Blackhorse

CocoPopsLover

How easy is it to get a loan from them?

Do you think im likely to get accepted with 2 late payments that are dropping off in september or do you think im better off waiting until they have dropped off?

Parki_2

I would have expected that you would certainly get a Lower interest Loan when your late payments drop off. So are these late payments from a couple years ago?

CocoPopsLover

Parki wrote: »

I would have expected that you would certainly get a Lower interest Loan when your late payments drop off. So are these late payments from a couple years ago?

From last august and september

DesG

You will get a lower rate if you wait until they have dropped off.

But to be honest everyone else is so uncompetitive now for loans, that there is very little rate difference between prime and sub-prime unsecured loans.

With Black Horse, you will need to go into one of their offices to show them paperwork, negotiate on rate and be upsold for PPI

Cheers, Des.

CocoPopsLover

Do you think they are likely to say no with the late payments on there???

As if they offer me a late which is lower than what im paying now then waiting until september wont make much of a difference for me as either way, interest will be lower!!!

DesG

They survive on people with minor blemishes on their history, so a few lates won't stop them lending to you. Even defaults and CCJ's won't probably stop them, just reduce the amount they are willing to lend and shoot the APR up.

You also need to consider the other factors which influence lenders, even sub-prime, how much free cash do you have each month, and how much debt do you already have.

Cheers, Des.