Best loans for a released bankrupt?

divalou

Thanks for all the sarcastic and unhelpful replies btw! Really nice of you.

If you must know, the bankruptcy was for a business debt and I handle my personal finances now just well. No missed payments, no going overdrawn and always being in credit. I would never just flippantly think about going into debt again unless I really had to.

I'm not some silly little girl who thinks bankruptcy is just "whatever" moment in my life, so thank you to all of you people up on your pedestals scoffing at me for even considering getting credit again.

As for the "excellent" rating, I haven't got a clue why it says that either and is possibly a little misleading, hence me coming here to ask for advice. If I was a bank, I'd certainly be wary of lending to someone with that against their name, but after seeing "excellent" on my report and then researching on here, all I was asking was, "What are the chances?"

I basically need a car as the car that I bought - with cash I borrowed from a family member from - has pretty much died and will cost more than the car is worth to repair. I still owe for the car and so was *thinking* about a loan to get a new car/pay her off.

So, to the people who were actually helpful, thank you, thats all I wanted to know. xx

Mara69

I shall never understand this obsession with owning a car. Nigh on every loan is for a car. What's wrong with the bus?

bengal-stripe

divalou wrote: »

I handle my personal finances now just well. No missed payments, no going overdrawn and always being in credit.

That sounds good, what about that statement?

divalou wrote: »

.....the car that I bought - with cash I borrowed from a family member .......I still owe for the car........

All doesn't appear to be well in the garden.

barbarawright

Mara69 wrote: »

I shall never understand this obsession with owning a car. Nigh on every loan is for a car. What's wrong with the bus?

You forget that every single person on MSE lives 23 miles from their work, which they start at 6am, with no public transport available

Mara69

barbarawright wrote: »

You forget that every single person on MSE lives 23 miles from their work, which they start at 6am, with no public transport available

Of course they do :rotfl::rotfl:

Hanky_Panky

DCFC79 wrote: »

Whats with the urgency for a loan OP ?

You want to get more credit even though you have only been out of BR for about 20 months.

Has being bankrupt not taught you anything with regards to money ?

Are you able to manage money effectively now ?

I'm reminded of the quote from Clarissa Dickson-thingy when she stated that going bankrupt was a bit like losing your virginity - doesn't hurt nearly so much the second time !!

opinions4u

Hanky_Panky wrote: »

I'm reminded of the quote from Clarissa Dickson-thingy when she stated that going bankrupt was a bit like losing your virginity - doesn't hurt nearly so much the second time !!

To be honest, I don't recall being in any discomfort my first time .

Although it was all over quite quickly ...

[Deleted User]

opinions4u wrote: »

To be honest, I don't recall being in any discomfort my first time .

Although it was all over quite quickly ...

Remember to let us know how it goes the second time....

DCFC79

Apologies OP maybe i was a harsh with my earlier reply.

Peelerfart

Deleted_User wrote: »

Remember to let us know how it goes the second time....

Would you have a word with Mrs PF and tell her we're supposed to do it more than once