Maternity cover


J

Jason Power

My girlfriend on paper should have an immaculate credit rating, been in debt
to credit cards in her youth but never missed a payment has a mortgage again
not in arrears and has held the same bank account for over 20 years but owes
c. £2,000 to an online bank who randomly seem to increase the intrest rate,
the payments on this are only c. £50 a month so hardly seemed worth doing
anything about, but after yet another rate rise she'd had enough so applied
for a loan to our mortgage company who refused her!!!

Quite happy to loan us over 100 times the amount on a property with plenty
of equity in it but not to loan her 2K. when she enquired as to why she'd
been rejected the only thing the advisor could guess at was that she'd told
the redundancy cover sales gestapo that she was going on Maternity leave in
6 months, which surprised her as it wasn't a question on the loan
application, and as she pointed out was discriminatory. the advisor back
tracked and said that it was down to whoever reviewed the application on the
day. Hmmm that's a policy is it? Bob's been dumped by his pregnant
girlfriend so today decides not to give pregnent women loans??

I could understand if she was a student, foreign or young but she has a
substantial credit history and more than enough assets to cover the amount.
Anyone else come across anything as bizarre as this?

TIA
 
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R

Robin Graham

If you would divide your message up into sentences it would make it easier
to read. Right now, I've given up.

Rob Graham
 
R

rob.

Jason said:
My girlfriend on paper should have an immaculate credit rating, been
in debt to credit cards in her youth but never missed a payment has a
mortgage again not in arrears and has held the same bank account for
over 20 years but owes c. £2,000 to an online bank who randomly seem
to increase the intrest rate, the payments on this are only c. £50 a
month so hardly seemed worth doing anything about, but after yet
another rate rise she'd had enough so applied for a loan to our
mortgage company who refused her!!!
Just the way that their computer adds up the points I would imagine. Human
opinion rarely come into it.

Why not get a 0% CC or two.
 
U

usenet

Jason Power said:
My girlfriend on paper should have an immaculate credit rating, been in debt
to credit cards in her youth but never missed a payment has a mortgage again
not in arrears and has held the same bank account for over 20 years but owes
c. £2,000 to an online bank who randomly seem to increase the intrest rate,
the payments on this are only c. £50 a month so hardly seemed worth doing
anything about,
Huh, "hardly seemed worth doing anything about"? It's costing
£600/year to service a £2000 loand and it's hardly worth doing
anything about!
 
J

Jason Power

And at what point would something become not worth doing anything about in
your opinion, reducing a payment of £12.50 a week to £11.75 a week or there
abouts hardly seems worth doing anything about.

Really just after constructive responses not sneers thanks.
 
J

Jason Power

I do apologise Robin I normally have someone sense check my posts as I have
a slight disorder with words unfortunately it was late and I was alone. I'm
sorry this has distressed you so much that you felt the need to be critical
I will try harder in future.
 
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J

john boyle

Huh, "hardly seemed worth doing anything about"? It's costing
£600/year to service a £2000 loand and it's hardly worth doing
anything about!
He said that the £50 per month were 'the payments' not the interest.
 
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J

john boyle

Jason Power said:
My girlfriend on paper should have an immaculate credit rating, been in debt
to credit cards in her youth but never missed a payment has a mortgage again
not in arrears and has held the same bank account for over 20 years but owes
c. £2,000 to an online bank who randomly seem to increase the intrest rate,
the payments on this are only c. £50 a month so hardly seemed worth doing
anything about, but after yet another rate rise she'd had enough so applied
for a loan to our mortgage company who refused her!!!

Quite happy to loan us over 100 times the amount on a property with plenty
of equity in it but not to loan her 2K. when she enquired as to why she'd
been rejected the only thing the advisor could guess at was that she'd told
the redundancy cover sales gestapo that she was going on Maternity leave in
6 months, which surprised her as it wasn't a question on the loan
application, and as she pointed out was discriminatory. the advisor back
tracked and said that it was down to whoever reviewed the application on the
day. Hmmm that's a policy is it? Bob's been dumped by his pregnant
girlfriend so today decides not to give pregnent women loans??

I could understand if she was a student, foreign or young but she has a
substantial credit history and more than enough assets to cover the amount.
Anyone else come across anything as bizarre as this?
Hmm difficult one. A lender doesnt have to give any reason at all as to
why they decline a loan, it could be because your teeth are rotten.

Is your girlfriend due to go on maternity leave?
 

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