Car finance after discharge

lisanewman1980

My husband's company is trying to force him into having a car allowance. We were both discharged last june. Do u think its likely he would be able to get car finance from anywhere?

philnicandevan

while bankruptcy sits on credit files for 6yrs it'll be very difficult to obtain finance most likely ones will be with a sky high APR (car craft etc)

lisanewman1980

That's what I thought, its creating so much stress at the moment :-(

Worcsman

Somebody else could take out a lease agreement on a car, then have your husband as a named driver.. Could that work? Would need a ton of trust though. Or buy a reliable old motor on the cheap and pocket the allowance?

TheGardener

I know my old car wont last much longer and my brother has already agreed to take out a lease agreement for me as long as I can give him 3 months payments in advance plus the deposit. I am saving every penny I can for this (in my lovely Credit Union Account :A) and hoping I can save enough before my dear old banger gives up the ghost.

claret_mike

Rent from somewhere like APEX rentals - no credit check....

scottishsodapop

i used first response finance for buying car intrest was high but i had to start some were
never had a problem with them but i didnt miss any payments