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Discover LudwigThe phrase "arrears policy" is correct and usable in written English.
It can be used in contexts related to finance, accounting, or legal matters, specifically when discussing policies regarding overdue payments or debts.
Example: "The company has implemented a strict arrears policy to ensure timely payments from clients."
Alternatives: "delinquency policy" or "overdue payment policy".
Exact(2)
"We're trying to loosen up the eligibility," by changing the arrears policy, said Meg Burns, the F.H.A.'s director of the Office of Single Family Program Development.
Michaela's arrears policy was criticised by the National Union of Teachers, which said: "Schools should be careful not to create a situation in which children are stigmatised because of budgetary issues which are beyond their concern".
Similar(58)
"This helps tenants to budget and prevents them getting into arrears," says Maureen Watson, policy and strategy director at the SFHA.
Two-thirds of households in England affected by the bedroom tax have fallen into rent arrears since the policy was introduced in April, while one in seven families have received eviction risk letters and face losing their homes, a survey claims.
It will take several years before the sums add up to "solely" evict on the back of bedroom tax arrears – and yet the policy only lasts for a year.
The NHF said the equivalent of 72,000 housing association tenants were in rent arrears because of the policy.
In June the Social Security Advisory Committee warned against proceeding with the "waiting days" policy blamed for the arrears problem.
Across Wolverhampton, since the policy was introduced, rent arrears are up by 16%, which will eventually mean there is less money from the council for estate upkeep.
According to the government's own research published in 2014, almost 60 per cent of those affected by the bedroom tax were in rent arrears as a result of the policy.
It is one of the reasons why Tony Wilson, a former civil servant who worked on housing policy, thinks that rent arrears could become the new normal in social housing.
Until this logjam of payment arrears is broken up, no other policies can do anything.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com