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Pay Day Loan Payment on Mortgage Application
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sharedownership123
Posts: 1 Newbie
Hello,
I make a payment for my parent for a pay day loan weekly, I am not legally obliged to make the payment, nor am I named on the loan. So it isn’t my debt.
Will it effect my mortgage application?
I make a payment for my parent for a pay day loan weekly, I am not legally obliged to make the payment, nor am I named on the loan. So it isn’t my debt.
Will it effect my mortgage application?
0
Comments
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If it isnt your debt then it wont show up on reports. A decent broker will be able to navigate round it if it comes up in underwriting0
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