Why cant i get a loan!

27col

Or you could just go for a cheaper car. But I don't expect that is what you wanted to hear.
Also, leave your mother out of your financial affairs. If you are living rent free, she is already doing more than she should for you.

martinthebandit

crackster wrote: »

will it be better if i make a joint with my mam? she a home owner but they have a lot on credit already...

Nope, but it would make a big difference to your mam if you bought a much cheaper car and upped the amount you give your mam every month so she would have to get less on credit.

Just saying

DCFC79

I bet your mam would be overjoyed if you offered to pay an amount each month to cover board/food etc.

crackster

my parents wont take any of my money even if i try so i do buy all food ect that i can. there must be something i can do how do people get loans these days with out begin rich to start with if i was on 38k a year i wouldn't need a loan...lol

lippy1923

Most people just work hard and save up for what they want.

As you live at home with no outgoings, you could save for this in almost a year. Combine that with working OT, selling old junk on e-bay and gaining interest on your savings, its the best way to go.

What car is it? Nobody in their right mind would pay full price for a car!
Have you even considered insurance/tax/mot and repairs? No point paying £11k for the car if you can't afford to run it.

My advice would be stop applying as you will look desperate and destroy your credit file.

Sorry it's not what you want to hear. I'm suprised that you have no savings, in your current situation. Whats stopped you saving in the past?

DCFC79

Going on your first post OP you say you keep getting rejected so how many times have you tried to apply for loans ?

lippy1923

LOL DCFC79! Love your signature :rotfl:

DCFC79

lippy1923 wrote: »

LOL DCFC79! Love your signature :rotfl:

Yes its quite good, amused me alot, I dont think the poster who wrote it is on here anymore as I think he was a troll.

AFK_Matrix

You actually can't afford it as your having to get a loan to get the car. On your present salary getting the loan is NOT going to happen so forget about it. You have a working car so do the proper thing and save up. As your living at home you should be able to save up at least 10k in a year if not more with OT.

Mara69

crackster wrote: »

yeah she works full time and the car is fine just wanted a change in car and found my dream car which i could afford if i got the loan lol

So you can't afford it. The definition of affordability is that you have the funds available to pay for an item. You do not have the funds, therefore cannot afford it.

crackster wrote: »

i get around 1,000 pay every month and atn living with parents and pay nothing

Quite apart from the fact that you are leech that ought to be paying your way, if you are paying no board then you ought to be able to save £800 per month. In a year you'll have £9,600 and will be able to either move out and start paying your own way in life or buy a lovely, shiny car.