"I will hold my hands up and admit I went slightly over the limit and I missed four payments, but I cleared the €3,200 arrears.
"And now, all because of MBNA, I have lost the apartment," he said.
http://www.independent.ie/business/personal-finance/property-mortgages/credit-card-company-ruined-my-dream-of-buying-a-home-1922516.html
Guy misses payments on credit card.
CC company passes this information on to the ICB.
Guy can't subsequently get mortgage - it's the CC company's fault.
What have I missed? This is someone who has in the last couple of years lost a job and as a result defaulted on debt repayments. This person has a higher risk rating associated with them and any bank should take this into account when judging whether to loan them a substantial sum of money. They withdrew the mortgage because he didn't disclose this information to them in his application, they found out through his ICB report.
He wasn't sacked - he only had a temporary position. So now it's the insurance companies fault.Mr Behan is also angry that he was unable to get a payout on payment protection insurance he had as part of his credit card when his employment contract was not renewed.
He missed debts repayments - that's what the ICB is there to record. It's the ICB's fault.He is annoyed that the credit card company has refused to remove his name from the records of the Irish Credit Bureau, despite repeated requests.
This story says it all for me. Entitlement. Casually running up debts. Not accepting personal reponsibilty. Looking for someone else to blame. Obsession with buying property.