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Is my loan being considered if I meet the financial requirement?
Personal debt, including loans and credit card debt, are not taken into account
in assessing the financial requirement. Only the weekly housing costs are deducted from the weekly net
income.
Source: http://www.gov.uk
DISCLAIMER: All information posted is merely for educational and informational purposes. It is not intended as a substitute for a professional advise. Should you decide to act upon on the information on this website, you do so at your own risk.
Published by Lindoven Magsino, BSc, MBA, GDL, LLM, DBA (cand), Solicitor
Lindoven Magsino is a qualified UK solicitor/lawyer, an advocate and defender of human rights who successfully completed his Masters of Laws (LLM) after completion of a law degree at the University of Law in London, United Kingdom. He finished his Master in Business Administration (MBA) at the Ateneo de Manila University Graduate School of Business. He is currently taking his doctorate degree.
View all posts by Lindoven Magsino, BSc, MBA, GDL, LLM, DBA (cand), Solicitor