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Some terms and conditions First of all you must be a valid UK citizen to apply for auto loans and must be having a regular source of income. Remember that, as the interest rates are higher than a normal loan, the corresponding monthly payments will be higher also, so aim for a model of car that you can make the payments on with relative ease. The Internet doesn't provide much more clarity. Money for credit will have to be paid to the credit card group as security for the account that is used after bankruptcy. The last tip for fixing bad credit after bankruptcy. It will take ten years for a bankruptcy statement to come off of your credit report. Over time, your credit score can improve. After you've seen a few models, asked a host of car questions and possibly test driven one, the dealer will help you explore payment options. Trade-in flexibility BHPH dealerships tend to be more forgiving when it comes to accepting trade-ins on older model cars. In order to accommodate for this, you need to always be fully aware of the prices of used cars in your area for the model.


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