question category: Debt Relief Order

Can I get car finance on a DRO


my car has broken down and costs way too much to fix! I have a DRO since January and due to new job (DRO aware) I could potentially afford the finance of £12per week atm. Am I able to get finance on a DRO?

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Re: Can I get car finance on a DRO

There are several things that may need to be considered about your Debt Relief Order it could depend on the value of the vehicle, the type of finance, your disposable income. If you contact the Debt Relief Order Unit at the Insolvency Service, or the Approved Intermediary who put together your DRO, and discuss in greater detail, before proceeding with any application, then you are not in danger of breaching the order.

This question was answered by Debt Advice Foundation, an independent UK debt advice charity. If you need further help, Debt Advice Foundation provides a free, confidential helpline and can advise you. Click here to find out more.

 

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