Please Help

bekkabex

Don't throw away all your hard work - you've come this far, things will get easier. Try not to fret about whether you can get credit, instead spend some time reminding yourself of why you wouldn't want it (at least for now) even if you could. Ban the word "credit" from your vocabulary, and think of it as the debt that it is, it might make the idea seem less attractive to you.
Spend some time thinking about what matters to you most - a car might make life easier, but running one costs a fortune. If buying your own house is top of your list, then you're going to need to be pretty focused about saving in order to get a large enough deposit, so having a car loan to repay isn't going to help you get a mortgage. The advice to keep saving your £221 a month into a savings account is sound advice.. you say you feel you deserve a treat, but that isn't really the question - there are plenty of people in this world who deserve far better than they get, just look around the Amnesty International website.
Change your internal rhetoric - don't think "I deserve it", think "I want it". You're allowed to want things. Everybody wants things. The trick is in learning to govern your wants, and not let your wants govern you. So, think about what exactly it is you want - to get to work quicker, to be able to have your own car like your friends, to feel like this difficult period of your life is finally over, to just not feel so depressed, or to just give yourself hope that life will be easier in future - it will, so long as you make good decisions now. It's alright to want to treat yourself, but don't get into debt again to do it, look for an inexpensive treat you can afford... maybe something new to wear, or a train ticket to visit a friend. Then save, save, save. Good luck!

chesky369

Now is the time to be positive. Give yourself a huge pat on the back for having done so well. You've actually proved that you can be good with money (give or take a few bumps along the way).

Opening a savings account and putting something away each month is a good way to start on your journey into a sound financial position and that's a much better place to be than having good credit.

dealer_wins

Jenna150386 wrote: »

I could easily save for a car but then they do say... for big purchases you are actually better to pay up on a 0%APR...

"They" may say that, but you KNOW that loans can get on top of you and force you into default, hassle and repayment plans etc

Elvisia

The problem with buying a car with a loan (and would you get one at the moment anyway at that rate with no credit rating?) is that you'll buy it then want something else, and the loans will build up again (I am saying this as when I eventually cave in and buy something I really want five minutes later I am looking at what I can buy next; I end up taking back what I've bought as it's not filled the emotional hole I thought it would). Buying a house is a major thing, there is no way I could afford a house and a car, and I'm 36 with a great credit rating.