Refused Car Finance
Refused Car Finance is a UK FCA-authorised credit broker that matches subprime and non-standard consumer applicants, including those with bad credit, benefits income, or self-employment, with a panel of specialist lenders for car, van, taxi, and caravan finance, earning commission on completed introductions.
- Company typePrivate
- Founded2000
- HeadquartersNewcastle, United Kingdom
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Refused Car Finance does
Refused Car Finance is a UK specialist car finance credit broker operated as a trading style of UK Car Finance Limited, a private limited company registered in England and Wales and authorised and regulated by the Financial Conduct Authority (firm reference number 714966). Founded around 2000 and headquartered in Newcastle upon Tyne, the company matches consumer applicants, primarily those with poor credit histories, prior refusals, CCJs, defaults, or non-standard income (benefits, self-employment, no credit history), with a panel of FCA-approved lenders. It does not lend its own balance sheet and generates revenue entirely from commission paid by lenders on completed introductions, with no fees charged to the customer. The product portfolio spans Hire Purchase (HP) and Personal Contract Purchase (PCP) structures, alongside car, van, taxi, and caravan finance, refinancing, no-deposit and guarantor options, and a black-box telematics product for higher-risk drivers.
The operating model combines a self-serve online application (described as a soft search that does not impact credit score) with a contact-centre and WhatsApp layer staffed by named personal finance experts, who guide applicants through lender matching and dealer selection. The disclosed technology stack is standard third-party SaaS for analytics, advertising, and live chat, with no proprietary platform, API, mobile app, or AI/ML system referenced. Marketing is digital-first, covering organic content, paid acquisition across Google, Microsoft, and Meta, and a review-collection presence on Reviews.co.uk. The business serves individual UK consumers only, with no B2B or dealer-side offering.
Commercially, the company's fortunes are tied to the spread between commission earned on subprime motor finance introductions and operating costs, with a lending panel including Marsh Finance, Zopa, Oodle Car Finance, Paragon Finance, and Advantage Finance providing tiered routing across credit bands. The most material forward risk is the FCA's industry-wide investigation into Discretionary Commission Arrangements in historic motor finance, which may impose redress obligations on UK brokers and lenders and could compress commission economics going forward.
Refused Car Finance firmographics
Firmographics- Name
- Refused Car Finance
- Legal name
- UK Car Finance Limited
- Website
- https://refusedcarfinance.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Refused Car Finance is a UK FCA-authorised credit broker that matches subprime and non-standard consumer applicants, including those with bad credit, benefits income, or self-employment, with a panel of specialist lenders for car, van, taxi, and caravan finance, earning commission on completed introductions.
- Ownership category
- akta.pro rank
Refused Car Finance industry classification
Industry- Product category
- Consumer Auto Finance Brokerage
- NAICS
- Mortgage and Nonmortgage Loan Brokers (522310)
- SIC
- Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Auto / Vehicle Marketplace Lending (FSAKAHAF)
- akta.pro secondary industry
- New & Used Auto Purchase Loans (FSAKADAA)
Keywords
Where Refused Car Finance is headquartered
LocationHeadquarters
- HQ city
- Newcastle
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Refused Car Finance business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Others
Revenue model
- Commission from Lenders: Refused Car Finance earns commission from lenders for introductions and arrangement of finance agreements. Commission may be a fixed fee or fixed percentage of the amount borrowed. The commission does not affect the amount customers pay for car finance. No fee is charged to customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Representative Example - 11.9% APR |
| Transaction based/ take rate | Monthly | Representative Example - 19.9% APR |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Refused Car Finance product offering
Product offeringCore offering
Refused Car Finance operates as a credit broker (not a lender) connecting applicants with a panel of FCA-approved UK lenders to arrange vehicle financing. The company specialises in car finance for individuals with bad credit, poor credit history, CCJs, defaults, or previous finance refusals, as well as applicants on benefits, self-employed individuals, and those with no credit history. Revenue is earned through commissions received from lenders for successful introductions, with no fees charged to customers.
Product overview
Refused Car Finance operates as a credit broker offering car finance solutions primarily targeting applicants with bad credit or those previously rejected for financing. The core offering centers on their Car Finance and Bad Credit Car Finance products, supported by a lending panel of FCA-approved lenders. The product portfolio includes traditional Hire Purchase (HP) and Personal Contract Purchase (PCP) financing structures, alongside specialty products such as Car Finance on Benefits, Self-Employed Car Finance, No Credit Car Loans, and Black Box Car Finance. Additional vehicle finance options cover vans, taxis, and caravans. The platform also provides refinancing services, part-exchange capabilities, and joint application options. The company acts as an intermediary, matching applicants with suitable lenders from their panel rather than lending directly.
Differentiator
Problem solved
Functional benefit
Products and services
- Car Finance
Quantifiable outcome
- Over 51% of customers offered APR of 19.9% or lower
Companies that use Refused Car Finance
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Refused Car Finance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Refused Car Finance partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights5 records
Refused Car Finance competitors and assessment
Company assessmentMarket position
Strengths4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Refused Car Finance social profiles
Digital presenceRefused Car Finance compliance and trust
Trust signalCompliance1 record
Refused Car Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Refused Car Finance leadership team
Management profileNumber of profiles
Refused Car Finance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Refused Car Finance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Refused Car Finance
What does Refused Car Finance do?
Refused Car Finance operates as a credit broker (not a lender) connecting applicants with a panel of FCA-approved UK lenders to arrange vehicle financing. The company specialises in car finance for individuals with bad credit, poor credit history, CCJs, defaults, or previous finance refusals, as well as applicants on benefits, self-employed individuals, and those with no credit history. Revenue is earned through commissions received from lenders for successful introductions, with no fees charged to customers.
Is Refused Car Finance a public or private company?
Refused Car Finance is a private company. It is classified as unknown and is currently operating.
When was Refused Car Finance founded?
Refused Car Finance was founded in 2000. It employs 11 to 50 people.
Where is Refused Car Finance based?
Refused Car Finance is headquartered in Newcastle, United Kingdom, in the Europe region.
How does Refused Car Finance make money?
One revenue line is on record: commission from Lenders.
Does Refused Car Finance have an API?
No public API is recorded for Refused Car Finance.
What industry is Refused Car Finance in?
Refused Car Finance's product category is Consumer Auto Finance Brokerage. Its primary akta.pro industry code is FSAKAHAF, Auto / Vehicle Marketplace Lending, with a secondary code of FSAKADAA, New & Used Auto Purchase Loans. Its NAICS code is 522310 and its SIC code is 6162.