buttonmoon
Registered User
- Messages
- 62
Somebody told me that a friend of theirs was recently turned down for a mortgage because he was categorised as "High Risk" because he had a "quite a few" receipts to paddypower.com.
I've no more info on his story but I'm a bit concerned because I'm applying for a mortgage soon and I have a considerable amount of traffic through my credit card for a few gambling companies. This traffic can be anything from €50 to €4000 per month - but usually around the €250 mark.
Now, before anyone starts saying "well the bank would be right to mark you as high risk then wouldn't they?" and stuff like that, let me first say that this traffic is fairly evenly keeled: my profit and loss for all gambling sites so far in 2005 is about €120 in my favour.
However, not included in that are some bets I put on for friends because often they'd ring and say "got a tip... will u stick the bet on and I'll fix u up this evening" which I am more than happy to do because they work on building sites etc and as well as that I get better odds for them on the betting exchanges (as opposed to a bookie such as paddypower)
Anyway, leaving aside the gambling aspect of this question, can a lender look at what you've bought with your credit card, even if that card is direct with MBNA or something?
I've no more info on his story but I'm a bit concerned because I'm applying for a mortgage soon and I have a considerable amount of traffic through my credit card for a few gambling companies. This traffic can be anything from €50 to €4000 per month - but usually around the €250 mark.
Now, before anyone starts saying "well the bank would be right to mark you as high risk then wouldn't they?" and stuff like that, let me first say that this traffic is fairly evenly keeled: my profit and loss for all gambling sites so far in 2005 is about €120 in my favour.
However, not included in that are some bets I put on for friends because often they'd ring and say "got a tip... will u stick the bet on and I'll fix u up this evening" which I am more than happy to do because they work on building sites etc and as well as that I get better odds for them on the betting exchanges (as opposed to a bookie such as paddypower)
Anyway, leaving aside the gambling aspect of this question, can a lender look at what you've bought with your credit card, even if that card is direct with MBNA or something?