If you wanted to borrow money in the old days and you had bad credit, you had to skulk off to some dark, sinister, pee-pee-soaked alley to find the villains who offered them, complete with their appalling small print and shocking interest rates.
OK, maybe things weren’t quite that bad, but personal finance is certainly moving on from Dickensian times, at least, as far as mortgages are concerned. Reputable lenders are beginning to offer mortgages for people with bad debt, CCJs or even a past bankruptcy on their file. The best bit is that these lenders have forced sub-prime mortgage interest rates down….
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