Aha I see, I'm in Spain. My bank told me they definitely favour those who can live their lives without having to take loans at all. Any loans get subtracted fr

Aha I see, I'm in Spain. My bank told me they definitely favour those who can live their lives without having to take loans at all. Any loans get subtracted from the maximum possible mortgage, this includes credit cards at their maximum authorised credit level(!). Also, we have to pay 20% of a house in hard cash here so anyone looking to buy one is saving substantial money. So you have a decent buffer. There's no point in taking out credit if you can supply your own.