Not Sure Where To Post. 18 And Looking at Peugeot Just Add Fuel. Will I Get Accepted?

superfan9816

Hello, I'm a newbie here and really wanted to get some advice. I'm looking at the new 1.0 108 as my first car. It's around £255 a month on the Just Add Fuel offer with a £500 deposit. I can definitely do this and I'm rearing to go. I haven't taken my test yet and therefore cannot go to the dealer and check this out just yet.

On ClearScore, my rating is 195/700 which is understandable seeing as I have only had a history for about 5 months.

I have a Halifax Student Credit Card with a £500 limit. I have pretty much maxed it out but I always pay off around £100 each month and it's never late. (I am planing to pay it ALL off and get rid of it next month with my big summer holiday paycheque). I also have a £50 a month phone contract which I pay on time every month.

Does anyone have an opinion on whether I will be accepted based on their experiences? Or what number my rating will be in a couple months maybe? Thanks :j

dealer_wins

Wow as a bank shareholder, go ahead, credit is good credit is right

superfan9816

dealer_wins wrote: »

Wow as a bank shareholder, go ahead, credit is good credit is right

Are you saying I will be accepted? Sorry I don't understand :huh:

DCFC79

I don't think you will, save up and buy 1 with cash.

You have a job right ?

What's the summer pay cheque for ?

What is exactly on your clearscore credit file ?

[Deleted User]

With a revolving maxed out card, further credit is unlikely and also unwise.

Save up a few hundred and buy a car with cash.

superfan9816

DCFC79 wrote: »

I don't think you will, save up and buy 1 with cash.

You have a job right ?

What's the summer pay cheque for ?

What is exactly on your clearscore credit file ?

I work part time at Sainsburys and have done since 2014. My credit history exactly says 195/700, 4 positives and 4 negatives. It says I'm not signed up on electoral register but I did that a couple weeks ago so that should be updated on my file on next months report.

Do you have any ideas as to how to build my number a bit before October/November when I should be applying? I'm paying off the entire credit card balance on 2nd September

superfan9816

Deleted_User wrote: »

With a revolving maxed out card, further credit is unlikely and also unwise.

Save up a few hundred and buy a car with cash.

Ironically it works out more expensive to get a used car with the insurance than it does with Just Add Fuel. Strange I know :rotfl:

[Deleted User]

But you will save several thousands in repayments.

Ignore your credit score number. It means nothing.

DCFC79

Superfan9816 wrote: »

I work part time at Sainsburys and have done since 2014. My credit history exactly says 195/700, 4 positives and 4 negatives. It says I'm not signed up on electoral register but I did that a couple weeks ago so that should be updated on my file on next months report.

Do you have any ideas as to how to build my number a bit before October/November when I should be applying? I'm paying off the entire credit card balance on 2nd September

Save up is my advice.

You do not want to burden yourself with it, well maybe you do.

obay

Superfan9816 wrote: »

I work part time at Sainsburys and have done since 2014. My credit history exactly says 195/700, 4 positives and 4 negatives. It says I'm not signed up on electoral register but I did that a couple weeks ago so that should be updated on my file on next months report.

Do you have any ideas as to how to build my number a bit before October/November when I should be applying? I'm paying off the entire credit card balance on 2nd September

What are the negatives for?

marcarm

Over 250 a month on a car that you might not be able to drive for ages yet. There's no guarantee that you will pass your test so why not wait until then.

Ypure mad to even think of this before passing your test. Imagine not passing for a year, all the while paying all that money for the car to sit on the driveway.