We need more mortgage lenders like this

[BrilloPad]

Would that affect ability to repay credit?!?!

Yes. After the kick in the nads I had to take a few days off work.

HTH

[AtW]

Along with those caught on swinging sites by their wife.

Would that affect ability to repay credit?!?!

[rd409]

If you do not have the money you cannot afford it - the reason we are in recession is because people felt they need lots of luxuries etc could not afford them but so just bought them in the hope that some day they may have some money...

met an irish bloke the other day and his view was that he would just run up huge debts and that Merkel woman would end up paying them off

not very bright but an indication of how the masses have been taught to think.

I was talking about House purchase. How many people buy houses without borrowing? The amount of money we save should enable us to take out a decent family home in 4-5 years. I don't believe in long term debt myself, the only debt I usually have is on the credit card, which are paid in full every month. Using free credit, with good financial planning is good thing.

[Mich the Tester]

Alot of people have borrowed from the future. And now the future wants it back.

I thought the future had been cancelled due to non-compliance with health and safety regulations.

[BrilloPad]

Alot of people have borrowed from the future. And now the future wants it back.

[original PM]

I use to get those back in Uni days. Take £20 loan, with a payback of £28 total, and you get £20 cashback from TCB. Use to fund few movies every month. What's bad in that?

Now I dont bother with these, as the effort and time is not worth. But will keep fingers crossed, that won't harm my chances of obtaining mortgage. I don't like to wait for 4-5 years, and then buying with cash

My 2p.
Dave.

If you do not have the money you cannot afford it - the reason we are in recession is because people felt they need lots of luxuries etc could not afford them but so just bought them in the hope that some day they may have some money...

met an irish bloke the other day and his view was that he would just run up huge debts and that Merkel woman would end up paying them off

not very bright but an indication of how the masses have been taught to think.

[Scoobos]

Couldnt' agree more BP.

[rd409]

GE Money refuses mortgages to payday loan borrowers | Money | guardian.co.uk

Instead of getting a pay day loan just wait until you get paid! GE's stance should be made law.

Also the names of all those stupid enough to take out a pay day loan should be advertised on local billboards.

I use to get those back in Uni days. Take £20 loan, with a payback of £28 total, and you get £20 cashback from TCB. Use to fund few movies every month. What's bad in that?

Now I dont bother with these, as the effort and time is not worth. But will keep fingers crossed, that won't harm my chances of obtaining mortgage. I don't like to wait for 4-5 years, and then buying with cash

My 2p.
Dave.

[Old Greg]

GE Money refuses mortgages to payday loan borrowers | Money | guardian.co.uk

Instead of getting a pay day loan just wait until you get paid! GE's stance should be made law.

Also the names of all those stupid enough to take out a pay day loan should be advertised on local billboards.

Along with those caught on swinging sites by their wife.

[BrilloPad]

GE Money refuses mortgages to payday loan borrowers | Money | guardian.co.uk

Instead of getting a pay day loan just wait until you get paid! GE's stance should be made law.

Also the names of all those stupid enough to take out a pay day loan should be advertised on local billboards.