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Nov 182020

Brokers are increasingly clients that are seeing a history of utilizing payday advances being refused for mortgages

John Charcol says the problem is growing and there is a necessity for the lending that is payday to higher inform borrowers in regards to the possible impact taking right out a pay day loan may have on future mortgage applications.

The broker says it offers seen a growth within the amount of would-be borrowers that have either been declined a mortgage or offered a loan that is reduced in the basis they usually have used a payday lender in the past. Continue reading »