My son wants to buy a car on finance, he does have a credit card, he got it to have some credit history that was positive, he was told by his bank that because he had no history of having credit he'd have to have a higher interest on 39% at first, he pays it in full every month by direct debit. He applied for a loan at Tesco Bank and has been refused yet other than the card he has never borrowed anything from anyone, not even us. My hubby and I are more likely to win the lottery, we don't play, than get finance.
Is my son been blacklisted because of us and can he disown us if he is?
Alison
Is my son been blacklisted because of us and can he disown us if he is?
Alison