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!
PCP Settelment - What affect of credit rating
hufc2002
Posts: 329 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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.1K Banking & Borrowing
- 254K Reduce Debt & Boost Income
- 454.8K Spending & Discounts
- 246.2K Work, Benefits & Business
- 602.4K Mortgages, Homes & Bills
- 177.9K Life & Family
- 260.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards