| ‘Open Banking’ launched in 2018 and is a secure way to give providers, such as ourselves, access to your financial information. We can then use this information to help determine the suitability and affordability of the loan you are applying for with us. If we need more financial information from you, we will, if applicable, request access to your bank transaction history. The process is optional but will form an important part of your application as it will help us to verify your financial information and asses the affordability of the loan you have requested. With your permission, our trusted partner consents.online will connect to your bank account safely and securely to provide us with details of your transactions and income. This is separate from credit reference checks and will not impact your credit file. For more information on ‘What is Open Banking’ visit https://www.openbanking.org.uk/customers/what-is-open-banking/ |