What is the difference between Tier 1 and Tier 2 lending criteria?
Please see the table below
| Type | Tier 1 | Tier 2 |
| CCJs | Up to £500* and satisfied over 24 months accepted | Up to £1000* and satisfied over 24 months accepted |
| Secured credit | 0 arrears in last 36 months | 0 arrears in last 24 months |
| Unsecured credit | Settled Defaults up to £1000 accepted after 24 months Status 1 in last 6 months, status 2 after 12 months and status 3 and higher after 24 months accepted |
Settled Defaults up to £1000 accepted after 12 months Status 1 in last 6 months, status 2 after 12 months status 3 and higher after 24 months accepted |
| Utilities, comms and mail order | Settled defaults up to £1000 accepted** Up to status 6 accepted as long as currently up to date |
Settled defaults up to £1000 accepted Up to status 6 accepted as long as currently up to date |
*Accumulative amount if multiple CCJs
**Anything over £500 in the last 6 months will be declined