Honest unsecured loan company?

gingeralan

It had improved your credit history, but this does not necessarily mean banks want to lend to you

CLAPTON

a secured loan is your most hopeful bet;
HP from a dealer; you'll pay over the odds for the car and pay high interest on the HP


why not buy a cheaper car; lots of good stuff for 2-4k

BugsyBrowne

Rob_UK wrote: »

So I wasted 2 years - time and effort thinking it will improve my credit history?

Not wasted it No as in 4 years the green ticks will mean something as the default would be gone but Unfortuantly as it stands a loan lender wouldn't go near you with the default as your to much of a high risk.

As Clapton said secured loan will be your only hope.

Rob_UK

CLAPTON wrote: »

a secured loan is your most hopeful bet;
HP from a dealer; you'll pay over the odds for the car and pay high interest on the HP

why not buy a cheaper car; lots of good stuff for 2-4k

I don`t want to pay over the odds, then there is no point buying a car and trying to save.

Mine is cheap already. I`m looking to get £30 a year road tax, 80+mpg car.

Rob_UK

Thank you guys for your input, appreciate.

KingElvis

Even secured on the car that default will be a millstone round your neck.