Porn Subscriptions Could Get You Denied For Home Loans
What you look at in the company of everyone at the public library is no one’s business but the banks are warning that it’s theirs. Multiple Mortgage Advisors are warning that if you have too many subscriptions to the OnlyFans there is a high chance you will be denied a home loan. It’s not really a matter that you have one but there are customers that have several subscriptions to multiple pages on the site.
Glen Russell, director of Russell Financial Solutions LTD said: “I have seen rising numbers of Only Fans customers turned down for mortgages due to the consistency of transactions on statements.”
However, Russell was quick to stress that banks aren’t wary because of the nature of the payments, explaining that it’s more to do with the number of recurring transactions. Russel says that some fans spend on the site more than just once a month, causing mortgage lenders to see it as a regular outgoing payment and they could see that as a liability.
Russell’s advice to this is to be open and transparent and let them know you actively subscribe to the site. So go ahead and tell that guy in the fancy suit and tie just what you are into. With the need to show bank statements and good credit history, you may just want to keep the OnlyFans on your burner card.
[Source LadBible]