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Affordability buffer

Credit scores & reports
Extra headroom lenders expect after essential spending and repayments.

Overview

Buffers are used to ensure you can cope with unexpected costs.

They reduce the risk of over-borrowing.

Why it matters

  • It can limit how much you are approved for.
  • It improves financial resilience.
  • It supports responsible lending.

FAQs

Can a buffer reduce my loan offer?

Yes. It may reduce the amount lenders are willing to offer.

Do all lenders use a buffer?

Most do, but the size can vary.

Related terms

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