pay day loans

pay day loans

Want a mortgage? Don’t eat steak!

12 May, 20140 Comments
It emerged last night that mortgage applicants are being asked ‘Spanish inquisition’ style questions, including whether they play golf or eat steak. Some interviews have lasted up to 3 hours where applicants have been quizzed over the price of haircuts, their plans for more children and even their hopes of a pay rise. These questions
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Lifestyle quiz to secure a mortgage comes into force today

26 April, 20140 Comments
From today, new rules come into force that mean borrowers across the EU will be refused a mortgage if they fail a standard affordability assessment. According the the Financial Conduct Authority (FCA) the Mortgage Market Review (MMR) will ‘put common sense at the heart of the mortgage market and prevent borrowers ending up with a
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Government says benefit claimants more responsible than workers

31 March, 20140 Comments
The majority of the Mortgage Market Review changes will come into effect on 26th April 2014, where new rules will mean that borrowers across the EU will be refused a mortgage if they fail a standard affordability assessment. Please read : Mortgage Market Review explained by the FCA. Please read : How will the Mortgage
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An open letter to the mainstream media

14 March, 20134 Comments
With the controversy around Universal Credit becoming almost explosive and as rent arrears mount up & the housing benefit monies are spent on other things (drink, drugs, pay day loans, etc – which are extremely detrimental to ALL of our communities) Landlord Referencing Services are now seeing a massive influx of landlords AND letting agents
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Widespread irresponsible lending FINALLY addressed by OFT

06 March, 20130 Comments
The UK’s biggest payday loans firms are facing the prospect of being put out of business, unless they implement swift changes to their practices within 12 weeks. The well overdue ultimatum was issued by the Office of Fair Trading (OFT), following a wide-ranging investigation of the controversial sector as it emerged that a separate shake-up
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