Frequently Asked Questions

  1. Home
  2. FAQs
  3. Application Process
  4. Why am I asked for my banking details?

Why am I asked for my banking details?

To help our lenders make their lending decisions 📝

They need to view up to 90 days of your bank account history, to assess whether their loan is suitable, affordable, and sustainable for you.

  • As responsible lenders, they work with credit reference agencies to review your creditworthiness, so it is important for them to verify your monthly incomings and outgoings.
  • This will help them to ensure that you do not find it difficult to make the repayments and end up incurring further costs and charges.
  • They are only permitted read-only access to your current account, so you will only ever be able to view the recent transactions on your account – nothing more.
  • All data is securely handled in accordance with data protection laws by and the lender’s privacy policy. For further information please click here:


> Everything you ever wanted to know about being a guarantor for a loan <

> See our guarantor loan deals <