success in car fina...
 
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success in car finance

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(@kerry-mcdonald)
Eminent Member
Joined: 9 years ago
Posts: 28
Topic starter  

can anyone tell me if had any luck in this soon after discharge?

thanks


   
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(@tinsoldier)
Honorable Member
Joined: 15 years ago
Posts: 634
 

Yes.

Car finance is seen as relatively low risk as if defaulted the car is simply taken back. You may find main dealers difficult but try around local places and you might be lucky.


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 17 years ago
Posts: 13594
 

Hi kerry,

We've heard from quite a few people who have obtained car finance relatively soon after being discharged from a trust deed.

It's probably worthwhile first checking that the discharge is shown on your credit file, and perhaps approaching any creditors that haven't updated your file to do so.

The better your credit file looks, the more likely you'll be accepted and the more likely you'll get a reasonable deal.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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