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Committed expenditure

Credit scores & reports
Regular payments you must make, such as rent, loans, and utilities.

Overview

Committed spending is considered in affordability checks.

It reduces the income available for new credit.

Why it matters

  • It affects how much you can borrow.
  • High commitments reduce disposable income.
  • It can change eligibility outcomes.

FAQs

What counts as committed expenditure?

Rent, mortgage, loans, childcare, utilities, and other fixed costs.

Can I reduce committed expenditure?

Sometimes, by refinancing or lowering fixed bills.

Related terms

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