Get expert opinion. This is the place for new questions to be posted.
-
Rachel198k
- Posts: 17
- Joined: Fri Aug 17, 2007 4:02 pm
- Location: United Kingdom
Just wondering what would happen if i decided to buy a new car?
Obviously I would fail a credit check being in an IVA, so am I expected to try and save for a newer car? This would be pretty much impossible
Would I have to inform my IP if I did change my car in the period of my IVA?
-
plasticdaft
Forum Expert
- Posts: 9562
- Joined: Wed May 21, 2008 12:45 pm
- Location: United Kingdom
You can often take a payment break to fund buyer a cheap runaround but you wont get better than that. Possibly you may be able to lease a car if the payments arent too high,someone will know the name of the company serviat or something that specializes in lease deals for those with ropey credit history.
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
-
Adam Davies
- Posts: 14596
- Joined: Thu Mar 29, 2007 12:21 pm
- Location:
Hi
How would youfund the payments Rachel ? Or are you already paying a monthly car finanace ?
There are companies that lease vehicles to people with IVAs
Regards
Andam Davies
