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Hi all, I'm after some guidance if you would.
I'm currently just over 3 years into a 4 year PCP contract. My loan total was £13876. I currently have an outstanding balance of £5745 which includes the balloon payment, so i'm well over the 50% mark.
My main concerns are;
I work with cars so I've serviced the vehicle myself, always on time and with genuine parts. Would this cause an issue because the book isn't stamped by a "Main Dealer" even though it has been stamped.
Would a VT affect my ability to apply for credit in the future? I'm aware that it doesn't affect credit rating but I know there will be a mark on there saying I've Vt'ed before
I've read through the forums but in the threads no one seems to post updates on whether they've been successful. I'm planning on sending the first template letter as soon as i can get some more information, or help from some of the people on here. Thank you all in advance.
I'm currently just over 3 years into a 4 year PCP contract. My loan total was £13876. I currently have an outstanding balance of £5745 which includes the balloon payment, so i'm well over the 50% mark.
My main concerns are;
I work with cars so I've serviced the vehicle myself, always on time and with genuine parts. Would this cause an issue because the book isn't stamped by a "Main Dealer" even though it has been stamped.
Would a VT affect my ability to apply for credit in the future? I'm aware that it doesn't affect credit rating but I know there will be a mark on there saying I've Vt'ed before
I've read through the forums but in the threads no one seems to post updates on whether they've been successful. I'm planning on sending the first template letter as soon as i can get some more information, or help from some of the people on here. Thank you all in advance.
