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Response to Anyone reported these lenders to newspapers?

from Lee (repossession@bigfoot.com)
I think newspaper reporters are well aware but are less interested in it than other issues which they consider more mainstream. Endowment and early repayment are more their thing.

The main reason for this is that newspapers need advert sales and advert sales come from lenders/brokers selling mortgages. Thera re few people trying to attract the attention of repossessees who are buying adverts. So repossessee issues to feature but are a small propotion of newspaper column inches compared to issues that affect mainstream mortage buyers.

There are other issues but that is the main one.

Lee

(posted 9023 days ago)

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