Carloan4u car finance - anyone used them?

[300bhp/ton]

Scammers or legit? Any other views?

[DannyVTS]

Judging by the name, avoid.

[Crow555]

Surely going onto the likes of moneysupermarket or moneysavingexpert so see what the best loans from the high street are at the moment would be a better bet? I tend to avoid anything with "4U" in the title.

[aka_kerrly]

They appear to be are a broker service who claim to find you a loan yet in their T&C offer no guarantee that they can actually secure you any finance yet claim that they can deal with all types of nasties like CCJs, poor credit rating, ex bankrupts etc etc.

My view is that they will no doubt tell everyone an anyone they CAN get you a loan, you pay fees for them to apply to the same companies that you could apply to directly. So the added value is?????? exactly, there is none, if you want a loan apply to banks.

dave

[hornetrider]

DannyVTS said:

Judging by the name, avoid.

+1000

[300bhp/ton]

Thanks.

But I take it nobody has actually used them or has first (even 2nd) hand experience then?

[Mr2Mike]

The Crack Fox said:

As a rule I avoid any company with text speak in their name.

This. A bit like "InjuryLawyers4u" - it doesn't convey the impression of a quality and professional organisation.

[300bhp/ton]

The Crack Fox said:

As a rule I avoid any company with text speak in their name.

What like "Toys R Us"??

[hornetrider]

300bhp/ton said:

What like "Toys R Us"??

I'd happily buy an Action Man from them. Finance to buy a car, not so much.

[cheesesliceking]

hornetrider said:

I'd happily buy an Action Man from them. Finance to buy a car, not so much.

dont, action man is st now no fuzzy hair or anything.

[hornetrider]

cheesesliceking said:

hornetrider said:

I'd happily buy an Action Man from them. Finance to buy a car, not so much.

dont, action man is st now no fuzzy hair or anything.

What about eagle eyes?

[Thankyou4calling]

Company called 'mobile money' advertising loans against your car at the moment. At the end they state an APR of 470 percent! Blimey, that is steep.

[Crow555]

Thankyou4calling said:

Company called 'mobile money' advertising loans against your car at the moment. At the end they state an APR of 470 percent! Blimey, that is steep.

That's like those Quickquid short term lenders you see advertising on the TV nowadays, especially with their generous 25% offer if you ring today and quote the onscreen code.

When I say generous, I mean not at all. 25% off 1748%? No thanks.

[carloan4u]

Hi all just reading through. Hope you are all ok?

Can I point out that Carloan4u is not connected with the type of companies mentioned here?

Cheers

David

Edited by kitchenham on Tuesday 28th June 15:31