As part of our commitment to responsible lending, there are many types of checks we do. First, we check the following criteria for eligibility:
- Minimum 18 years of age
- UK Resident
- In current employment and take home a minimum of £750 a month
We also perform affordability checks; for example, we check that you can afford the repayments taking into account all your monthly costs. If you have been provisionally accepted, your application will go to our underwriting team who will assess your suitability. They will look for signs that may make this product unsuitable for you or put you in a worse situation financially and evaluate your individual circumstances. A credit check and score will provide an indication of how you have done with previous credit payments, outstanding debts and late payments.