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
We're aware that some users are currently experiencing errors on the Forum. Our tech team is working to resolve the issue. Thanks for your patience.
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
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards