How Lenders Calculate your Living Expenses
How Lenders Calculate your Living Expenses If you have ever applied for a loan of any kind, you might remember the endless questions your bank asks about what you spend your money on… groceries, clothes, netflix and so much more… The frustrating bit is you do the math and work out the figure and then the bank or lender come up with their own figure. In this weeks video, Vicki Mitchell-Taylor gives us an insight into how the banks calculate your expenses, and yes, there is a formula!
