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Calculate your monthly payments with our Finance Calculator

I would like to borrow

To pay back over

I think my Credit Rating is

Your Monthly Payment

APR Representative %
Total repayment £
Total cost of credit £
0 Monthly Repayments of £0

Representative Example with Excellent Credit

Borrowing £7,000 over 4 years with a representative APR of 5.99%, and a deposit of £0.00, the amount payable would be: £163.30 a month, with a total cost of credit of £838.60 and a total amount payable of £7,838.60

Midland Credit is a broker and not a lender

Representative Example with Good Credit

Borrowing £7,000 over 4 years with a representative APR of 12.99%, and a deposit of £0.00, the amount payable would be: £183.72 a month, with a total cost of credit of £1,818.60 and a total amount payable of £8,818.60.

Midland Credit is a broker and not a lender

Representative Example with Fair Credit

Borrowing £7,000 over 4 years with a representative APR of 18.99%, and a deposit of £0.00, the amount payable would be: £201.22 a month, with a total cost of credit of £2,658.60 and a total amount payable of £9,658.60.

Midland Credit is a broker and not a lender

Representative Example with Poor Credit

Borrowing £7,000 over 4 years with a representative APR of 27.99%, and a deposit of £0.00, the amount payable would be: £227.47 a month, with a total cost of credit of £3,918.60 and a total amount payable of £10,918.60.

Midland Credit is a broker and not a lender

Representative Example with Bad Credit

Borrowing £7,000 over 4 years with a representative APR of 36.99%, and a deposit of £0.00, the amount payable would be: £253.72 a month, with a total cost of credit of £5,178.60 and a total amount payable of £12,178.60.

Midland Credit is a broker and not a lender

The Simplest Way to Calculate Vehicle Finance

If you are thinking of getting Vehicle Finance soon, then why not get an idea of what your monthly payments could be using our Vehicle Finance Calculator.

Just tell us what best describes your current credit profile from Excellent, Good, Fair, Poor or Bad and then use the sliders to decide what amount you would like to borrow and the period you would like to pay the finance over.

Our Finance Calculator gives you a quick and easy way to approximately calculate what your monthly payments could be.

You can easily keep using the sliders to change the amount and term until you get a monthly payment that you are comfortable with and best suits your budget.

Please remember, Midland Credit help both Employed and Self-Employed customers who are looking to finance Cars, Vans or Caravans, the Finance Calculator will show you approximate monthly payments based on the credit rating that you enter.

*The figure our Finance calculator shows you is for guidance only and is intended to give you a fairly accurate idea of what you may be offered. Many companies use calculators with very low figures to get more applications, however, we believe in giving customers the closest example for their relevant credit profile and believe we have the most accurate finance examples where this is concerned. Finance approvals are based on many factors including your current Credit Profile, Employment Type & Monthly Income, so in some cases, it may not be possible to give exact figures until an application has been submitted*

Applying with Midland Credit will not affect your credit score as we only perform Soft Credit Checks. Once we have approval from our large panel of lenders, a full no obligation quotation including monthly payments and the exact terms will be supplied by your Dedicated Finance Advisor.

Relax you're in good hands!

We often get asked...

All circumstances are considered.  Whether you are employed, self-employed, retired or receive some of your income through benefit payments, as long as your monthly income after tax is £1,000 or more, we have lenders that will consider your application.

Some lenders in our panel, are also able to assist customers who have a poor credit history, are currently in an IVA or have previously been bankrupt.

All circumstances are considered.  Whether you are employed, self-employed, retired or receive some of your income through benefit payments, as long as your monthly income after tax is £1,000 or more, we have lenders that will consider your application.

Some lenders in our panel, are also able to assist customers who have a poor credit history, are currently in an IVA or have previously been bankrupt.

When applying for finance, the lenders that we work with conduct a soft credit search, which will only be visible to you, but not other finance providers.  The good news is that these searches will not affect your credit score.

We work with lenders that can offer finance between £3,000 and £50,000.  Your credit limit is determined by the lender with no need to provide income proofs in most cases and this will be confirmed by your dedicated finance advisor.

In almost all cases, a deposit is not required to finance a vehicle, however, a deposit or part exchange can be used if you want to reduce the amount that you borrow and your monthly payments.

Midland Credit are a specialist vehicle finance broker and use a panel of lenders with products to suit all credit circumstances.  This does not mean that credit is guaranteed, although, we have one of the highest approval rates in the motor finance market.

We can provide finance for vehicles from thousands of licenced dealerships in the UK and Northern Ireland.  We will, of course, check that the dealership is reputable before you proceed so that you have a smooth buying experience.

Midland Credit does not charge any fees for arranging your finance as our service is free of charge.  Our income is generated through a commission that we receive from the lender when a finance agreement is taken out.

The lenders that we work with offer finance on a Hire Purchase or Conditional Sale agreement where the whole cost of the car is split across a series of fixed monthly payments, typically spread over two to five years. You will own the vehicle as soon as you’ve made the final payment at the end of the finance agreement.