How we assess your application

To fully understand an applicant’s circumstances to enable us to make an informed decision about the suitability of providing a loan we will carry out a search with a credit reference agency

This allows us to assess your wider financial circumstances to ensure further borrowing is sustainable and not foreseeably likely to cause you financial harm

The credit search is assessed against any



Active IVA/DRO/Bankruptcy

Any arrears of concurrent credit

Previous searches for applications for credit

We also complete an affordability assessment

We require proof of all income this could be from employment, benefits payments, or a combination of both. This information will be required to be submitted to our head office to allow for verification by our underwriting team.

We require proof of the following items of expenditure.

  • Rent/mortgage
  • Council tax
  • Utility bills
  • Transport costs
  • Food and drink
  • Clothing
  • Leisure
  • Repayments to other credit

We can only take into consideration the applicant’s income and expenditure items when assessing suitability for a loan.