Hi all , my car has just give up the ghost after 8 years. I have just been accepted for a credit card and haven’t used it yet . My question is , if I apply for a loan for a car would this look bad . I have been on clearscore and some loans say 100% chance of approval . Just wondered if the time between getting credit card and applying for loan would look bad . Thanks
If you are otherwise suitable ( income etc) it shouldn't be an issue. The fact that you have a credit card will give lenders some confidence, but, if rejected, do not be tempted to keep trying as that will look bad.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014 http://foggy.blogs.iva.co.uk
Mon Nov 16, 2020 11:02 ambarassic wrote:
Morning. Just an update on this. Loan approved today.
Excellent ---and, of course, the regular repayments will, in due course, also boost your credit score!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014 http://foggy.blogs.iva.co.uk
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
