FTB with cc debt and BNPL

argent3000

Hi all

Partner and have a DIP from broker and I declared all CC debt and due to other factors such as a good deposit and good income we still got a good deal. I plan to clear off the bulk if not all cc debt before completion.

However I didn't declare Klarna approx £300 total (smaller payments here and there) coming out over next couple of months but this would have been visible on my bank statements they saw too and I have no missed  payments on file.

I also have been using Clearpay but small amounts to spread cost of Christmas presents.

However I didn't declare this to the broker as wasn't sure if this counted as a financial commitment (sounds daft but not a regular fixed payment like a credit card bill).

I've got some Clearpay payments coming out for around 30 total, can I just go in and pay those early to scrub them off or will they pass?

Sorry if I sound unprepared or naïve, my partner is desperate to buy to avoid stamp duty increase and he has to vacate his property in June anyway. 

TIA

argent3000

Should I prioritise clearing the Klarna or the cc first? Which would put me in better position for mortgage?

chanz4

debt is debt, does klarna report to agency each month?

MWT

argent3000 said:

Should I prioritise clearing the Klarna or the cc first? Which would put me in better position for mortgage?

Talk to your broker, tell them everything, then follow their advice...