BMW Car Finance questions

gags

Does anyone know what CRA they use? Also what Finance provider they use?

Thanks

neilmcl

BMW Financial Services (GB) Ltd. What's a CRA?

gags

neilmcl wrote: »

BMW Financial Services (GB) Ltd. What's a CRA?

Credit Reference Agency

neilmcl

Why not speak to one of the finance guys at your BMW dealership, or better yet contact BMWFS directly - customer.services@bmwfs.co.uk

Have you been refused credit by any chance?

neilmcl

Having read this - http://www.bmw.co.uk/en_GB/footer/imprint-overview/privacy-policy-pool/privacypolicy.html they reference Call Credit, Equifax and Experian, so may be they use them all.

gags

Thanks @neilmcl

I have a 949 on Credit club but I've just rebuilt my credit and wanted to make sure the hard search was worth it...

worried_jim

That number is meaningless, only you see it.

harrys_dad

gags wrote: »

Thanks @neilmcl

I have a 949 on Credit club but I've just rebuilt my credit and wanted to make sure the hard search was worth it...

"Just rebuilt credit" and buying a BMW on finance? If your credit needed rebuilding because you hadn't borrowed any money so had no history, great. If it needed rebuilding because you have been paying down debt then maybe you need a rethink.

CHR15

harrys_dad wrote: »

"Just rebuilt credit" and buying a BMW on finance? If your credit needed rebuilding because you hadn't borrowed any money so had no history, great. If it needed rebuilding because you have been paying down debt then maybe you need a rethink.

http://forums.moneysavingexpert.com/showpost.php?p=23380999&postcount=1

HSBC have advised that I speak to Payplan with regards to my credit cards....anyone had any experience with them?

motorguy

CHR15 wrote: »

http://forums.moneysavingexpert.com/showpost.php?p=23380999&postcount=1

Post from 8 years ago?

CHR15

motorguy wrote: »

Post from 8 years ago?

To clear up the question about no previous credit history at all or rebuilding a broken one.