Negative influencer

luckybert

!!! wrote: »

Who knows, since your score isn't a factor used in lending and the "negative influences" are just there for score improvement (read - marketing to sell you unnecessary products).

Do you actually need to be applying for all these loans/accounts/cards?

I'd like to buy a car so yes I need a loan as I don't have the cash - (only probably need £8000) and yes I'd like a credit card where I have ages to pay back the balance - I've never had one before so unsure what they are officially called.

[Deleted User]

So you want car finance then, not a loan.
Or you could save up or get a cheaper car?

Regards the credit card, if you don't know how they work and what they're called, then again, why do you want one?

luckybert

Well I wouldn't take their finance - not sure who would - as a loan has better rates. I don't a cheaper car, I have the one I want in mind but just need a loan. I think this is normal no?

The credit card is something like this - https://www.moneysavingexpert.com/credit-cards/best-0-credit-cards/#barclaycard

[Deleted User]

luckybert wrote: »

Well I wouldn't take their finance - not sure who would - as a loan has better rates. I don't a cheaper car, I have the one I want in mind but just need a loan. I think this is normal no?

The credit card is something like this - https://www.moneysavingexpert.com/credit-cards/best-0-credit-cards/#barclaycard

OK
But what's your purpose for getting the credit card, other than the "take ages to pay the balance back offer"?

luckybert

At the moment I have to pay back the full balance each month, sometimes there are things I'd like to do but can't so with this I can do those things as I don;t need to pay it back so quick.

Willing2Learn

But you still need to pay it back. It needs to be budgeted for, same as everything else. From the what you have typed, it suggest to me that it is currently beyond your monthly budget.

If it were me, I would start saving money each month, to put toward a nice car.