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Friday 8 April 2011

Tuesday 5 April 2011

EC: Lenders must tell borrowers why they have been rejected

http://www.mortgagestrategy.co.uk/1028869.article?cmpid=MSE01&cmptype=newsletter&email=true

No more will banks have the luxury of saying
 "I'M SORRY, BUT YOUR MORTGAGE IS DECLINED DO TO OUR CREDIT SCORING SYSTEM" 

You ask why and the bank give you no real answer or you are told to get a credit report. 

It is about time that banks started doing the job of banking rather than trying to computerising everything.
01698/283/301