According to Citizens Advice, over the last 2 years, more than 6 million people fell behind on at least one household bill. In addition, unsecured arrears from credit cards, hire purchases and loans make up the bulk of unsecured debt, representing approximately 40%.
At Bluestone Mortgages, we make our decisions based on your customer’s individual circumstances so if they’ve failed a credit score because of this, we may be able to help.
Our solution:
- Up to 2 missed payments per unsecured credit account in the last 6 months, therefore all missed payments older than 6 months are completely ignored
- All communications arrears are ignored, regardless of recency and balance
- If the current balance is under £300 the arrears are ignored
To find out how we can help your customers, you can call us on 0800 368 1833, request a callback or check your cases on Bluelink here. You can check our product guide, follow us on LinkedIn, Twitter or Instagram for more about our products, competitions and how we can help your customers.
Bluestone Mortgages
T: 0800 368 1833
E: sales@bluestone.co.uk
