Get expert opinion. This is the place for new questions to be posted.
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Steve81
- Posts: 3
- Joined: Wed Apr 13, 2011 9:35 pm
Hi, we finished our iva n april 2011 and i am now in need of a car how do we stand on getting finance. Checked credit report everything looks ok.
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luluj
Forum Expert
- Posts: 11333
- Joined: Sun Dec 09, 2007 6:54 am
- Location: United Kingdom
As long as all clear on credit file including all defaults removed you should be ok with normal car finance .... I know forum members who gave recently gainef mainstream finance with Black Horse and Barclays.
If in doubt you could approach Moneybarn who specialise in finance deals for those with past iva's but interest rates will be higher.
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
Look at my blog "All I wanted was a baby"
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Adam Davies
- Posts: 14596
- Joined: Thu Mar 29, 2007 12:21 pm
- Location:
Hi
If there is no record of the IVA and defaults etc you should have no problem with obtaining finance. If you do run into problems try Moneybarn, they have helped several forum posters
Regards
Andam Davies
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Shining
- Posts: 27019
- Joined: Thu Sep 20, 2007 8:57 am
- Location:
Hi if it all looks ok you should be ok to get high street finance, I recently did this through Barclays.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.