Are the banks breaking the original T&C’s of the home loan?
The banks are playing hardball now - they are taking no prisoners . As I have said before
That does sound a bit daft frankly - has he got a detailed explanation in writing as to why they think it is unsustainable?
He should stop paying his unsecured creditors immediately and use the proceeds to reduce the arrears.
It is absolutely crazy what is going on out there.
Hi Wishes
Agreed. Crazy borrowers are paying off their credit union and then complaining when the lender tells them that their mortgages is not sustainable.
If someone wants to keep their home, they need to pay their mortgage and stop paying other debts.
If someone chooses to prioritise their other debts, then they should not complain if the lenders deems the mortgage unsustainable.
. I was scolded for insinuating that I would cease all payments on my unsecured debt in favour of my mortgage. It's a no win situation. The mortgage institutions simply want you paying it all.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?