Need to obtain car finance, how do i go about doing this whilst in an IVA ?

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Patrick.63

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Post by Patrick.63 » Mon Oct 22, 2012 3:35 pm
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Need to obtain car finance, how do i go about doing this whilst in IVA. I have spoke to my IP and she says it is ok to go ahead but cannot recomend any company, i do not want to have to fill in numerous applications and have refusals
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Tina Shortland

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Post by Tina Shortland » Mon Oct 22, 2012 3:40 pm
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Hi Patrick welcome to the forum.

There are companies that will offer car finance whilst in an IVA. Feel free to contact me via the link below if you would like details.
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.

If you’re looking for effective debt related information, articles and news, then go now to our on-line advice service at www.debtadvicetv.com

If you’re ready to ask us for specific advice or help, then get in touch at www.call-me.debtadvicetv.com so you can start to free yourself from the stress and anxiety of overwhelming debt.
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Michael Peoples

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Post by Michael Peoples » Mon Oct 22, 2012 3:54 pm
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If you have a trusted friend or relative they could take the loan in their name and you could pay it back.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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ashb

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Post by ashb » Mon Oct 22, 2012 4:04 pm
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How can you affoord the new car payments, surely your expediture will have to change, has anyone asked you how suddennly you have the money to afford this, I wanted to but I was asked this
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snoopydog6311

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Post by snoopydog6311 » Mon Oct 22, 2012 5:35 pm
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Hi Patrick

There are a few companies out there that do bad credit finance however the APR is a lot heavier than the normal. I had a quote for one not long after I finished my IVA at 45.1 % APR. I can say I turned that down.
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