When we evaluate a loan we look at a couple of indicators:

First of all the client needs to have all of the required documentation. See our article about what documentation is needed.

If the client pays us back through his employer, the chances of getting the loan is almost 100 %. If he pays us through a standing order then things get a bit more complicated. We will then look at the income level.

• We first look at the persons net salary
• Then we deduct all other expenses the person has if they have not been deducted yet from the salary. Such expenses are leases, mortgage payment etc..
• That will give us a net after expenses
• We then take 50% of this net as the amount that the person could pay per month for his monthly loan payments.
• if the monhly loan payment exceeds this amount the person does not get approved.
• If he takes out all of his money from his bank account, the same day or second day, we will not approve;
• If his employer is not in good standing with us we will not approve.