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By (user no longer on site) OP
over a year ago
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My car has packed in and I need another urgently. I've not got a good credit rating. Does anyone know where to get finance from a lender, willing to take the risk? |
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By (user no longer on site)
over a year ago
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"Sign up to experian, you can check yourr chances of being accepted without it going on your record
I've done that. My rating poor "
Oh, find a rich man on fab |
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Have you tried your bank for a small loan or maybe 0% or low interest credit card? A not so perfect credit rating just means you have to prove a little better that you can and will pay it back. Your bank know you best. Try that route before a high interest loan from a website. |
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By (user no longer on site)
over a year ago
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Speak to your local credit union maybe? Most will want you to be a member for a couple of months before looking at a loan, but lots of decisions are at their discretion so might be worth explaining the situation and asking. I'm always referring people to credit unions, big fan of them. Hope you get something sorted x |
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By (user no longer on site) OP
over a year ago
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"Have you tried your bank for a small loan or maybe 0% or low interest credit card? A not so perfect credit rating just means you have to prove a little better that you can and will pay it back. Your bank know you best. Try that route before a high interest loan from a website. "
My bank has knocked my application back and one credit card company has only offered me £200 |
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"Have you tried your bank for a small loan or maybe 0% or low interest credit card? A not so perfect credit rating just means you have to prove a little better that you can and will pay it back. Your bank know you best. Try that route before a high interest loan from a website.
My bank has knocked my application back and one credit card company has only offered me £200"
Uff. That’s not the best outcome. However, I really don’t advocate a high interest loan even in desperate times. You see it’s a good idea at the time but the high interest over a long period of time may mean you regret it.
The credit union idea is a marvellous one though. I wish you all the luck x |
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By (user no longer on site) OP
over a year ago
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"Have you tried your bank for a small loan or maybe 0% or low interest credit card? A not so perfect credit rating just means you have to prove a little better that you can and will pay it back. Your bank know you best. Try that route before a high interest loan from a website.
My bank has knocked my application back and one credit card company has only offered me £200
Uff. That’s not the best outcome. However, I really don’t advocate a high interest loan even in desperate times. You see it’s a good idea at the time but the high interest over a long period of time may mean you regret it.
The credit union idea is a marvellous one though. I wish you all the luck x"
Thank you x |
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By (user no longer on site) OP
over a year ago
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"What’s up with the car?"
I've spent over a £1000 on it this year. It's back in garage he said it's electrical or engine gone. Fed up of paying out on it |
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"My car has packed in and I need another urgently. I've not got a good credit rating. Does anyone know where to get finance from a lender, willing to take the risk?"
Try a credit union loan , they don't look at credit ratings they look at how regular you pay in to there savings account. |
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By (user no longer on site) OP
over a year ago
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"My car has packed in and I need another urgently. I've not got a good credit rating. Does anyone know where to get finance from a lender, willing to take the risk?
Try a credit union loan , they don't look at credit ratings they look at how regular you pay in to there savings account. "
Thanks, I will do tomorrow |
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By (user no longer on site)
over a year ago
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"Speak to your local credit union maybe? Most will want you to be a member for a couple of months before looking at a loan, but lots of decisions are at their discretion so might be worth explaining the situation and asking. I'm always referring people to credit unions, big fan of them. Hope you get something sorted x"
Great advice xx
Good luck x |
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By (user no longer on site)
over a year ago
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With a poor rating you’re better off getting a loan from your personal bank that you can then secure to something (like your house) or have a guarantor.
I’d go this route because then you’re not paying through the nose for interest and also gives you 100x more incentive to pay it |
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By (user no longer on site)
over a year ago
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"Bus or have you checked car rentals/hire x
Rental would be expensive long term I imagine"
You can rent monthly from £123 a month milage allowance insurance etc included if you can afford loan repayments can afford rental worth looking into x |
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By (user no longer on site) OP
over a year ago
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"Great news. I got accepted at a local dealership on a great finance package! well done you...it was the flashing of the boob that did it  "
Ha I did use my womanly charm |
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Just seen this tread. I know a mechanic who is very reasonable and sells great cheap cars too.
I bought mine for £300 and expected it to last maybe just over a year or so.. 6 years now and it's still fine.
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