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Thread: Car Loan Companies

  
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    gregpot2000's Avatar
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    Car Loan Companies

    Some of you may have seen my thread in the Insurace bit about wanting to buy my dads car. I did all the sums and I could have afforded it. But as I'm only 22 and with no credit history at all, the few places I tried didnt want to know

    Anyone know of any lending companies that would be willing to lend to someone without much history, and without a ridiculous APR?

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    BMAstra's Avatar
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    have you tried your bank ?

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    It was them I tried first, My dad actually works there but as a financial advisor so not really his thing, but asked his boss and he said there was realistically no chance either.
    Also tried Santander and they didnt really want to know.

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    you can get credit/loan for the car just remember you may pay a higher interest rate. YOu could get a credit card and this will also up your credit rating, maybe a mobile phone contract. Just don't go nuts
    Be an optimist - at least until they start moving animals in pairs to Cape Canaveral.

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    Paying car insurance by monthly installments also improves your credit rating.

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