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Secured Loan to Clear Mortgage Arrears

darby_2
darby_2 Posts: 96 Forumite
edited 21 August 2010 at 5:00PM in Loans
No longer applies.

Comments

  • Rafter
    Rafter Posts: 3,850 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Graeme,

    Very unlikely that you will be able to get a secured loan with such a small amount of equity - sorry.

    You could try and get a bank loan from your current bank to clear your mortgage arrears, but a credit search might show up the current problem and put them off.

    Good luck

    R.
    Smile :), it makes people wonder what you have been up to.
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    How was it a bank !!!! up?
  • darby_2
    darby_2 Posts: 96 Forumite
    How was it a bank !!!! up?

    I have one bank account to where my wages go and another from where my bills are paid.

    I went to sea for four months without arranging for the money to be transferred across. So all my bills, credit cards, car insurance, mortgage etc went unpaid for four months! :doh:
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    So it wasn't a bank error then was it - it was YOUR error.
  • dc110
    dc110 Posts: 262 Forumite
    To be fair to the OP it reads "bank error"

    Seems he meant HIS banking error - ie not sorting out his banking. Shows how easily written word can be mis-interpreted

    Having said that, agree with Rafter - seems unlikely, sorry.
  • darby_2
    darby_2 Posts: 96 Forumite
    So it wasn't a bank error then was it - it was YOUR error.

    If you read the original post correctly, you would see that I said it was my own fault.
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