Everyone else trying to get a home loan may be at the mercy of an assessment that is affordabipty the lending company.

Everyone else trying to get a home loan may be at the mercy of an assessment that is affordabipty the lending company.

Can we get a home loan after a quick payday loan?

The brief response is yes, it is possible to, but other facets should come into play. Not least among these is time – the length of time it was because you had a need to make use of loan that is payday 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. It is real for several types of bad credit activities, from CCJs (County Court Judgements) to discharged bankruptcies, standard notices and IVAs (Individual Voluntary plans). Continue reading »