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Mortgages after payday loans

barneydier
barneydier Posts: 5 Forumite
in Mortgages & endowments
During 2012-2014 I used payday loans on a regular basis, I have not used them since May 2014. We have a 90k deposit now and things are much better, joint earnings are 90k also. Do you think we will be able to get a mortgage?

Comments

  • Teaandtoast0124
    Teaandtoast0124 Posts: 150 Forumite
    Yes there are highstreet lenders out there that accept payday loans. Good rule of thumb is no payday loans in last 12 months. I no HSBC and Barclays say "it does not treat payday loans differently to other credit"
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