Need £11k Personal Loan, Blackhorse Will Only Lend Me 4k!

margaretclare

No, your instinct is correct - DO NOT take out any form of secured loan, especially not to buy something which depreciates, like a car! Remember the warning words, and they are true 'Your home is at risk if you don't keep up the payments on any loan secured on your home'.

HTH

Margaret

littlejaffa

I know this might be a bit radical, but have you thought about the idea of buying what you can afford, like maybe saving for the car, and if you can't afford it...and by that i mean you don't have the money, then don't get it.

I did say it was radical

butch_dingle_2

paulr8794 wrote: »

Have rang a garage where the car is and they are looking at possibities including mini select (leasing option) they are going to call back will keep you updated.

sorry - i mean a contract on a new one - these new cars are heavily subsidised by bmw meaning that often they will work out cheaper per month than a used one.

They will often avoid telling you this if you are already interested in an older one, because it means they will clear some of their used stock.

easiest way is to phone a different dealer and ask about it.

[Deleted User]

You cant say that jaffa, OP deserves the car for getting a pay rise.

I think im deserving a BMW M3 on finance perhaps I should trade in my £500 diesel car. I think I deserve it for all my hard work After all a M3 will make my life more complete, id be happier as I have a expensive possession and im sure all the girls will change there mind about me and want to be with me.

DIVA07984

HI - it really weird how they accept u for one thing then not the next . i have 4 defaults and just found out i have 1 ccj. i got a car loan from blackhorse last aug - the car was for 8.5k it all totalled about 11k inc interest. Why dont u ask them to to give u the car loan - instead of cash

littlejaffa

Yant1 wrote: »

You cant say that jaffa

:eek: Oh look, i just did..

Sorry don't know what i was thinking suggesting we only buy stuff we can actually afford, shame on me!
ccj anyone?

DIVA07984

some of us can tell the truth to try to help others - if u are in better position than someone -then enjoy WHAT U HAVE - and stop finding fault with others.

Some people will lie on this site as if there lives /credit are -oh just perfect!!!

If it is so great - then y answer someones question with a negitive answer - help and ideas is what the person wanted

paulr8794

I really appreciate your honesty and advice Diva and everyone else!

I know im really shallow as buying things make me happy, but who cares as im fast approaching 30 if it stops my breakdown then its worth every penny!!

All I wanted was your excellent advice considering my circumstances and using your experiences

cheers , Pauly:T

danielle24

Have you checked your credit rating online? Are you positive it's just the one default? Is your name linked to someone with a really crap credit rating?

paulr8794

Yes defo , got all 3 reports and check them regulary. That is defo only thing. it was marked unsettled until recently and it is now marked as settled. Will never make that mistake again £80 default has cost me loads could of got a way better deal!