When checking your affordability to see if we can approve you for finance, we accept and consider a wide range of sources of income, including salary or wages, pension payments, and various tax credits and other benefits. There are also a range of sources of income we can’t accept when calculating your level of regular income, for example one-off bonuses, unemployment benefit, expenses, and maternity/paternity pay. We’ll try to verify your income automatically by sourcing information from third parties we work with, so we may not need to ask you for any documentation. If we do need to ask you for proofs which prove your income sources, we’ll tell you what we need during the application process.
By Sarah Jane