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
Car Finance - PCP
NathanMorgan
Posts: 173 Forumite
Hopefully next week I'll be having a new car which is worth £15,000 and taking out a PCP finance plan with the dealership over 4 years which works out £190/month.
I currently have a £3,000 personal loan with my bank and two other credit amounts against me (Sofa & Laser Eye Surgery). I have made all my repayments and never missed one.
My question is, will there be a possibilty that im refused the PCP finance deal to have my new car as this is bugging me and I don't want to get my hopes up too early?
- Nathan
I currently have a £3,000 personal loan with my bank and two other credit amounts against me (Sofa & Laser Eye Surgery). I have made all my repayments and never missed one.
My question is, will there be a possibilty that im refused the PCP finance deal to have my new car as this is bugging me and I don't want to get my hopes up too early?
- Nathan
0
Comments
-
There is always a risk they will reject you.
If your finances are all good and no missed payments then thats unlikely.Censorship Reigns Supreme in Troll City...0 -
NathanMorgan wrote: »
I currently have a £3,000 personal loan with my bank and two other credit amounts against me (Sofa & Laser Eye Surgery). I have made all my repayments and never missed one.
Why would you miss one?
What matters most is the financial commitments you have in relation to your income, i.e. affordability.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards