Salary sacrifice

MovingForwards

The_Boss said:

MovingForwards said:

If your work loan is anything like the loan offered by my company, it's an external lender and the 'low rate' Apr is not guaranteed to be what you get.

Now for my usual comments (which I've typed so many times even predictive text knows what's coming):

Ignore the credit score and rating as it's not seen or used by any UK financial institution, it's the credit history they see and use as part of assessing applications.

I used to have wording to that effect in my signature several years ago when I was more of a regular - saved me loads of time.

I have thought about it, but then I'm sure there's quite a few of us who surf the net on our phones and signatures don't show, unless the phone is held in landscape.

rachelle567

MovingForwards said:

If your work loan is anything like the loan offered by my company, it's an external lender and the 'low rate' Apr is not guaranteed to be what you get.

Now for my usual comments (which I've typed so many times even predictive text knows what's coming):

Ignore the credit score and rating as it's not seen or used by any UK financial institution, it's the credit history they see and use as part of assessing applications.

Thank you, this has actually helped me understand it all abit more. 

jazzyja

My work does salary sacrifice cars, its deducted before tax and ni. Also effects your pension so I would look into it properly. Too much at stake for a car you never own. Its usually just a lease. I dont have great credit report but still managed to get a car on finance with vauxhall with a decent Apr and I own it at the end.