problem getting a loan

urchin

My boyfriend is in the RAF and lives on base. He needs to buy a new car as his is on his last legs only he can't seem to find anywhere that is willing to give him one because of where he lives and the fact that he is not on the electoral role as such even though he is registered to vote. Not even his bank will give him a loan.

His thinks his only option is one of those car loan places which he is reluctant to try because of previous bad experience of them.

Does anyone have any ideas of any other options?

Alias_Omega

Nothing he can do really, things like yes car credit, carcraft etc will give him a car, but in the long term he will pay a fortune.

Being in the RAF, living on base he wont be on the electoral role. Therefore when they carry out a credit check, they cant find him at the address (the base). If he has been in the RAF for 2-3years this can cause problems, as they then go back to the address before.

If he was younger than 18 then, he wont be on the electoral role, so he wont exist.

Needs to get himself out of that overdraft, in credit for a few months, the bank will offer him a loan then & in the meantime get himself down to PSF and get a form to put him on the electoral role.

Hope it helps,

Alias

ajp1309

hubby had that problem when he was younger think allaince and leicster gave him one though

martinbuckley

If he lives on base, I assume he works on base too.

Why does he need a car?

Surely not borrowing money and not buying a car would be a great bit of money-saving!

gt568

I never had a problem getting a loan whilst living in....

Could he use his parents address?

bonsibabe

we never had a problem but we used my parents address as it was a fixed uk address, and that was when we were living overseas. he could also try armed service finance, they did the finance on our car, they are a great company to deal with and they specialise in armed forces

Cat695

Get on the electoral roll first all he has to do is ring the council and they will send a form and you send it back that simple

you sure he hasn't had any bad credit before (as most young guys do in the forces)

gt568

Cat695 wrote: »

you sure he hasn't had any bad credit before (as most young guys do in the forces)

Thats quite an offensive generalisation...and incorrect, some do, but no more than on civvy strasse...

Lottebear

Can he get on the electrol at your house? Rather than a Barracks? Or his bank, my husband has had the same thing, in the end his bank where the best people to go with.

Cat695

gt568 wrote: »

Thats quite an offensive generalisation...and incorrect, some do, but no more than on civvy strasse...

my 17 years experience tells me otherwise

krazy-kate

How do i go about contacting armed service finance? My husband is having the exact same problem, he gets provisionally accepted and then they dro him when they find out he is in the army.