Bad Credit Car Loans

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veekay

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Post by veekay » Fri Sep 07, 2007 1:10 pm
Does anyone know the best place to get a car loan when you're bankrupt?? I have looked and seen that you can get a car loan if you're bankrupt or IVA etc but I don't know where to go!! I can't afford to buy a decent car because it'll take years for me to save and so I can only afford cars that don't last long so I'm ending up paying more a month than a loan repayment! I can't go without a car cause i need one to get to work.

Hope someone can offer me advice and don't worry I'm not looking to get a loan to get myself into debt again, I have certainly learn't my lesson! [:)]

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mikebdomain

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Post by mikebdomain » Fri Sep 07, 2007 1:12 pm
'bankrupt car loan' in google UK found me 327,000 pages so I am sure they are available - would hate to think what the interest rates would be though...

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Lisa2009

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Post by Lisa2009 » Fri Sep 07, 2007 1:14 pm
Would you not need express permission from the OR if you are bankrupt?
http://mrsskint.blogs.iva.co.uk/ 'Our Story'


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veekay

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Post by veekay » Fri Sep 07, 2007 1:24 pm
I'm not paying anything back, I wasn't earning enough at the time (was discharged well over a year ago) but now I have a partner who can help me with the repayments.

I searched google too and thats why I was wondering if anyone knew an actual website cause there is so many to go thro

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mikebdomain

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Post by mikebdomain » Fri Sep 07, 2007 2:08 pm
Sorry veekay, couldn't recommend anyone in particular, but being discharged for over a year means, I should imagine you could use just about anybody, as long as affordability is provable.

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LEYBRIDGE LIMITED
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Specialising in adverse credit.

see feedback and testimonials at:
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Check out my blog at:
http://mikebdomain.blogs.iva.co.uk/
Please read our Initial Disclosure Document(IDD):
http://www.leybridge.com/Leybridge-IDD.pdf
LEYBRIDGE LIMITED
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Directly Authorised Firm FSA No:313790
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veekay

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Post by veekay » Fri Sep 07, 2007 2:30 pm
ok, cheers anyway. I keep searching online but everytime I click on a website it says about having IVA or CCJ etc but not bankruptcy so I don't want to apply for god knows how many because it will make my credit score look even worse!! I think I'll just have to try and save

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mikebdomain

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Post by mikebdomain » Fri Sep 07, 2007 2:38 pm
I would suggest one site that checks out lots of lenders - maybe http://www.fairinvestment.co.uk/bad_cre ... uotes.aspx

They says on the site that previous bad credit is not an issue.

This is not a recommendation - just a suggestion


FREE ADVICE IS THE BEST ADVICE

LEYBRIDGE LIMITED
Mortgage Broker

Specialising in adverse credit.

see feedback and testimonials at:
http://www.leybridge.com/testimonial.php
Check out my blog at:
http://mikebdomain.blogs.iva.co.uk/
Please read our Initial Disclosure Document(IDD):
http://www.leybridge.com/Leybridge-IDD.pdf
LEYBRIDGE LIMITED
Mortgage Broker & Mortgage packager

Directly Authorised Firm FSA No:313790
CeMAP 1,2 & 3 qualified
F.P.C 1,2 & 3 qualified
Financial Planning Certificate
Certificate in Regulated Customer Care
 
 

BECKY

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Post by BECKY » Fri Sep 07, 2007 3:31 pm
ACCEPT CAR CREDIT says they do finance for discharged bankrupts.
 
 

veekay

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Post by veekay » Fri Sep 07, 2007 4:58 pm
yeah I see that. I think I'm just a bit scared of getting into old habits so I'm going to think about it first and see if I can save up any quicker

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mikebdomain

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Post by mikebdomain » Fri Sep 07, 2007 5:01 pm
Damn good plan veekay - good luck...

FREE ADVICE IS THE BEST ADVICE

LEYBRIDGE LIMITED
Mortgage Broker

Specialising in adverse credit.

see feedback and testimonials at:
http://www.leybridge.com/testimonial.php
Check out my blog at:
http://mikebdomain.blogs.iva.co.uk/
Please read our Initial Disclosure Document(IDD):
http://www.leybridge.com/Leybridge-IDD.pdf
LEYBRIDGE LIMITED
Mortgage Broker & Mortgage packager

Directly Authorised Firm FSA No:313790
CeMAP 1,2 & 3 qualified
F.P.C 1,2 & 3 qualified
Financial Planning Certificate
Certificate in Regulated Customer Care

justindrew

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Post by justindrew » Thu Oct 10, 2019 9:59 am
Do you have a bad credit score and you're searching for car finance.
Poor credit history and low credit rating might have created it tough for you to induce a personal loan within the past.
Remember, if you have county court judgments, defaults, arrears, previous bankruptcy, iva or a payment arrangement, it needn't stop you from getting your new car.

Foggy

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Post by Foggy » Thu Oct 10, 2019 10:31 am
Justindrew -- thank you for posting, but, please, could you refrain from dragging up ancient posts for no good reason. Thanks.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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