We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
What would happen ........
missile
Posts: 11,794 Forumite
to your mortgage if the lender goes bust? 
"A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
Ride hard or stay home :iloveyou:
Ride hard or stay home :iloveyou:
0
Comments
-
Don't other banks/companies buy up their debt?Savings
£14,200 with £1100 M.I.A. presumed dead.0 -
Some other lender would buy the debt, and you would pay them them instead of your original lender. If you thought your debt would 'die' along with the original lender, then I'm afraid you would be disappointed."You were only supposed to blow the bl**dy doors off!!"0
-
Debt is a good investment.Savings
£14,200 with £1100 M.I.A. presumed dead.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.8K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards