Motor Finance DRO

OllyBongo

Hello im due to finish my debt relief order in March 2014.
Would I be able to get finance on a Peugeot scooter after this or am I going to get declined as I have just started working

alastairq

The DRO will probably show on your credit files.

Much will depend on the dealer's finance company rules.

However, since the dealer will be more interested in the finance deal, than the scooter, you can only ask.

Normally, the advice would be, to wait a year or two....however.

OllyBongo

alastairq wrote: »

The DRO will probably show on your credit files.

Much will depend on the dealer's finance company rules.

However, since the dealer will be more interested in the finance deal, than the scooter, you can only ask.

Normally, the advice would be, to wait a year or two....however.

This is the bike i want to get
http://www.peugeotscooters.co.uk/peugeot-scooters-detail.php/Satelis-2---RS---125i-26/#scooter-description

It is financed by / through Peugeot Motorcycle Finance, Black Horse Ltd, what you think? as i have never had motor finance before

My credit report currently shows this from noddle.
Capital One - Default £121 (Secure Card)
Micro Credit - Default £444 (Payday Loan)
EE LTD - Trading as Orange - Default £183 (Phone Contract)
EE LTD - Trading as T-Mobile - Default £707 (Phone Contract)
Nwb Current Account - Up to date - £0
Shop Direct Finance Company LTD - Default £368 (Littlewoods)