Finance Application Declined, Deposit Payed- Help please :)

joedacrow · 8 Nov 2011 at 20:57

Hi guys, my finance application was declined, and i dont have any idea how to see the other ways in which i can pay, im really confused, since my deposit was paid and i want to make sure that i dont get ripped off and lose it.
Can i have some help at how to pay the rest , i cant find how to pay it basically.
Many thanks

Dunks · 8 Nov 2011 at 20:59

Pay for what? Your finance application was denied.

joedacrow · 8 Nov 2011 at 21:02

A pre built bundle, basically i dont have any credit rating, so they declined it, but i have paid the deposit, so what happens now

dfarrall · 8 Nov 2011 at 21:04

It gets refunded i believe, contact them.

Dunks · 8 Nov 2011 at 21:05

joedacrow said:
A pre built bundle, basically i dont have any credit rating, so they declined it, but i have paid the deposit, so what happens now

Well, save up the cash and buy it outright?

joedacrow · 8 Nov 2011 at 21:13

Im way too impatient !

Derek W · 8 Nov 2011 at 21:24

joedacrow said:
Im way too impatient !

tough?

SeraphX · 8 Nov 2011 at 21:32

joedacrow said:
Im way too impatient !

Man up then lol

if you have no credit history or record, don't waste your time applying for credit on large and expensive purchases, start small and work up, a contract mobile phone for instance

Failing that, save up! bad news often comes of people spending money they don't and may never have, don't be sucked in

andy_mk3 · 8 Nov 2011 at 21:38

Was the order with OCUK? The deposit should be sent back within a day or two.

SlyReaper · 8 Nov 2011 at 21:57

joedacrow said:
Im way too impatient !

...which is why you have a poor credit rating.

Brookert · 8 Nov 2011 at 22:00

Get a contract phone and a credit card with an interest free period, and use it in daily shopping and pay the balance straight away. Make sure your on the electors register (if your old enough).

joedacrow · 8 Nov 2011 at 22:12

I was only 100 quid short, and i didnt mind spending the extra 250 over the 36 months, i would have been easily able to pay, just with mw3 out today and bf3 out last week, im desperate to have it!, ive got my contract phone haha,

Thanks a lot guys, it was with OcUK, so many thanks for clarifying thatAndy mk3

FoxEye · 8 Nov 2011 at 22:12

Whatever happened to only buying what you could afford?

Are we really a nation that buys everything on credit?

NoIdea · 8 Nov 2011 at 22:14

If it was one of those internet loan companies, then the fee is usually a broker fee, and have to pay it regardless of whether you were approved or declined. Read their t&c's as there is usually a way of getting a refund.

Also, the distance selling regs could be applicable if conducted the application in a non face to face environment.

EDIT

Should really read the original post in more detail before tying........

Pawnless Endgame · 8 Nov 2011 at 22:20

If you're only £100 short, then I'd save that much then buy outright. If it takes a couple of months, then chances are you might get a better spec bundle for the same price or same bundle but cheaper.