Who are the sub-prime lenders in Ireland, and does anybody know if they lend commercially, or for circumstances such as my own, or will they only lend for a conventional residence.??
They are the only source for someone in that situation to borrow from, the issue is whether someone who the prime lenders feel is a high risk for lending should consider the risks of lending at the very high rates of sub prime lenders given previous troubles.Clubman, a sub prime lender appears to be the ONLY resort for people with debt issues such as mine, if regular lenders won't cater for them..Why else would people use them?
My point is that with existing debts/liabilities that put regular lenders off the last thing you might want to do is to incur more debt with a lender who charges over the odds. Just a prudential comment. Fair enough if you choose to act otherwise. That's your call and responsibility.
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