We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

Loan HELP!!!

Options
Hi,
I'm 20 and need to finance a new car (well new to me!!!).
My first thoughts were a loan and I can only really afford a small one of about £3300 over 4 years.
BUT i seem to have a problem - i don't have a credit history and so far have been refused by two loan companies.
Has anyone got any suggestions or ideas?? :confused:

Thanks - Anything is much appreciated.

Comments

  • asandwhen
    asandwhen Posts: 1,407 Forumite
    Ok you wont get the best on the market but it is still possible to get a loan all be it at a slightly higher rate - firstly try your bank if you have a good relationship with them - or you can try some of the high street banks that lend at a higher rate for higher risks such as barclays/lloyds..... good luck.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.7K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.