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Best loan deal for used car please.

am.jovial
am.jovial Posts: 155 Forumite
Ninth Anniversary 100 Posts Name Dropper Combo Breaker
in Loans
Where can I find the best deal for loan for a used car buying?
I have seen the attractive personal loan offers from Tesco, and Sainsbury's etc.

Please suggest.

Thanks,
Am

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    you have forgotten to tell us
    how much you want to borrow
    what your credit files say
    what you earn and your employment situation
    your existing debts
  • thebritishbloke
    thebritishbloke Posts: 1,472 Forumite
    As CLAPTON has said, we need to know more to figure out where you'll actually get accepted, rather than just who's offering the best deal.

    E.g. Sainsburys are offering 3.7% on £7,500 - £15,000, but if you've got a terrible credit history, you're going to get an offer of 29.9%, if any offer at all.
    Credit 'Score' - Don't buy the credit 'score' that Experian, Equifax and Noddle want to sell you. It's an arbitrary number that means nothing when it comes to applying for credit.

    ALWAYS HAVE A DIRECT DEBIT SET UP FOR THE MINIMUM PAYMENT ON YOUR CREDIT CARDS, REGARDLESS OF WHETHER YOU PLAN TO LOGIN AND PAY EACH MONTH.
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