We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Car finance - IVA

Barn74 · 2019-09-21 19:04:14

Hi All, Currently in a IVA which I’ve been in for 1 year. I have a HP whilst in the IVA but I need to change the car as it’s not a practical car anymore for my line of work. Needing something bigger currently pay £230 a month - my question is. I highly doubt I will get finance on another vehicle so am I able to get a…

Options

Comments

foxy-stoat Posts: 6,879 Forumite

24 September 2019 at 4:39PM

Andyjflet wrote: »

The OP didn't mention a personal loan, the specific quotation was about vehicle finance.

Hence why I indicated a personal loan would be better for them as you confirmed that taking out car finance for someone else was against the FCA rules.

Good that you commented again though just to clear things up.

0