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credit reference agencies should use different credit score for mortgages

Mortgages are probably one of the biggest purchases that people will make. Your credit score for mortgages and loans should be separate. Some people have been having trouble paying off extortionate credit card bills but have never defaulted on their mortgage . A default against a credit card means banks are not giving the best new rate on a new mortgage deal when a fixed rate comes to an end and this is causing people to lose their homes and not be able to pay. This is so wrong and needs to be changed.

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Signatories

6

Currently ranked 31,568 out of 104,686 petitions ever created.

Diversity index: 100%

Status

Closed

Created By

Joanne Westbrook

Created On

Friday 28 March 2014

Closing Date

Tuesday 31 March 2015

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