@on the spectrum
“Not being rude but how the hell did you get finance without a credit check finding out you was bankrupt so soon as most people with bad credit history or retired find it very hard to get any finance and Experian credit ref agency I was told for a lease car you need well over 800 points and most people where I live only score in the 500-700 score so quite amazed you got this but good luck to you.”
I said my bankruptcy fell off last month. It has been on my credit reports for the last 6 years but is now gone. I’ve helped my credit by taking out a credit card 3 years ago and building the limit up from 1k to the current 7k. I use the card regularly but always pay the balance off in full, usually well before the due date. I have a couple of mobile phone contracts and the usual utility suppliers and have ensured everything is golden there so my rating is very good now the bankruptcy is gone.
Retired – the garage couldn’t have cared less nor was there any interest in me proving income. I think that, especially with the loan being tied to a vehicle, they were more concerned with knowing where to find me in case they needed to repossess the car.
As @swwchris says, it was probably easier to get the loan with the car being the property of the finance company until the final payment is made. I just ensured that I had done everything possible to maximise my chances before applying. A soft credit check via Tesco Bank for a personal unsecured loan of 17k said I had a 95% chance of acceptance so I thought I was pretty much guaranteed to be accepted via Suzuki Finance.
It’s like anything – plan ahead and get your ducks in a row and you can make things happen.
By the way, my bankruptcy was due to issues relating to my ex-wife and the mortgage our ex family home and my refusal to carry the can leaving me with bankruptcy as the only option. Hey ho.