Can a mortgage is got by me after a quick payday loan?
The answer that is short yes, you are able to, but other facets comes into play. Not minimum among these is time – the length of time it is often as you had a need to work with a pay day loan will impact your credit history. The less weight they will carry with any decisions by a lender, with all adverse credit events dropping off your history after six years as mentioned before, the older the bad mark on your credit history. This will be true for all forms of bad credit occasions, from CCJs (County Court Judgements) to discharged bankruptcies, standard notices and IVAs (Individual Voluntary plans). (more…)