just how do loan providers understand a payday has been used by you loan?
Home loan lenders check your credit documents whenever you use. Many can do this before providing you with an “agreement in theory” and they’ll then recheck more completely before approving your real application whenever you have discovered a residential property.
These credit checks do not show just who you borrowed from. But they do show the kind of borrowing – loan, overdraft, bank card. Continue reading “Let me make it clear about Recent payday advances make it difficult to obtain a home loan”