What sources of income do you accept?

Sam Wooller, Customer Experience Communications Manager, Tuesday, 23 October 2018
Updated: Tuesday, 13 February 2024

We will always run an affordability check to make sure any finance we offer is suitable for you. Your minimum monthly income must be over £1,000 after tax and the vehicle you want to finance must meet our lending criteria.

We’ll always try to verify your income automatically, but in some cases, we may need more information to prove your income. If this is the case, one of our friendly experts will help guide you through our application process.

Sources of income we accept

We accept a lot of income types, but all incomes listed below must be additional to an income from either employment or pension.

You must also be able to show proof of receiving these from the last 2 consecutive months.

Income

  • Basic salary
  • Commission
  • Regular overtime
  • Income from previous employment, if you’ve just moved jobs
  • Construction Industry Scheme (CIS)
  • Dividends (as a Director)
  • Paypal, if there are payments across 2 consecutive months
  • Cash deposits
  • Bank transfers
  • Car allowances
  • Monthly NHS nursing bursary

Pensions

  • State Pension
  • Occupational Pension
  • Personal Pension
  • Stakeholder Pension
  • PPF Pension
  • War Widow’s Pension

Benefits

  • Disability Living Allowance (DLA)
  • Carers Allowance (CA)
  • Personal Independence Payment (PIP)
  • Universal Credit
  • Employment and Support Allowance (ESA)
  • Child Tax Credits
  • Working Tax Credits
  • Child maintenance payments
  • Housing Benefit
  • Child Benefit
  • Guardian’s Allowance
  • Industrial Injuries Disablement Benefit
  • Bereavement Support Payment
  • Attendance Allowance
  • Constant Attendance Allowance
  • Armed Forces Independence Allowance
  • Reduced Earnings Allowance
  • Adult Disability Payment (in Scotland)

For more information, our guide outlines how to get car finance on benefits.

Sources of income we do not accept

  • Annual or one-off bonuses
  • Unemployment benefit
  • Expenses
  • Non-nursing bursaries
  • Student grants or awards
  • Jobseeker’s Allowance
  • Income Support
  • Parents’ Learning Allowance
  • Care to Learn
  • Support for Mortgage Interest (SMI)

We will always run an affordability check to make sure any finance we offer is suitable for you. Your minimum monthly income must be over £1,000 after tax and the vehicle you want to finance must meet our lending criteria.

We’ll always try to verify your income automatically, but in some cases, we may need more information to prove your income. If this is the case, one of our friendly experts will help guide you through our application process.

Sources of income we accept

We accept a lot of income types, but all incomes listed below must be additional to an income from either employment or pension.

You must also be able to show proof of receiving these from the last 2 consecutive months.

Income

  • Basic salary
  • Commission
  • Regular overtime
  • Income from previous employment, if you’ve just moved jobs
  • Construction Industry Scheme (CIS)
  • Dividends (as a Director)
  • Paypal, if there are payments across 2 consecutive months
  • Cash deposits
  • Bank transfers
  • Car allowances
  • Monthly NHS nursing bursary

Pensions

  • State Pension
  • Occupational Pension
  • Personal Pension
  • Stakeholder Pension
  • PPF Pension
  • War Widow’s Pension

Benefits

  • Disability Living Allowance (DLA)
  • Carers Allowance (CA)
  • Personal Independence Payment (PIP)
  • Universal Credit
  • Employment and Support Allowance (ESA)
  • Child Tax Credits
  • Working Tax Credits
  • Child maintenance payments
  • Housing Benefit
  • Child Benefit
  • Guardian’s Allowance
  • Industrial Injuries Disablement Benefit
  • Bereavement Support Payment
  • Attendance Allowance
  • Constant Attendance Allowance
  • Armed Forces Independence Allowance
  • Reduced Earnings Allowance
  • Adult Disability Payment (in Scotland)

For more information, our guide outlines how to get car finance on benefits.

Sources of income we do not accept

  • Annual or one-off bonuses
  • Unemployment benefit
  • Expenses
  • Non-nursing bursaries
  • Student grants or awards
  • Jobseeker’s Allowance
  • Income Support
  • Parents’ Learning Allowance
  • Care to Learn
  • Support for Mortgage Interest (SMI)
 
Sam Wooller, Customer Experience Communications Manager
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