Sentences with phrase «affordability checks»

Not only do we offer manageable repayments across 3 months for your # 300 payday loan, but we also carry out a series of affordability checks in line with our responsible lending practices.

As a responsible lender, we conduct affordability checks and credit checks on every applicant before making an informed and responsible lending decision.

While we run a credit check on every application for our # 500 loans, this is not always the deciding factor, as we also carry out various affordability checks.

We also run affordability checks, and rely on these far more than a credit score when it comes to approving the online payday loan applications through our website.

There are now caps on the overall cost of a loan, as well as additional affordability checks that must be made before a loan can be agreed.

As part of our responsible lending practices, we carry out a number of other affordability checks in order to match the amount that you wish to borrow with what you can afford.

You must also pass our necessary affordability checks to ensure that you are applying for instant cash loans that you are capable of paying back.

That's why we run a series of affordability checks and have a number of minimum requirements for all applicants.

With first - time buyers, however, lenders tend to apply the more stringent affordability checks which are applied to people wanting a residential mortgage so your earnings and expenditure will be looked at alongside the potential rental revenue.

The FCA require all responsible and authorised cash loan lenders to carry out a credit check, but we take into account affordability checks too.

The latest Code of Practice obliges that proper affordability checks are done by lenders prior to approval of loans or permitting customers to delay paying off the money, also known as a roll over.

Not only do we carry out affordability checks which helps to ensure that we only grant loans to those who can truly afford it, we also carry out credit checks in like with FCA regulations and guidelines when customers apply for small loans online.

As a responsible, direct lender, we will match your needs to the loan that we believe that you can afford, and run a number of affordability checks in order to protect your finances.

All quotes come with a home buying eligibility and affordability check.

Affordability checks are important to match the amount a customer wishes to borrow with what they can afford to repay.

By always running credit and affordability checks and having a strict criterion, it allows us to find the most suitable customers for the specific loans that we offer.

While we carry out affordability checks to ensure that you should be able to pay back your loan on time, we understand that sometimes people can fall into financial difficulty.

In addition, we carry out affordability checks to match how much the customer wishes to borrow and how much they can afford to repay.

Although we do take your credit score into account, our affordability checks mean that we still approve some same day loans with bad credit.

We also ensure that our payday loan calculator is completely transparent, while also carrying out affordability checks to ensure that we only lend to those who can truly afford to pay it back.

FCA regulations mean short term lenders in the UK will very likely check credit scores as part of the affordability checks, thus you will have a chance if the conditions are right.

Affordability Check — Ensuring that you can afford the loan that you are taking out without compromising your financial situation.

Not only do we carry out a credit check, but we also ensure that we carry out a series of affordability checks to make sure we are only lending to those who can truly afford to pay it back.

Our affordability checks ensure that we never: • Grant a loan to someone who is unemployed • Loan to someone with too many expenses who would not be able to pay it back • Lend too much to a customer when they are better off borrowing less

As a responsible lender, we will only approve applications after a range of affordability checks, meaning we will only lend to those who we believe can afford to pay it back.

Once you fill out the online application form, Wizzcash will run a number of affordability checks.

Like most lenders, we use credit scoring and affordability checks to assess the loan applications we receive.

That's why our loans aren't instant — we need to run essential credit, security and affordability checks to make sure we're lending to the right people.

These include both affordability checks and credit checks.

Once the borrower's application has been made, responsible lenders will then perform a credit check and an affordability check, some may also want to see proof of employment.

Not only are there eligibility requirements (see above), we also carry out affordability checks and a credit check too.

As a responsible lender, we will only lend to those who our affordability checks deem fit to pay the loan back.

Any good lender will perform a credit check and an affordability check to make sure you can afford to take on the loan you are requesting.

If you are dealing with a responsible lender, your loan approval will be subject to a credit check and an affordability check.