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Scottish Trust Deed Forum
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Topic starter
07/04/2010 2:44 pm
Hi,
My trust deed has been finished for around 2 years now and I am ready to apply for a loan. Do I have to tell the loan supplier of my previous trust deed? Also is there an agency that holds this information that the bank would have access to.
I would appreciate if someone could give me this information.
07/04/2010 3:38 pm
Hi Boshli
If the loan application asks then there would be a requirement to advise of the Trust Deed. if it doesn't then there is no requirement to volunteer the information.
Lenders can use one of several credit agencies who may or may not have information on your Trust Deed.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
08/04/2010 3:24 pm
quote:
Originally posted by Mark McFadyen
Hi BoshliIf the loan application asks then there would be a requirement to advise of the Trust Deed. if it doesn't then there is no requirement to volunteer the information.
Lenders can use one of several credit agencies who may or may not have information on your Trust Deed.
Mark
