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PCP Settelment - What affect of credit rating
hufc2002
Posts: 320 Forumite
Hi all
I have recently changed my car (mid June). Original car was on a 48mth PCP and I changed car at approx 36 months. Origianal PCP was settled and I commenced a new 48 month PCP for my new car.
Long story short there is an onging issue with the new car therefore the dealer has offered me a 'New car' as a goodwill gesture however this will mean signing up to a new PCP agreeement and current PCP will be settled.
As I will be entering a new agreement, a finance proposal would be submitted which would record a credit search on my credit file. This is the bit thar worries me.
Should I be concerned about anything.
Cheers
I have recently changed my car (mid June). Original car was on a 48mth PCP and I changed car at approx 36 months. Origianal PCP was settled and I commenced a new 48 month PCP for my new car.
Long story short there is an onging issue with the new car therefore the dealer has offered me a 'New car' as a goodwill gesture however this will mean signing up to a new PCP agreeement and current PCP will be settled.
As I will be entering a new agreement, a finance proposal would be submitted which would record a credit search on my credit file. This is the bit thar worries me.
Should I be concerned about anything.
Cheers
0
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