Archives for 19 July 2007
High LTV mortgages ‘may aid debt recovery
Mortgages with a high loan-to-value (LTV) ratio may aid debt recovery, it has been suggested.
For house buyers with no funds to put towards a deposit, mortgages with an LTV of 100 per cent cover the entire purchase price of the property.
Paul Davies of independent advisory service Mortgage Financial suggests the products may offer a […]
Lost wallet ‘could lead to personal debt’
A lost wallet could result in a personal debt of more than just loose change, it has been claimed.
Credit card provider Capital One suggests that identifying documents could allow a thief to apply for loans using the wallet’s owner as a pseudonym.
The firm advises vigilance among Britons and urges that care be taken not […]