Credit card or Loan

MJones2912

Hello all,

I'm a recent graduate after some advice. I'm looking to buy a car and want to lend no more than £2500 and to pay it off over a year. My credit rating is fair to poor due me having little or no credit history. Can anyone give me any advice as to whether I'd be able to get a credit card with zero percent on purchases for a year so I can avoid getting a graduate account with an APR of about 8% through NatWest. I'm new to all this lending buisness and was hoping someone could help.

Thanks

Martyn

jonesMUFCforever

Some bank graduate loans offer buy now pay later on graduate loans.

You say that your credit rating is fair to poor with little or no credit history - did you not have a student account?

PROLIANT

You could try Zopa loans, they have low rates of interest on borrowing and seem to an up and coming "new wave" of lender, go to the web site and get a quote, also I know that HBOS do deferred loan options so you can delay the repayment of your loan for the first 2-3 months, handy for cash flow.