Get expert opinion. This is the place for new questions to be posted.
-
Dan76
- Posts: 28
- Joined: Mon Sep 02, 2013 10:00 am
Hi
Has anyone had any success leading a car through the Alphabet Employee Car Scheme?
Obviously they would do credit checks but as it payments come straight out if your pay Id assume it'd not affect the outcome so much.
I am currently within my 6 year IVA term but have settled my agreement with a f&f payment.
My car is a nail and I'd like to look into to the Alphabet scheme.
Many thanks in advance
Dan
-
lifenoteasy
- Posts: 3248
- Joined: Thu Feb 05, 2015 2:26 pm
- Location: United Kingdom
They may not do a credit check if the payments come directly from you salary and it is part of some employer scheme.
There are some tax issues plus if you finish with that employer before the end of the lease you will probably have to pay them 3-4 months payment.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
