MPs and charities urge car leasers to publish sub-prime loan figures

[Tony]

Guardian Consumer Affairs

Fears over lending grow as 85% of new cars are financed using loans but car leasing lacks industry-wide figures for arrears and defaults MPs and debt charities have called on the car leasing industry to reveal the number of people in arrears and defaulting on loans, amid fears that consumer lending...

MPs and charities urge car leasers to publish sub-prime loan figures (external link to Guardian Consumer Affairs)

 

[swipka79]

I was never against different money problems and especially taking loan.

 

[kira676]

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[liamfox3]

I agree with your approach

 

[Williamfox]

I often look out for appliances and other goods on credit, and therefore I have a good credit history. To get a reverse mortgage at goodlifehomeloans.com and buy a house, I asked my grandmother for help and repair the debt to her, not the bank. The mortgage was secured by her apartment, but my grandmother kept her apartment by paying it off.
But I usually don't use quick loans but take out an installment loan to save on interest payments. If you don't have a good credit history, you're better off taking out an installment loan rather than a quick loan. Or take out a loan for a smaller amount. But your option is suitable for people with a bad credit history or no credit history at all.