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Personal Contract Purchase (PCP)
#22
If I'd gone by that philosophy VNA, I wouldn't have enjoyed half the bikes I have over the years. I don't regret any of them (well, maybe the Superdream! - but that was bought outright for cash). I never have more than one loan at a time, I've never had a credit card or other debts at the same time, and I've always paid the loans off early. And one thing that has meant, is that whenever I go to my bank for a loan, the answer has always been "yes". But I have always also saved up a good deposit to keep the monthly payments as low as I can. Works for me.
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Re: Personal Contract Purchase (PCP) - by VNA - 27-10-13, 01:05 PM
Re: Personal Contract Purchase (PCP) - by nick crisp - 27-10-13, 02:26 PM
Re: Personal Contract Purchase (PCP) - by VNA - 27-10-13, 03:34 PM

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