Is it possible to lease or finance a car before the IVA completion ?

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Est2680

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Post by Est2680 » Mon Mar 04, 2013 3:20 pm
I am about to undertake a new job position which requires me to purchase a car whereas currently I have a company car. My IVA is currently with the closures team pending PPI's putting me in a difficult position. Ideally I would like to lease or finance a car. Is this possible before the IVA completion and if so are there any companies that you can recommend. I don't want to have to turn a new job down purely because I can't get access to a car. Can anyone offer me any advise
 
 

mazbrown

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Post by mazbrown » Mon Mar 04, 2013 3:28 pm
You should be fine with getting a car , I'd run it past your ip first though , try moneybarn , a few members say they are great with you . From reading the company reviews , ask for Rachel legg . I think you fill out an on-line form first , they then ask you to find a car and hopefully they take care of the rest .
Good luck
 
 

MelanieGiles

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Post by MelanieGiles » Mon Mar 04, 2013 11:54 pm
I can also endorse that company, and if you have honoured all of your obligations under the IVA there is nothing stopping you making an application for finance.
Regards, Melanie Giles, Insolvency Practitioner
 
 

Est2680

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Post by Est2680 » Tue Mar 05, 2013 12:44 pm
Thankyou both for your response's. I have been in touch with my IP and they fully support me obtaining finance and are even prepared to write me a letter to this effect. Fills me with some confidence. All I need to do now is contact moneybarn and fingers crossed I'll get the go ahead.
 
 

Tab

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Post by Tab » Sun Mar 10, 2013 4:41 pm
I have been in touch with money barn and they will only lend a minimum of £5000, are there any other companies that do car finance for people with bad credit history that may lend less , I would only bee looking for £3000 maximum
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