Evening all
This doesnt relate to myself but rather a relative and I will admit Im not well up in this area so just seeking some information (note not legal advice)
So to lay out the basic facts, the person is
-Came out of Bankruptcy about seven years ago
-Also has a personal insolvency arrangement
-Mortgage is restructured and mortgage provider has been approached to ask for further reduction
-Person is working two jobs to keep head above water
To commute to and from work, person needs a car as current car has just run up a lot of mileage. Car is costing a lot in repairs and is effectively knackered. Person needs a new car. Spoke with MABS who said that they should have a chat with bank, bank said if person applied for loan it would be a hard no. Person had credit union account closed due to bankruptcy.
Is there anywhere the person can go to get a car loan with a reasonable APR ? Loan would be for approx €9k to €11k.
Thank you for your time