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FTB with cc debt and BNPL
argent3000
Posts: 3
Newbie
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
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
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Comments
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Should I prioritise clearing the Klarna or the cc first? Which would put me in better position for mortgage?0
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debt is debt, does klarna report to agency each month?Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
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Talk to your broker, tell them everything, then follow their advice...argent3000 said:Should I prioritise clearing the Klarna or the cc first? Which would put me in better position for mortgage?
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