Car finance - I completed my IVA 6 moths ago and my car is knackered and so I need to replace it. I am worried about getting stung by a cowboy outfit simply because I have a bad credit history with the IVA, what companies would anyone recommend?
Your IVA will probably still be on your record if you completed within five years - try MoneyBarn - they have helped out some posters but the APR is quite high.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I got my car finance with Moneybarn via Midland Credit as, still being in an IVA at the time with 4 payments left, Moneybarn were to only lenders willing to lend.
I don't know if that is the case once you have your CC but the IVA still on your credit file or not. Maybe worth having a word with Midland Credit to see if they know or any lender in that situation.
I don't know whereabouts you are but there is a firm called Blue Arrow Cars who reckon 95% acceptance - no credit check and CCJ's etc accepted.
No idea on the APR though.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
