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Loan for Car
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Good point actually. Looking at the description it looks like I have got PCP rather than HP.
I thought it was HP as it was written Hire Purchase on the cover my folder with documents inside. Maybe they use the same folder for both.
PCP's are nearly always HP agreements (a few are conditional sale) they just have a different payment structure to a straightforward "traditional" HP agreement. It could also be HP with a balloon payment that has no GMFV or mileage limits.0 -
YorkshireBoy wrote: »A 0% Money Transfer card with the added bonus of a 0% money transfer fee? Where from please?
Sorry I didn't intend to imply there was currently a card offering 0% transfer fee - I was posting on the fly as nobody at the time of my post had mentioned this option. I was merely explaining, broadly, what costs would be involved so the OP could investigate further. I would have been irresponsible not to mention the transfer fee but equally as they all differ it was impossible to give an accurate figure so I based my 0-3% on figures I have seen available in the time I have been aware of these cards.0 -
YorkshireBoy wrote: »It's been a long time since fee-free MT cards were available hasn't it? I personally remember having them with MBNA & Egg from 2005/06, but anything since that I've forgotten?
I miss Egg - those lovely fee free transfers into my offset mortgage made a big differenceI’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
& Credit Cards 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.0 -
That's what I thought. But working out if 5.9% then the monthly payment is £242 and if 9.9% then the monthly payment is £249. Both for 18 months period. So not a huge difference as I was expecting.0
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