Worried I won't get finance! Help :(

Hello everyone!

Got my consultation on the 26th of January but I’m worried I won’t be able to have finance 🙁

I’ve already got a car on finance is that a good thing?

I’d like to pay a 10% deposit and the rest over 4 years is that even possible?

Does anyone know the finance company they use?

Will I find out the full amount in my first consultation and if I can get finance?

Sorry for all the questions I just don’t want to get excited about it and then not be able to have it done

Any advice please?! Thank you xx

Hiya I think it’s quite hard to be accepted for finance from what people have said, I personally went for my consultation and they send you the finance form through so you know before you pay deposit if your accepted, I tried a loan from the bank first they said no, I have a middle credit rating as I only have w credit card in my name, so thought why not try the finance and got accepted no idea how they score. I had my boobs done 3 months ago now and the finance company are really good always get back to emails etc 🙂

Hello!

I have been accepted for finance before cause of my car, so hopefully that will help me cause I’ve never missed a payment for my car! But I asked the bank and they said no too! I’ve got a medium credit rating also! I’m glad they give us the form before we pay the deposit! Thank you that really helped!! Xx

Hiya.. My partner applied for the finance for me as I knew I wouldn’t get accepted. He also has a car out on finance but only recently so got declined 🙁 I think it was coz although he’s never missed a payment they think keeping up with two finances was too much in such a short space of time. How long have you had your car on finance for? Once you get your PC to email you for finance form it has the amount you have to pay at the top each month. Xx

Hello!.. I’ve had my car finance 19 months! So I’ll get an email with the form to apply for finance and it will say the amount I’ll be paying each month?xx

I got rejected for finance despite having a perfect credit history and zero debt in my life.

I called my bank and they have given me a credit card with better interest rates anyway. Maybe try the bank first? I don’t know why I didn’t just try them first!

Sorry I didn’t see the bank comment.

There are credit cards you can get when your credit is abysmal so there will be something you can do I’m sure! My friend has a credit card to build her credit rating back up again and she had a debt relief order which ended 2 years ago. Have a shop around

I’m looking in to a few different companies, got my MYA consultation on Tuesday 26th so hopefully find out everything then, I do hope I can get some sort of finance!!

yeah it says the amount each month at the top.. at your consultation she will tell you how much your whole procedure will cost too..well my pc gave me the paper work at the end and it said it on there but if you explain you wanna finance your pc will send an email over straight away. xx

Hey,

I got accepted for finance with MYA with a £500 deposit, I have good credit history not great. No home under my name or anything message me if you want more info 🙂 xxx

I’m so excited for my consultation! Amazing thanks girls!!

I’ve added you Jessica xx

They dont tell you what you get rejected on so I have no idea why I was rejected with nothing negative in my credit history. The only thing I can imagine is the last place I lived a little over a year ago the flat had bad credit attached to it or something. Apparently credit can go 50/50 on you personally and the address you live at.
I hope you get it, I really do but just in case try to look around too so you have options, cause I was nearly sick when it came back declined given my clean history.
Also with a Credit Card I was told yesterday after being approved for one and date all set for the 3rd of Feb, after calling ready with my desposit that they need 14 days from the date of credit card payment for the appointment, absolutely devastated cause I have to wait for the card to come now and another 14 days after that!

Just be prepared for all circumstances and you wont be disappointed 🙂

Fingers crossed that you get it though xxx

I’ll defo look in to other options! Thank you for the advice! Do really appreciate it! I hope so too, I really want this done soon hopefully!! Xx

So glad I came across this topic! Has helped me out a lot! Hope you get sorted Sophie 🙂 x

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