Credit History

[buzz15afc]

I'm looking to remortgage to buy a more expensive flat... Now I have a fair bit of equity in my current property but....

The flat I'm looking to buy is gonna stretch to the very limit what my bank will loan me...

Myself and the other half both earn a reasonable wage and together we could get the full mortgage amount no problem, only problem is the other half had a bank loan about 10 years ago that wasn't paid!!!

 

Does anyone know if the remaining balance of the loan will -

1. Be at the same amount as it was at the time?? I.e if there was

[The Boofon]

I'm looking to remortgage to buy a more expensive flat... Now I have a fair bit of equity in my current property but....

The flat I'm looking to buy is gonna stretch to the very limit what my bank will loan me...

Myself and the other half both earn a reasonable wage and together we could get the full mortgage amount no problem, only problem is the other half had a bank loan about 10 years ago that wasn't paid!!!

 

Does anyone know if the remaining balance of the loan will -

1. Be at the same amount as it was at the time?? I.e if there was

[The Boofon]

I'll bet the loan dodging cheat has his eye on that money.

 

He'll no doubt be out every night while Buzz is away, spurting his spunk in all directions.

 

 

:laughing:

[E-P-K]

I'm looking to remortgage to buy a more expensive flat... Now I have a fair bit of equity in my current property but....

The flat I'm looking to buy is gonna stretch to the very limit what my bank will loan me...

Myself and the other half both earn a reasonable wage and together we could get the full mortgage amount no problem, only problem is the other half had a bank loan about 10 years ago that wasn't paid!!!

 

Does anyone know if the remaining balance of the loan will -

1. Be at the same amount as it was at the time?? I.e if there was

[buzz15afc]

Thanks for the replies... Moving house a couple of times is one of the reasons the bank hasn't been able to make contact

 

Don't worry all the sponsor money is hidden under the bed

 

Like I said we are prepared to pay off the debt providing its not rocketed

[The Boofon]

Thanks for the replies... Moving house a couple of times is one of the reasons the bank hasn't been able to make contact

 

Don't worry all the sponsor money is hidden under the bed

 

Like I said we are prepared to pay off the debt providing its not rocketed

[ChutneyLove]

My credit is ace because I'm fuckin' loaded. Used to be shit when I was younger and bounced mair cheques than Freddie Laker. Nowadays, no problem. My advice to anyone worried about dough is to get an online credit card; spend a few quid on it each month and pay it off completely, frequently. After a year or so there will be a queue of financial institutions ready to lend you as much as you want. Simples.

[King Street Loon]

I think Buzz's man sounds a right dodger.

Wonder what else he's been up to.

[looksgoodinred]

I think Buzz's man sounds a right dodger.

Wonder what else he's been up to.

 

Maybe you, rumpus and boofon should take him out for a few pints, a few leading questions, and suss things oot?

[The Boofon]

Maybe you, rumpus and boofon should take him out for a few pints, a few leading questions, and suss things oot?

 

 

Fuck that.

 

Rumpus would be getting everybody drunk and looking for an all male Indian swingers party.

[ChutneyLove]

Maybe you, rumpus and boofon should take him out for a few pints, a few leading questions, and suss things oot?

And "smell yer Ma"

[looksgoodinred]

Fuck that.

 

Rumpus would be getting everybody drunk and looking for an all male Indian swingers party.

 

Would that really be such a bad end to the night?

[looksgoodinred]

And "smell yer Ma"

 

[The Boofon]

Would that really be such a bad end to the night?

 

 

It would be a bad ending for me.

[buzz15afc]

Without wanting to sound funny what's the issue with paying off the debt if it has risen by

[E-P-K]

Without wanting to sound funny what's the issue with paying off the debt if it has risen by

[buzz15afc]

If the debt is statute time barred, then there is no responsibility for him to settle the debt.

 

However, to clean up his credit score it will need to be resolved, almost certainly the original loan provider of 9 years ago, will have sold the debt to one of these debt collection agencies for a fraction of the true value, so if he finds out who currently holds the debt, contacts them, and makes an offer of a full and final settlement, this amount will be considerably less than what the loan amount was.

 

Where would you find out who has the debt?? Thanks

[E-P-K]

Where would you find out who has the debt?? Thanks

 

Your credit report will have this information. Experian or CreditExpert are two sites that will be able to provide you with details. costs apporx

[daytripping]

I was going to say that EPK, easy enough to get your credit rating from one of those firms, the tough part is cancelling with them once you've done it, they like you to keep paying every Month. My credit rating i shit due to being conned in a stock market fraud, another 2 years till my bad debt is wiped clear even though I've been out of a trust deed for a year.

[Dandyesque]

It would be a bad ending for me.

 

Never had you down as an Indian.

[The Boofon]

Never had you down as an Indian.

 

 

How?

[Dandyesque]

How?

 

That um big heap funny