Patrick
Member
Registered: 25th Apr 02
Location: SE London
User status: Offline
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I've been trying to get a loan to pay for the Astra that I'm meant to be picking up next week. (Left it all to the last minute as usual). Anway, fuck knows why but I've been refused twice already, once by the AA and once by Abbey National online loans.
I don't understand it cos I earn £23k and am only borrowing £11k, have had loans before which I always pay and have never been fined for late payments, never been to court etc..
Put a downer on today so far! 
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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maybe they just dont like u! Sorry!!!
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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You could always get your motor car financed with GMAC...
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Red_SXi
Member
Registered: 23rd Sep 02
Location: Dunstable Drives: 52 Plate BMW 3 M Sport Coupe
User status: Offline
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Yep mine is with GMAC, its in my Dad's name but the money comes out of my account. I had to do it this way cos i was 17 when i got the car.
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vibrio
Banned
Registered: 28th Feb 01
Location: POAH
User status: Offline
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try ww.egg.com, or a google search for personal loans. there are loan engines which find you good rates. 11K you should not be paying more than 7.5% really
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Patrick
Member
Registered: 25th Apr 02
Location: SE London
User status: Offline
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The ones I've been trying are around 6.5% APR. I would not go on finance at Vauxhall they rip you off with about 17% interest rates. Fuck that!
It really pisses me off, it's not as if I'm on a low wage and I've never had any financial problems, I just don't understand why they refused me? 
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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Do you have any existing loans/credit cards etc.?
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Gambit
Member
Registered: 5th Jun 00
Location: Common Sense HQ
User status: Offline
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spend 2.50 and find out your credit score
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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Yeah Equifax or Experian innit.
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Patrick
Member
Registered: 25th Apr 02
Location: SE London
User status: Offline
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quote:
Originally posted by Sam
Do you have any existing loans/credit cards etc.?
I only have a £3500 loan of which £2987 is remaining.
Oh, and no credit cards. I don't have any. 
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Patrick
Member
Registered: 25th Apr 02
Location: SE London
User status: Offline
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quote:
Originally posted by Gambit
spend 2.50 and find out your credit score
How does that work out?
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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You send them a cheque for £2.50 and they post you your credit file (ie. who has done searches on you, current status of any loans or finance, how often you pay, etc.
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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quote:
Originally posted by Patrick
quote:
Originally posted by Sam
Do you have any existing loans/credit cards etc.?
I only have a £3500 loan of which £2987 is remaining.
Oh, and no credit cards. I don't have any.
Maybe it's because you don't have much finance, they don't really know what your like when it comes to repaying your debts etc.?
Have you tried getting a loan from your bank out of interest?
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Patrick
Member
Registered: 25th Apr 02
Location: SE London
User status: Offline
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My bank (Barclays) Want to give me an interest rate of 16.9% so they can fuck off too. 
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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Your bank will always give u it. i got refused credit cards then went to my bank and they gave me 1 straight away with 1500 cr limit.
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Craig W
Member
Registered: 31st Oct 00
User status: Offline
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So you put a deposit on the car before you knew you could pay for it?
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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quote:
Originally posted by Craig W
So you put a deposit on the car before you knew you could pay for it?
Craig, this is Patrick we are talking about here!
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Patrick
Member
Registered: 25th Apr 02
Location: SE London
User status: Offline
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I didn't think I would get refused, I mean why would I? I can easily afford the £250 a month to repay the loan.
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Scott
Member
Registered: 11th Mar 01
Location: Kilmarnock,Scotland
User status: Offline
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the bank will always give u money to borrow
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Patrick
Member
Registered: 25th Apr 02
Location: SE London
User status: Offline
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I'm not gonna pay back 16.9% interest though,
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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quote:
Originally posted by Patrick
I'm not gonna pay back 16.9% interest though,
Well if no-one else wants to give you a loan with lower APR, then it looks like you will have to speak to your bank, sunshine! 
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Craig W
Member
Registered: 31st Oct 00
User status: Offline
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quote:
Originally posted by Sam
quote:
Originally posted by Patrick
I'm not gonna pay back 16.9% interest though,
Well if no-one else wants to give you a loan with lower APR, then it looks like you will have to speak to your bank, sunshine!
Or forget about the Astra and continue doing the Corsa up
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Patrick
Member
Registered: 25th Apr 02
Location: SE London
User status: Offline
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Na, I'm fed up with the Corsa. I want a bigger, more luxurios car. 
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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quote:
Originally posted by Craig W
quote:
Originally posted by Sam
quote:
Originally posted by Patrick
I'm not gonna pay back 16.9% interest though,
Well if no-one else wants to give you a loan with lower APR, then it looks like you will have to speak to your bank, sunshine!
Or forget about the Astra and continue doing the Corsa up
LMAO sounds worse than me with my ideas for cars and stuff!
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Scott
Member
Registered: 11th Mar 01
Location: Kilmarnock,Scotland
User status: Offline
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well u cant have it without paying for it
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