawbrook Bank safe?
Shawbrook Bank is authorised and regulated by the Prudential Regulation Authority, as well as the Financial Conduct Authority.
Where can I find Shawbrook Bank reviews?
Independent review sites like Trustpilot will have many customer reviews on Shawbrook Bank and their services.
Services offered by this provider may change over time. Always check Ts&Cs.
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