Mortgage Application

frazyoussef

I have a mortgage in principal however spent a bit more than I would like to over Christmas and in the New Year Sales and so pretty short on cash until the 28th January.

Would getting a Payday loan effect the mortgage application…I plan to clear the small loan on payday (28th January) but had heard that lenders don’t like the payday companies.

Thanks in advance.

Fraz

RPN4X

Don't do it!

[Deleted User]

Seriously do not do it.

TCTopcat_2

avoid at all costs, borrow from family or friend if possible. In worst case, if you have available credit else where i.e. credit card then suggest using this and clearing when possible.

frazyoussef

Hahaha...instant cries of "Nooooooo"!

Thanks guys, appreciate the quick responses.

TCTopcat_2

haha it was almost as though you were about to jump from the top of a 20 story flat lol.

Good luck with the mortgage when it comes round.

Cheers

frazyoussef

It would seem so but my MoneySaving family talked me out of it

Must be a good boy this year!