LONDON–(BUSINESS WIRE)–Pepper Advantage, a global credit management and technology company, today released the latest data on its portfolio of over 100,000 UK residential mortgages. Q2 2025 marks the first quarter since the COVID-19 pandemic in which both arrears and direct debit rejections (DRRs) have declined, with the overall arrears rate decreasing by 4.4% and the DRR rate falling by 5.1%. The reduction in UK arrears, including both residential and buy-to-let mortgages, was driven by a si