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CCJ Satisfied ...Car Finance ?
Jleigh92
Posts: 1 Newbie
Hi Guys,
I'm potentially looking to go for a new car and i currently have a satisfied CCJ.
(Aprox 2 years left till cleared)
I also have credit card no overdrafts and a overall good credit rating.
Would i be likely to be accepted for finance at a main dealer ?
I was wondering if any one might have had a similar circumstance and was accepted for finance ?
I just don't want to apply then be rejected for finance the effect my credit in the future.
I'm potentially looking to go for a new car and i currently have a satisfied CCJ.
(Aprox 2 years left till cleared)
I also have credit card no overdrafts and a overall good credit rating.
Would i be likely to be accepted for finance at a main dealer ?
I was wondering if any one might have had a similar circumstance and was accepted for finance ?
I just don't want to apply then be rejected for finance the effect my credit in the future.
0
Comments
-
Hi,
Its impossible to say to be honest.
Some lenders accept satisfied CCJ`s, others dont.
The further back in time it is, the less effect it will have on you, is the guiding principle here, but often a CCJ, settled or not, is taken as a warning indicator by lenders.
Main dealers credit suppliers usually have the highest acceptance criteria, maybe if you search for your finance beforehand, online, that might be a better option.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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