Credit History

lab · 2014-02-26T21:57:00Z

Hi All Time for me to eat humble pie having said last year that I would not need my credit history updated as I had no intention of getting HP as I had never had any in the past. Was up early this morning (Wednesday) and had a look on the site and spotted a couple of posts about car finance and as I had been thinking about getting a car I went off searching. Found a car on a site I considered to be reputable so I ticked all the boxes and sent off my application for HP. Got a call from them about 11am with a few questions although I was expecting a thank you for your enquiry however you have bad credit history and we are unable to provide HP for you. Much to my surprise I asked if they had searched my credit history as I have a bad credit history they said no they do not do that until I have completed the application and paid the deposit which if the HP is rejected is repaid in full. So application completed over the phone and deposit paid I waited for the rejection. Better explain at this stage only one of my creditors has updated my information all other are showing as being in default. Just before noon I had a call back GOOD NEWS my HP has been approved and would I be able to pick the car up tomorrow.[:)] I did have a look towards the end of last year at getting a car from a roadside garage just to improve my rating but the cost of finance almost doubled the cost of the car this one is I think 4.2%APR which I think would be what was offered if my credit history was good. Happy to share the details of the dealer with anyone if they message me. Like everyone else on the forum I have found it to be a tremendous source of both information and support throughout the period of my TD and post TD as well

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plasticdaft

(@plasticdaft)

Noble Member

Joined: 17 years ago

Posts: 1594

22/03/2014 11:24 pm

Why does this feel like a murder mystery? !?

Paul

Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.

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