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Credit Search for mis sold product
14 replies
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5 posts
Hi
I am hoping someone can give me some advice.
I put an application in for a car lease with leasingoptions.co.uk. As part of the process I had a credit search done which I agreed to. This was approved on the same day (Monday 6th January) and 4 days after (and despite chasing for an update with no response) 10th January I have been told the vehicle is now not in stock and therefore cannot have the vehicle!!
Surely this is mis selling a product? As at time of apllication and credit approval this was in stock..it took them 4 days to even repsond to me.
Is there anything I can do as it will leave a footprint on my credit file for something I cannot even have..
Please help.
I am hoping someone can give me some advice.
I put an application in for a car lease with leasingoptions.co.uk. As part of the process I had a credit search done which I agreed to. This was approved on the same day (Monday 6th January) and 4 days after (and despite chasing for an update with no response) 10th January I have been told the vehicle is now not in stock and therefore cannot have the vehicle!!
Surely this is mis selling a product? As at time of apllication and credit approval this was in stock..it took them 4 days to even repsond to me.
Is there anything I can do as it will leave a footprint on my credit file for something I cannot even have..
Please help.
0
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Replies
One search will have no impact on you.
You haven't actually been sold something.
It's like if you put an offer on a property, it's accepted, you apply for a mortgage, instruct a solicitor and then someone offers the vendor more money and they decide to sell to someone else. You were gazumped.
You're obviously annoyed you have an extra credit search, but it's accurate as you did apply for credit.
I don't see what you could actually do, you might as well ignore it. Lenders probably will too.
https://www.leasingoptions.co.uk/terms-and-conditions:
How would you envisage such arrangements working without credit checks?