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Car finance post IVA

runiu
runiu Posts: 17 Forumite
Hi,

Has anyone of you tried to get the car finance after completing IVA early?

I've F&F offer month ago accepted and was wondering if there is any chance of getting a car...

Many thanks

Comments

  • techno1029
    techno1029 Posts: 105 Forumite
    Dont hold your breath on that one runiu...I satisfied IVA last June and have just recieved my certificate...until you get that and at least three months after once its satisfied on the insolvency register you may be able to get finance for a car but it will be high interest rate. I just had serious issues getting a decent car insurance deal with monthly payments. Good luck though!!!
  • runiu
    runiu Posts: 17 Forumite
    Just an update.

    Went to Cargiant and got accpeted. Credit limit 5k but the apr is something about 35%...
  • runiu wrote: »
    Just an update.

    Went to Cargiant and got accpeted. Credit limit 5k but the apr is something about 35%...

    Good to know these things are possible, I received my certificate last week, thought I would be waiting a year or 2 before upgrading my car, although at that rate might be worth waiting until I really have no choice :think:
  • techno1029
    techno1029 Posts: 105 Forumite
    Well done....I maybe needing a new runaround soon so will bear this in mind!
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