LENDING CRITERIA

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  • For self employed, weekly rate x 46. Satisfactory evidence of contract required.
  • Where employer pays both tax and NI, last 3 months payslips and most recent P60 if applicable.

Where paid via umbrella company, last 3 months payslips and most recent P60 if applicable.

  • CIS Contractors, average of 3 months income from latest payslips or equivalent

Applications from individuals that are employed on a contract basis are acceptable subject to the following:

  • The contract must have a minimum period of six months remaining.
  • The customer must have a one-year track record of employment within the same line of work.
  • Where the contract has less than six months remaining, confirmation of a new contract must be obtained.


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We do not accept applications from customers with a criminal record unless the conviction is for a minor traffic offence, or is spent under the Rehabilitation of Offenders Act 1974, as this may have a bearing on their ability or willingness to make payments in the future, or to obtain adequate insurance on the security property.