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Spending money on credit card and getting a mortgages
raver82
Posts: 10 Forumite
Can what you spend on your credit card effect ur chances of getting a mortgage ie what u actually spend the money on. Ive always paid the card on time every month. When they look at your credit history do they actually look at what you've spent the money on your credit card! ive checked my credit rating and it very high. Can anyone help?
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What have you been spending on which may concern a lender?I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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Adult sites!!0
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Can't see how that would bother them. They could hardly turn down your mortgage application on moral grounds!0
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I thought as much. Just wanted to check some how. Do they look @ your card statments??0
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They would be more concerned with bank statements than credit card ones. Bank statements will show the credit card being paid I presume?
Make sure the correct info is disclosed on the application regarding any amounts owed on the cards.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Yea it would show i paid them minimum amount ever month plus any extras that are normally which would normally be on a dfferent date.0
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