Originally posted by MyUserName
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Reply to: Good, bad or indifferent
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Previously on "Good, bad or indifferent"
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I don't think a legitimate corporation applying for a mortgage is an issue so long as their credit rating still stacks up. My rule of thumb (and I think it is generous) is I want to see a credit rating greater than two weeks worth of my invoices. Most run-of-the-mill agencies won't show much in this area so to be doubly sure I also try to obtain details of their invoice discounters/factors, before I sign the contract. They tend to think it is very cheeky but who cares...... it is my money I am safeguarding and they usually will give me the info.
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Ah, I see - you have had an alert set up to warn you of credit changes to the agency you are currently using - and an alert has popped up.Originally posted by MyUserName View Postto my agency's application for one.
Hard to say without seeing the details. I would certainly investigate more, maybe check for new documents at Companies House
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Well I have a mortgage but I am not sure how much of a factor it is to my agency's application for one.Originally posted by centurian View PostIt's a massive cause for concern if you don't have a mortgage, or haven't applied for one.
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I don't honestly know but would think if a bank was willing to give them a mortgage, their finances can't be that bad.
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Good, bad or indifferent
I have a credit watch on my agency and have just been given a 'Registration of a Mortgage' alert.
Does anyone know whether this might be a cause for concern?Tags: None
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