We’re making it easier and quicker to apply for a loan by introducing open banking. This allows you to safely and securely share your financial information with us electronically, so there’s no need to provide bank statements or proof of income.
With your permission, we’ll access what we need directly helping us make faster decisions on your application.
When this feature becomes available, you’ll have the option to use open banking through our partner oohMoolah during the application process. Simply follow the prompts to complete the requested information and we’ll take care of the rest. If you prefer not to use open banking you can still apply the usual way by uploading your documents manually however this will slow-down the assessment of your loan.
To learn more about open banking and how it works, visit the MoneySavingExpert guide here:
https://www.moneysavingexpert.com/banking/open-banking/