" It’s important we make it as easy as possible for brokers to find a home for their interesting cases"
Simplified tiers range from Pepper 6 to Pepper 48 for clients who have had no defaults, CCJs, mortgage or secured loan missed payments and arrears in as many months.
Pepper 48 rates start from 2.17% and 36 rates start from 2.23%.
James Blower, marketing director at Pepper Money, said: “At Pepper Money, it’s important we make it as easy as possible for brokers to find a home for their interesting cases, which is why we take a transparent approach to publishing all of our criteria upfront and don’t use credit scores to make our decisions.
“We’re always reviewing our products to identify areas of potential improvement and were able to agree this new way of structuring our adverse credit criteria, which we think is the most straightforward in the market.”
