any other way of getting a realistic loan

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tracy.a

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Post by tracy.a » Thu May 10, 2007 6:53 pm
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I entered a IVA two years ago.(in dec) I now need a new car for my job and cannot get a loan for one and lease car companies wont entertain me becase of my IVA. apart from a secured loan is there any other way of getting a realistic loan or lease company that will help me? many thanks T
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Sadsack

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Post by Sadsack » Fri May 11, 2007 12:35 pm
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Hi tracy.a

Unfortunately, due to being in an IVA, you are not allowed any credit unless approved by your IP. Chances are, you are not going to have much luck getting an unsecured loan or lease - the only way you can do it is by securing the debt against property. But you will still have to get your IP's approval.

Sue
Ho Hum! Think I'll bang my drum!

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