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Car Finance

chadman2006
chadman2006 Posts: 41 Forumite
in Bankruptcy & living with it
Just a query really. Its been over 6 years since my BR, and wondered if I applied for car finance that they would check to see if I was BR.

Obviously my credit score doesn't show any defaults or my BR.

Has anyone has any experience in this?

If I was to decide on car finance I would make sure it wasn't going to be too much of a debt. Don't want to go down that road again.

Thanks

Comments

  • National_Debtline
    National_Debtline Posts: 7,998 Organisation Representative
    Tenth Anniversary 1,000 Posts Combo Breaker
    Hi chadman

    I'm not immediately aware of car finance companies tending to ask that question - it's more common on mortgage application forms - but even then I'm not personally convinced it has any great impact on their decision-making process, as the bankruptcy is over 6 years old and thus arguably has no relevance now.

    Regards

    Dennis @NDL
    We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps
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