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Loans & Credit Agreements
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CWSG
Posts: 17 Forumite
Hi, hoping someone can advise.
I have been sent a declaration for a mortgage application. I am doing this through a broker and have noticed that in the section on Loans and Credit Agreements only the unsecured loan I have is detailed, not my credit cards although I had given the various amounts to my broker - is that correct? I know on another post they said that overdrafts are not included as there is no monthly payment but I make monthly payments on my credit cards so should they not be included in this section?
Need to get the declaration off asap so any help much appreciated!
Thanks
I have been sent a declaration for a mortgage application. I am doing this through a broker and have noticed that in the section on Loans and Credit Agreements only the unsecured loan I have is detailed, not my credit cards although I had given the various amounts to my broker - is that correct? I know on another post they said that overdrafts are not included as there is no monthly payment but I make monthly payments on my credit cards so should they not be included in this section?
Need to get the declaration off asap so any help much appreciated!
Thanks
LBM - July 2009 / DWF Nerd #1204
Debt at 1/8/09 - £47,700 :mad: / DFD: January 2019 :eek:
Proud to be dealing with my debt but not proud of having it in the first place!
Debt at 1/8/09 - £47,700 :mad: / DFD: January 2019 :eek:
Proud to be dealing with my debt but not proud of having it in the first place!
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Comments
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Hi,
I'm not an expert but you have a credit agreement with your credit cards so I would say they need to be included.DMP Mutual Support Thread Member No 19017/05/08 - Total on DMP: £10025.7007/05/14 - Total on DMP: £1666.20 DFD: July 2017!!Baby Tomos born 5th June 2009 - 6lb 5oz :jWeight Loss Target - to lose 60.8lb by NYE 2015 - 37.6lb TO GO0 -
Yes they should be included - might be asking your broker why they failed to include them for you.0
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Thanks for that, I thought it seemed a bit odd when they asked for that detail initially. I've noticed that Nationwide, who I am being fast tracked for a mortgage with, have already checked my credit report so I hope it's not too late - don't want them to think I'm trying to hide anything!LBM - July 2009 / DWF Nerd #1204
Debt at 1/8/09 - £47,700 :mad: / DFD: January 2019 :eek:
Proud to be dealing with my debt but not proud of having it in the first place!0 -
Have you checked to see if the income that's been stated for you is correct and not been inflated?0
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