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credit reference agencies should use different credit score for mortgages

Submitted on Friday 28th March 2014

Published on Monday 31st March 2014

Current status: Closed

Closed: Monday 30th March 2015

Signatures: 6

Petition Action

credit reference agencies should use different credit score for mortgages

Additional Information

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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