The lenders to avoid bank comments out of home loan candidates

by: Lana Clements

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Regulatory rules from the Monetary Perform Expert (FCA) do not identify you to bank comments is employed to assess value, however, loan providers will use them to confirm earnings, plus outgoings.

But some financial institutions provides quietly went regarding this approach and you will are alternatively counting on credit rating, one of almost every other setting, to assess compatible consumers. Continue reading →