Defaults registered over 36 Months ago

Our standard acceptability

Potentially Ignored

Criteria definition:

Indicates if we can potentially ignore Defaults that were registered more than 36 months ago. Other factors will also be taken into consideration such as, but by no means limited to, number of adverse, value and the overall credit profile of an applicant.

Policy Notes:

Family Building Society can potentially ignore any satisfied Defaults that were registered over 36 months ago (and satisfied at least 24 months ago) subject to a satisfactory explanation.

Criteria categories:
  • Adverse
  • CCJs and Defaults

Last updated:

25 March 2020