Can I get car finance if I have a CAT6

Standingstrong

Can I get car finance if I have a CAT6 CIFAS 

thanks 

eskbanker

Seems unlikely, but there's only one way to find out for sure....

cymruchris

Didn't you only recently get a pretty much free car from Cazoo? Is the Cat6 related to that? I know you said in the original thread that 'it was all sorted', but you didn't mention how. Is that still ongoing? Or has that come to conclusion? Did you end up keeping the car or returning it?

*Edit - can see from another thread that it was a previous issue where you mentioned the 'bank had put it against your name in error' when trying to get a new account. Are you still in the process of getting that resolved? How far along the road are you on that one?

Realistically car finance with the major providers I'd say would be likely a no, maybe a few small time back street dealers who secure the finance on the car and self-fund might say yes?

MattMattMattUK

Standingstrong said:

Can I get car finance if I have a CAT6 CIFAS 

thanks 

It is highly likely you would struggle to open a new bank account, let alone borrow money. One would think the best thing would be to keep your head down. 

mcpitman

How did you get a CAT 6? Was that from Cazoo?

What is a Category 6 CIFAS?

6. Asset Conversion: this is where an individual sells goods, to which they do not have title to, under a hire purchase, conditional sale, contract hire, leasing or rental agreement. This most often involves motor vehicles. This can remain on your file for up to six years.

Standingstrong

mcpitman said:

How did you get a CAT 6? Was that from Cazoo?

What is a Category 6 CIFAS?

6. Asset Conversion: this is where an individual sells goods, to which they do not have title to, under a hire purchase, conditional sale, contract hire, leasing or rental agreement. This most often involves motor vehicles. This can remain on your file for up to six years.

No it was from HSBC.

Standingstrong

kaMelo said:

t would be nice if the OP provided the complete story behind their question right from the off. Given their posting history I would suspect however that this will become yet another long, drawn out and confusing thread with partially answered questions and contradictory information drip fed throughout.

I have learning difficulties so please bare with me if I don’t explain things properly