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Campervan Finance for Customers with Bad Credit

March 31, 2023

Campervan Finance For Customers With Poor or Bad CreditBad Credit Campervan Loan. Campervan camping in a field next to a river.

Are you dreaming of hitting the open road in a campervan, but worried about your bad credit? Don’t worry, there are still options available to you!


Bad Finance Campervan Loan. Can I get a loan for a campervan with bad credit?

It’s a question we are often asked. Can customers with bad credit still get a loan for a campervan? Thanks to our great relationship with our lenders, we are happy to confirm that yes, we CAN source a loan for customers with a bad credit history or a poor credit record.


Bad Credit Campervan Finance. Can I get a campervan loan with bad creditThere is no guarantee it will be a yes, but here at Pegasus Finance we don’t rely on computers and technology to approve our customers. We don’t look for reasons to REJECT a loan application from a customer with a poor financial history. We take the human approach, we look at every application manually to sell your application to our lenders. We see reasons why your application should be APPROVED.

All applications for finance, including loans for campervans, are treated in the strictest confidence. In the majority (90%) of applications from customers with poor credit, a hard search is not required when you initially apply. We always contact you to discuss your options once we have found a suitable lender and loan for you.

Can I get a campervan loan with bad credit? Campervan conversion before and after.Our campervan loans can help you purchase your dream new camper. But we can also finance second-hand and private campervan sales, including conversions or funding for conversion projects if you have a base van. This is often a more economical option for customers with a poor financial history who are looking to buy their dream campervan. Our friends at Campers4Sale have hundreds of campervans for sale from both dealers and private sellers. It’s a great place to start your campervan search.

Don’t let bad credit hold you back from hitting the road in a campervan! With the right approach and partnership with 5* broker Pegasus Finance, you can still make your dream a reality.


Here are a few more top tips which can help:

  1. Research Your Options. Look for a lender who specialises in these types of loans, or those who offer financing options specifically for campervans. Here at Pegasus Finance, luckily we are both! Our great relationship with our wide range of lenders means we have a lot of options at our disposal (including sub-prime lenders) and we specialise in campervans, motorhomes and caravans. You’ve come to the right place!
  2. Check Your Credit Score. Occasionally customers notify us that they have poor credit, when in fact their level isn’t bad at all! It’s always worth knowing where you stand with your score, there are some free online services to check your number, including Credit Karma and Credit Sesame.
  3. Consider a Secured Loan. This type of loan involves securing collateral you own, such as a house or car, against the loan. Some lenders have more options for customers if they can secure the loan against a home, but this option does need to be carefully considered. Your home or car can be repossessed if you default on payments.
  4. Find a Joint Hirer. A joint hirer signs on your loan acting as a guarantor, agreeing to cover the monthly repayment if you default. Again, this type of loan must be carefully considered, and the risk fully understood by the joint hirer.
  5. Save for a Deposit. Putting down more money in a deposit means the total amount of finance you need will be lower. This means lenders may be more likely to lend to you if the amount you need is less, it’s less risky for them.

For full advice, you should seek a financial advisor. The above is simply a list of common tips which can specifically help customers with bad credit to secure finance for a campervan.

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