Virgin Money reviews policy to accept CCJs and defaults



Virgin Money is now considering mortgage applicants with minor blips on their credit history.

Specifically, the lender will consider satisfied CCJs up to £500 and satisfied defaults up to £2,000.

Concerning CCJs, Virgin says that there is no time limited to when they were registered or satisfied but must be on the applicant’s credit file as acceptable.

For defaults below £500, there is no time limit on when they were registered (but must be satisfied on file), but for amounts from £500 – £2,000, the default must have been registered for more than 36 months and be satisfied.



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