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Lloyds bank loan

jarv81178
jarv81178 Posts: 108 Forumite
Fourth Anniversary 10 Posts Name Dropper
whilst applying to borrow £35k should I say I pay the full mortgage or should I tell a little lie and say I pay a percentage with my partner?

Comments

  • soolin
    soolin Posts: 74,175 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I’m sure the regulars will be along shortly with excellent advice, but why on earth are you consider lying ?

    You’ve made a few random posts over the past few months and I would urge you to consider taking advice on any plans you may have, before you attempt to borrow such a large amount. 
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
  • tell the truth, as they can see your account via open banking that is now quite common, if they have any doubt then questions will be asked
  • jarv81178
    jarv81178 Posts: 108 Forumite
    Fourth Anniversary 10 Posts Name Dropper
    I was only asking.... yes I'll tell the truth obviously
  • mcpitman
    mcpitman Posts: 1,267 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    jarv81178 said:
    yes I'll tell the truth obviously
    Of course you will.

    People tend to ask questions about application fraud with no intention of ever doing it..........

    Seriously though, application fraud is not the CIFAS marker you are looking for.
    Life isn't about the number of breaths we take, but the moments that take our breath away. Like choking....
  • jarv81178 said:
    I was only asking.... yes I'll tell the truth obviously
    Just doing research for a book....?
  • jarv81178 said:
    I was only asking.... yes I'll tell the truth obviously
    Just doing research for a book....?
    Asking for a friend?
    If you believe you can, you will. If you believe you can't, you won't.

    Secured/Unsecured loans x 1 
    Credit Cards x 8 (total limit £55,050)
    Creation FS Retail Account x 1
    Creation Credit Sale 0% x 1 = £112.50pm x 20 mths
    0% Overdraft x 1 (£0 / £250)
    Mortgage Outstanding - £137,707.00 (Payment 13/360)
    Total Debt = £7,400 (0%APR) @ £100pm - Stoozing

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