Debt Related: Expiring debt can be partially or fully ignored
Our standard acceptability
Yes
Criteria definition:
Indicates if, when assessing affordability, we are able to potentially ignore (in part or in full) loans that are coming to an end (typically 6 months or less to run).
Policy Notes:
We usually ignore loans which have less than 12 months to run. These still need to be declared on the application form.
- Applicant
- Debt Related
Last updated:
29 August 2018