moneybarn car finance

Apples2

I think this post explains perfectly how useful Credit Files can be (for lenders)

High APR offered as the lenders could be certain OP was going to miss payments. They can see the long history of extensive use of Payday loans, defaults, arrears etc so based the interest rate accordingly.

True to form, here we are.. The lenders appear to have been quite reasonable so far. Lending to such high risk applicants normally comes with little sympathy. Many lenders would have repo'd the car when the expected missed payments start.

The fact that they seem to be giving you a second chance is almost honourable for this type of lender.

if i get the payments back up to date and then 100% stick to them

Really?

I thought I recognised the username so dug back, I have to ask though, you were given a company car over a year ago... Why on EARTH are you still trying to support this second one?

I would give up the notion of reclaiming anything from them.