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Buying advice please!
I will try to keep this as brief as I can!
I have a car on finance with Black Horse but it has just had a few very expensive problems crop up. I need a car daily for work as I live in the country and am not served by public transport, but I am unable to get the money quickly to get the work done. Car would be off the road for at least a couple of months whilst I get the work done, but obviously no car equals no work.
I am now over the half way period of my agreement and as per my T&Cs with Black Horse, I can now return the car to them to complete the agreement and have no more owed to them.
My question is about what I can do to get a car sorted. I don't mind getting one on finance, but I have a poor credit rating. I again cannot afford to buy a second hand cheap one for a couple of months which is the time it would take to save up.
What companies have people used for purchasing a car when having a poor credit rating? Has anyone found any key points I should be checking for in regards to the credit agreements and these companies? I see lots of Ads on the net saying they guanantee car credit, but wanted to see what peoples experiences were.
Any advice would be welcome...I am at a loss at the moment!
Mandoo.
I have a car on finance with Black Horse but it has just had a few very expensive problems crop up. I need a car daily for work as I live in the country and am not served by public transport, but I am unable to get the money quickly to get the work done. Car would be off the road for at least a couple of months whilst I get the work done, but obviously no car equals no work.
I am now over the half way period of my agreement and as per my T&Cs with Black Horse, I can now return the car to them to complete the agreement and have no more owed to them.
My question is about what I can do to get a car sorted. I don't mind getting one on finance, but I have a poor credit rating. I again cannot afford to buy a second hand cheap one for a couple of months which is the time it would take to save up.
What companies have people used for purchasing a car when having a poor credit rating? Has anyone found any key points I should be checking for in regards to the credit agreements and these companies? I see lots of Ads on the net saying they guanantee car credit, but wanted to see what peoples experiences were.
Any advice would be welcome...I am at a loss at the moment!
Mandoo.
Lightbulb moment: August 2007. Debts totalling £15,634.
Debt as of 19th July 2012 - £6,426.
Estimated Debtfree Date: December 2017, but aiming for a lot sooner!
Debt as of 19th July 2012 - £6,426.
Estimated Debtfree Date: December 2017, but aiming for a lot sooner!
Official DFW Nerd club member #798. Long Haul Supporter #98.
Proud to be Dealing with my Debts.
Proud to be Dealing with my Debts.
0
Comments
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Guaranteed Car Finance = figures in the region of 30% APR.
Just find your next car, sort the finance out with BH and see how you go. Rather than putting a haze on your already iffy finacial background.0
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