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Mortgage and a Pay Day Loan :-(
Greenmonkey
Posts: 1 Newbie
I took out a payday loan for £170 on 4th August, I have a good reason for it but none the less I appreciate its stupid. I want a mortgage and I have 15% are there any options available to me?
I know some companies have a rule of them being at least 12 months old or 6 months old erc
I know some companies have a rule of them being at least 12 months old or 6 months old erc
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Comments
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Yes, there are options, but yes you have complicated your situation.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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 -
Agreed, you have made things harder for yourself but all things being equal there would still be lenders out there that would consider your case.I am a Mortgage BrokerYou should note that this site doesn't check my status as a Mortgage Broker, 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 -
Payday loan 2 months ago but you already have 15%? Did you recently sell your previous home?Mortgage (Nov 15): £79,950 | Mortgage (May 19): £71,754 | Mortgage (Sep 22): £0
Cashback sites: £900 | £30k in 2016: £30,300 (101%)0
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