Why you should AVOID 'Bad Credit Car Finance'

[@in.m1417]

Very informative video, I don't see why you'd get hate for it as you said. You're trying to inform young people on why its bad to go into finance deals with bad credit history. Thanks for the info and true these companies prey on vulnerable/desperate youths. Great video bro

[@DSGDemons]

unidentified you know what some people on KZbin are like bro. Big love 👊🏼🤝

[@Fareediification]

Very informative video bro. This is something that should have been taught in school. Thanks for sharing this information and hopefully it opens up eyes for the young people.

[@DSGDemons]

Fareed Chaki 👊🏼

[@googlehome1571]

Respect bro this is the kind of advice most young people need to start their life the proper way

[@chasedwar2]

I shop around for the best bank loans and then buy the car with that cash. Car dealerships always offer bad finance. And the bank loan isn’t tied to the car, so you can sell the car if needed.

[@teedeeuk787]

Love your honesty in this, Need to drop more vids bro 🙏🏼

[@AB-sj3wd]

Thanks bro, i was thinking off buying a car on finance and my credit is not the best soo really appreciate for you making this vid. Respect you've stopped alot of young people buying a car on credit.

[@surom123]

Thank you SO much for this video!! I’m close to borrowing some money and this has helped so much as I now know how it works

[@spiritwalkeres9196]

So much respect for this man. You’re a hero

[@DSGDemons]

❤️

[@Segenzo1]

Rah man like Bilal from school uno what are the chances, man's looking for finance with my shit credit and seeing why I shouldn't and I click this🤣 hope you're good bro been years

[@mohammadkhan8567]

Informative and a warning to all especially young lads, ive done the same and it made your deal look like childs play, we live and learn in sha allah, never again aha

[@chrisdutton2011]

The reason why interest accounts for the majority of the monthly payment towards the beginning of the agreement is not 'because lenders know you're likely to settle early'. It's because the payments are being made on a depreciating balance, I.e bigger balance at the start, more interest/lesser balance towards the end, less interest. Not hate, just facts, enjoyed enjoyed the clip 👌

[@shootergaming8106]

Iv been looking for a car due to bad credit and your video actually saved me from making the stupid mistake

[@trdavskini1972]

No stick. This was very informative and very much overdue. I am certain this info will help somebody out there. Big up yourself DSG Demons.

[@android3520]

Thanks a lot for the video bro!! I’m thinking about going with this route and it’s good to have this kind of information

[@MAX-xi6ei]

My bro you’re acc so straight up no bs pure knowledge and info keep it going👍

[@santana9537]

Been watching all your videos over the past few days. Quickly becoming my favourite channel! Loving the Golf and Polo content

[@mohammadayub2760]

Salaam to everyone this is so bad this is why as a Muslim we should not pay interest this is why it is haraam brothers allways pay cash buy a cheaper car but pay cash save up but pay cash ❤️❤️❤️

[@majidnazir747]

Top video bro. Some home truths in here for us all to learn from.

[@timwillis5435]

I wish I seen this type of video years ago I did the same thing and im paying for it now, respect bro for making this video instead of hiding behind the camera

[@theyjustwantyourmoney4539]

Thanks man, I also had finance from that lender Moneyway, my situation was much better at that time but I paid half and returned the car.

[@Rivaboyz1987]

Glad I just watched this was thinking of getting a range svr paying 30 cash n financing the rest il just wait till next yr and by it out right now cheers mate

[@j14pna]

A really useful video for us youngsters, keep it up bro

[@erslans4720]

Good video bro. I’ve been through something similar and regretted it. Some companies just like taking advantage

[@DSGDemons]

Word bro very true

[@Stenchmaster84]

Subscribed because of your honestly my bro 🙏🏽❤️

[@georgieporgie7523]

wow bro brutal I think its best to go to the main dealer but that's only if your have good credit.. Painful really good video.

[@Lifeofmatt24]

YOU LITERALLY JUST STOPPED ME RUINING MY LIFE, THANK YOU SO FUCKING MUCH BRO!!!

[@anthonynjiewf1]

Always come through with the good videos 🙌🏿

[@jiin_5928]

Someone help me please, ive seen my dream car that i really want, but its a private seller and majority of finance companies wont finance private sale, but ive found one lender but they offering a 18% APR…. Thoughts? Bare in mind im desperate and its my dream car, i can afford the monthly

[@Z41N5]

Saw you at asda nice golf r looks better in person

[@vmvarga1328]

Have you told your insurance and finance company about the mods on the R and if yes how much did they increase your premiums

[@chrisward2k]

Would also be interested in that too

[@raihanhassan1]

This guy don’t give one if he gets hate

[@revertible2846]

Proper video man, really learnt alot from this! Was planning on taking a loan for a Golf R but maybe the better option is to just keep saving up so I can just put down the full amount one day?

[@risingdragon8886]

Very informative video. Thanks for the useful tips bro.

[@jiin_5928]

I dont get it, whats the "interest rebate" is that the money they gave you back? how does it work

[@vdub7150]

Credit is one of the biggest scams at least in the US. The less you have the more you have to pay.

[@antop4597]

jesus man 20% apr lmao, wouldnt ever go for a car with 10% nevermind 20 lol. i got 4.6 on my cupra. Sometimes it's worth checking whether or not it would be cheaper getting it via the bank rather than dealership

[@louisparker7580]

I needed to see this video How did you get out of this situation and end up selling the car? I’m 20 and am financing a 17 plate S3 at £280 a month for 4 years after putting a 6k deposit down, my apr is 8.9%. What do you think I should do, I’m scared to carry on tbh as I feel like I’ve rushed into it. I would appreciate hearing advice from someone who’s been in a position like this.

[@stlads5588]

Are you still in the contract?

[@MachonaVideos]

Hey man, how’s it going? Like the whole finance thing

[@louisparker7580]

@@MachonaVideos not bad mate, I’ve got a better job now and my insurance has gone down so it’s not affecting me as much anymore

[@britishbatman8598]

This is really good info tbh so can't see why this dislikes😎👍🏽

[@samuelspicer244]

If you had the money for the car wld this still be a problem or is this for if you can’t afford the car you want so you get a loan

[@benturnbull4009]

Thanks buddy much appreciated

[@lilyrose74]

Can you sell a car if it’s still on finance so that you can pay back the creditors?

[@2k821]

appreciate this video!

[@ubaidullahnabi9711]

And interest is haram

[@WhoIsAlexElliott]

Just saved me bro. Thanks

[@mowafikarim190]

I guess if you keep the car the whole term it’s worth it right?

[@gang-gang8325]

When U sold the car for 8k did u pay the whole 8k to the finance company plus the outstanding balance at the time? Do finance company’s let u pay extra any time ?

[@beastkaybyt2865]

I know this is late, but he probably paid more on the car, but through fines paying early, that’s what they added to make it above 12k

[@coinzyuk2472]

fuck i'm just coming out of a moneyway deal, never again.

[@tariqz118]

Dont do riba bro

[@HaveOneWithHans]

My G🧡

[@GersonFerreira-em9kh]

Great vid

[@Gurzoh]

Need more vids like this

[@Nash6122]

Very beneficial. Thanks bro

[@yugrajsingh7262]

Really really helpful bro

[@M1.942]

Peng whip 😍 safe for the tips on finance 👊 I dont even have credit yet cause am 18 I already own a car but i want to get something newer and nicer but thankyou cause without this video I might have fucked myself 😂

[@OriginalNoseBleed]

Don't know why u thought you'd get hate for this video was a wake up.call those not in the know thx

[@dexterrobinson2531]

Good video this.

[@GodImHim]

Where’d you get your res delete from

[@AdamGrange1]

I’ve just got a credit card I’m 19 I haven’t used it yet how long would you say it takes to build a good credit score so I can get finance on my next car ?

[@leweee]

Don't use the card get a cosigner on a bank loan to finance the car and if you have a sufficient income you won't need a cosigner

[@MachonaVideos]

You’ve probably done it already. But just use your card say if you go to maccies or whatever and buy off there and pay it back. That builds your credit up, even if in a small way.

[@tilidie5272]

where did you get them plates made bro them letters look about an inch thick they look sick

[@DSGDemons]

Number Plate Clinic bro!

[@tilidie5272]

@@DSGDemons my guy! thanks a lot

[@dss3973]

Realest love

[@tourreallen6872]

he kept that shit A1 fr lol

[@hazz838]

Is the r on hp or pcp mate?

[@brandonneicho1462]

Hi mate have just purchased a polo gti do you know where your mate got his tuned Thanks.

[@DSGDemons]

Hi mate from DDG remapping in Manchester

[@jahmed9358]

If you want to claim back some compensation reply to this comment

[@AdamGrange1]

I’ve just got a credit card I’m 19 I haven’t used it yet how long would you say it takes to build a good credit score so I can get finance on my next car ?

[@DSGDemons]

Adam Grange Check how long your repayment period is with free interest, usually its 28 days, use the card for normal expenses, food, fuel, whatever you’d normally use your debit card or cash for (nothing extra) and make the repayments within the free interest period. Each month, your credit report gets updated and you should see it increasing and when it gets to around UK average or higher you should be able to apply for different things! Just watch out for interest rates and repayment breakdowns like I mentioned in the video 🤝

[@AdamGrange1]

DSG Demons cheers mate appreciate the info