LOAN REQUIREMENTS
Our Lending Policy
Checklist: The following documents are required in support of your application
- Proof of ID, Valid passport/driving licence / age Card etc
- Proof of Address utility bill etc, must be dated in last six months,
- Proof of PPS
- 3 recent payslips
- Bank account statement for 3 previous months
- Mortgage Statement
- Credit Card Statement
- Other loan statements
- If renting proof of rent is required by means of a letter from your Landlord or letting agent
- Student loan, proof of college acceptance required and a guarantor may also be required to co-sign the loan
- Proof of income for spouse/partner (if applicable)
For larger loans the credit committee may insist on other security such as assignable insurance policies or a legal charge on property. Guarantors may also be sought by the credit committee, should the member fail to repay the loan, there are a legal obligation on the guarantor to repay the loan himself or herself.
Lending criteria, terms and conditions apply
