More and more people are using Brokers to guide them through the home loans maze... Recently, one of the credit reference agencies has developed a Consumer Indebtedness Index to identify those borrowers who are currently servicing their debt but for whom a change in circumstances or further borrowing could present problems... If you are refused credit because of a computerised credit scoring system you can ask the lender for an explanation of how their credit scoring works... http://www.1stepfinance.co.uk/loans
This loan could be with another lender, at a more advantageous interest rate and/or over a different term... The consumers who consolidated their debts were also slightly more likely to have a credit card (69 per cent versus 65 per cent) and when they did, to have more credit cards (1.9 cards for consolidators versus 1.7 cards for all loan holders)... http://www.loans-company-4-you.co.uk/loans