Here is more clarity about what we accept so you don’t get any surprises
We are pleased to say that we can consider low-level satisfied CCJs under £250, however we look for an otherwise clean credit history, for both individuals and SPVs.
Here are our credit history tolerances:
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We can only accept borrowers who have not had any CCJs or defaults over £250 within the last 36 months, however, satisfied CCJs or defaults below £250 can be considered by an underwriter.
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The most recent defaults or secured arrears we can consider is 36 months or more. We can also consider borrowers with unsecured arrears no more than 2+ down worst status in the last 3 years.
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We can not consider borrowers who have had bankruptcies or debt relief orders; IVA or debt management plans, or a repossession.
You can see our full credit history requirements on the intermediary site here.
