We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Need some advice on car finance...
itstheruddyroy
Posts: 1 Newbie
Hi there,
I am a 20 year old sales exec on a basic of 15k PA with commission on top. I currently have a 4k loan with my bank which I have paid religiously for the last year without missing a payment.
I have a phone contract, Overdraft and CC which all get paid monthly without fail. I have had the odd mistake here and there where I have been charged (One of which was a direct debit being set up in my name without me knowing!)
I am looking at getting a new car worth £13,700 and am looking at PCP for 3 years.
I was just wondering if you guys could help in terms of whether you think I would be accepted? I can easily afford the repayments even if I had a month where I earned 0 commission. Any help/feedback would be appreciated.
I am a 20 year old sales exec on a basic of 15k PA with commission on top. I currently have a 4k loan with my bank which I have paid religiously for the last year without missing a payment.
I have a phone contract, Overdraft and CC which all get paid monthly without fail. I have had the odd mistake here and there where I have been charged (One of which was a direct debit being set up in my name without me knowing!)
I am looking at getting a new car worth £13,700 and am looking at PCP for 3 years.
I was just wondering if you guys could help in terms of whether you think I would be accepted? I can easily afford the repayments even if I had a month where I earned 0 commission. Any help/feedback would be appreciated.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards