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The minimum amount a customer can borrow is £2,500
The maximum amount a customer can borrow is £150,000
The minimum loan term is 12 months.
The maximum loan term is 60 months.
Payments should be made by Direct Debit - the Direct Debit form must be completed as part of the online application.
Instant automated decisions – Accept or Decline - are provided, following completion of the application process. If the case is referred for manual underwriting, we promise to get back to you within two working hours of receiving the application.
You can call our Motor Finance Team on 0345 149 7777 or email us at [email protected] to request a case review by an underwriter.
Please call our Motor Finance Team on 0345 149 7777 and we will be happy to help you.
No, payments must be paid monthly by Direct Debit.
They can call our Motor Finance Servicing Team on 0345 149 7770. We are happy to help.
Completed documents received by 12 noon, will be paid out on the same day. You will receive your payout funds and any commission due electronically.
Once we have made your payment, you will receive an email to confirm the payment details.
No, we only accept full UK driving licences.
Yes, depending on the type of agreement they have, they can change their payment date annually by calling our Motor Finance Servicing Team on 0345 149 7770.
Head officeParagon51 Homer RoadSolihullWest MidlandsB91 3QJ
Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551