getting aproved for home loans (quick question)

[mum2bubba]

We are going to speak to a lady from Rams Home Loans on Friday night just want to know do they check your bills? I know they do credit checks and stuff like that (which is fine) but a few bills have been a bit late. :o

[pookiesossige]

I'm pretty sure that they don't- you should be fine :) Both times I've purchased a house it's just been about credit cards and other things that are considered a liability- paying bills late isn't really considered a liability, instead it means you're just like me and either don't have the cash or forget they're there :o

[pookiesossige]

I meant to say Cassie, good luck! :D :yes:

[maartysmum]

I don't think they check bills, we have a Rams loan and i don't remember them saying anything about that. I think that if your bills go into collection agencies then they get put on your credit rating at that point but not if they are just a few days late.

Good luck with your loan

Cheers

[catalicious]

Its only as issue when they have been really late and they have sent them to a debt collector or it was a final demand request, whatever.

If you got to that point then you will have a slight stain on your record, although only a tiny one. Which they normally ignore unless it happens regularly.

If not then yes it is just credit although they do take into onsideration how much your bills are and stuff for living expenses.

Good Luck