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should i use zopa for a car loan
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stephen.rooke
Posts: 28 Forumite
in Loans
hi guys.
has anyone used the zopa website for a car loan. was thinking of using it as i have no credit history. the interest rates look good.
would you reccomend it. is it easy to get accepted.??
has anyone used the zopa website for a car loan. was thinking of using it as i have no credit history. the interest rates look good.
would you reccomend it. is it easy to get accepted.??
0
Comments
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You have to remember that the rates they quote are "typical," which means you may not get the rate they advertise.
You won't get told your interest rate until you've gone through the application process and been accepted.
To be honest, if you have no credit history, it's highly unlikely that you'll get anywhere near the rate they're advertising. Sorry.Dave. :wave:0 -
Unless you're between 20 and 25. A full credit history is no longer required for young people to get a loan with Zopa. Other aspects of the application will no doubt need to be in a reasonably tip-top shape though.0
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