Affordability Assessment

To be eligible for an Affordability Assessment you must: Be over the age of 18. A resident for 3 years. Have a contact telephone number. Agree to a home visit.

Proof of ID and address (eg. valid photo ID) Valid government issue documents (eg. council tax) Proof of income Payslips and bank statements showing wages from employer Tax credit letters (eg. child benefit) Proof of outgoings (rent or mortgage, food, utility bills & entertainment) Credit commitments (car loan or other credit or loans with other companies)

An affordability assessment is the process which determines if you can afford to repay the loan repayments over the term of the loan. Affordability assessments calculate whether you can afford to make repayments over the full length of a loan by examining your incomings and outgoings and taking into consideration if the loan is affordable for you.