Car finance 24/7

Hi I recently applied for a loan to buy a new car through car finance 24/7, however on checking my credit file I've noticed that 9 credit searches have been carried out, 2 by the same company, is thus fair as it gas really knocked my credit rating.

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  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Yes. Their terms state that they'll farm you out to various lenders who will credit check you.

    Expensive way of buying a car though, with a representative 25.8% APR.
  • Yes we've decided to give it a miss as the interest rate was so high but unfortunately with a less than perfect credit score my options are limited and I'm contactually obliged to have a car for work?

    Thank you for your response.
  • Dandytf
    Dandytf Posts: 5,062 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Yes we've decided to give it a miss as the interest rate was so high but unfortunately with a less than perfect credit score my options are limited and I'm contactually obliged to have a car for work?

    Thank you for your response.

    Try searching for Moneybarn, yes the rates are high though maybe affordable.
    Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb
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