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Scottish Trust Deed Forum
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Topic starter
27/09/2015 7:03 pm
Just in case it is useful info to anyone.... I was discharged in may. I needed new car last week, went to arnold clark and got finance. At the deal rate as per their website so same interest rate as anyone else. Was expecting to have to go to some expensive car credit place at crazy rates but thought nothing to lose by trying directly. Glad I did!
steve
28/09/2015 9:10 am
That's good Steve - you must be really pleased?
For everyone else reading, we've had quite a few members report that they've been able to obtain mainstream car finance from Arnold Clark after discharge from protected trust deeds.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
29/09/2015 3:11 pm
Hi steve1984,
Well done on securing a new car and thanks for taking the time to share this information as it something that is asked a lot on the forum.
Enjoy the new car and the new car smell.
David is not currently posting in the Trust-Deed.co.uk forum
Topic starter
30/09/2015 9:46 am
Thanks. Not new though, just newer than than the 12 year old beast I had!
steve
30/09/2015 10:43 am
New enough then!
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds
30/09/2015 11:18 am
I also managed to secure finance with AC 6 months after getting discharged, on a new pre-reg car. Their after-sales, however, ain't the best.........
Glad that's over with....
06/10/2015 10:27 pm
Thanks for sharing. I'm just at the end of my Trust Deed. Just got form 5 today. My car is definitely on its last legs. It's reassuring to know that if it does die, I will not be stuck. #128512;
07/10/2015 9:23 am
I got financing a few months before discharge with Moto Novo via a used car dealer.. No complaints here 🙂 Was needed as the 11 year old car I had was like throwing good money after bad..
18/10/2015 6:11 pm
Well I can confirm I have just been accepted for credit for a new car with Arnold Clark, I was up front I told them I had been discharged from a protected trust deed in May 2014, he seemed to think that it would be Ok and not to worry, and I got a phone call today saying it had all gon through Ok and finance would be sorted. Happy days.
18/10/2015 8:16 pm
More and more evidence mounting that this might be a good option for people after their discharge.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds
19/10/2015 10:37 am
It's positive to see people being able to secure finance to purchase a new vehicle after successfully completing their Trust Deeds.
It's a common question from people when first taking advice on the impact a TD will have on their credit rating and things like securing a mortgage or finance on a car.
Thanks for taking the time to share.
David is not currently posting in the Trust-Deed.co.uk forum
31/10/2015 2:08 am
Well done everyone refreshing to see people get finance after a TD, i wasnt so luck got knocked back everywhere but eventually got wind o a company for people with past credit probs and did get a car which im very happy with but on the sour side we are paying a higher rate for our finance:(
02/11/2015 1:50 pm
I was knocked back by Peter Vardy earlier this year.
Might give AC a go in the new year.
