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Vehicle Leasing for Ex Bankrupt
Gary1970_2
Posts: 2 Newbie
In May this year I will have been released from Bankruptcy for 2 years and I now have an Experian credit score of 926. Going Bankrupt was the best thing I did and allowed me and my wife to start again and we now run a successful catering company. I was wondering what our chances were for being accepted for a vehicle lease in order for our business to grow!
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none. Its been 4 years since I was released from BR. I have a mortgage, business overdraft, credit cards etc. My company turns over 7 figures and I have a 25,000 sq ft factory. I have trade credit accounts of over 250k and yet couldn't get a vehicle lease. Ended up just paying 26k lump sum for a new pick up. I could have done without this and it makes a mockery of the finance companies approval methods. On the other hand I have a lad who works for me whos girlfriend has been working in her first job for 3 months and has just got credit on a new citroen. BR hasnt affected me in any way apart from vehicle lease!0
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