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Scottish Trust Deed Forum
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Topic starter
26/10/2013 11:56 pm
Hi I am 2 years into a five year protected trust deed with KPMG...I am managing this well. However, a set back in that my car has been written off and I am looking at finance for another car. I was hoping to finance a new car. Saves on road tax, mot. Feeling the options are limited as the finance that is offered is astronomical in charges and APR. Feeling a bit low because the prices are great for cars just now. Any advice regarding companies that others have found helpful would be much appreciated. I have only went through Money barn at the moment. xx
27/10/2013 9:32 am
Welcome to the forum penny.
I'm afraid there may not be any easy answers here. Lenders perceive trust deeds to be major risk signals and one of my colleagues recently heard an Experian representative say that this is in fact backed up by the lending statistics they keep.
Moneybarn seemed to be one of the only options we could identify when we researched the subject for the following article:
(Link Removed 2020).
As you'll see on the page we wrote it certainly isn't going to be an attractive or realistic option for everyone.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
