Hi,
I previously sent a post regarding car leasing. After my research, I found this in a website:
Most lease companies will report your lease as a lease or loan obligation on your credit report even though you are pre-paying part of your lease (everything except the residual). Some might not report it at all.
Does the car dealer or bank control my bank account? Is it bad to have a credit report? I hope that I am still free to buy what I want. Thanks for explaining.
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Car LeasinGpanies UK