Car finance is one of the most common forms of borrowing in the UK. Millions of people use hire purchase (HP) or personal contract purchase (PCP) agreements to spread the cost of a vehicle. However, lenders have a legal responsibility to make sure the finance they provide is affordable. If a lender gave you car…
In 2014 I took out a hire purchase agreement to buy a car. At the time, I believed the lender had checked everything properly and that the finance had been approved responsibly. Years later, after struggling with the repayments and eventually returning the vehicle, I complained that the lending had been unaffordable from the beginning….
I was weighing up whether I would carry out a Voluntary Surrender of my Car on Finance. My car finance is one of my many debts. This debt is up to date and not in arrears. To anyone looking in from the outside, this debt appears to be a healthy and normal loan being repaid…
In this post I discuss Car Finance for Bad Credit. If you are like me then you probably have bad credit and cannot just pop into your local bank branch and get a loan. We are considered too high a risk for mainstream lenders so we are left with no option but to seek finance…
Slightly off topic I know but here is my Moneybarn Review. I recently and successfully applied for car finance with Moneybarn via a broker. Seeing as though I am now a customer of Moneybarn I thought I would share my experience. Why did I choose Moneybarn? I have bad credit and as a result my…