My IVA completed in Sept last year and I am looking to purchase a new car but am unsure whether or not I will get finance and if so where. I have recently bought a house with 25% deposit however we don't exchange until May, although we have completed.
The APR is high and you will need a deposit, but they are very favourable to people with a less than perfect credit history.
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
651 well done. I completed my IVA last June but i did it in 3 years by full and final so will still be on my credit file as satisfied for another 3 years. I am hoping to possibly buy a house in next year . I realise i will need a good deposit to even get considered. Can I ask you were you able to be considered by high street companies and a market interest rate with a £25% deposit or opt for the higher risk and higher rate lenders ? Was your credit file due to be clear this year (6 years coming up )Just trying to evaluate what options I have if any .Hope you dont mind the questions
