"An unaffordable loan is not a customer's failure - it is a lender's."
Key Ledgers provides structured affordability analysis for consumer lending disputes, reviewing income, expenditure and creditworthiness to evidential standard.
An affordability analysis examines whether a lender carried out appropriate checks before extending credit. It reviews the borrower's income and expenditure at the point of lending, the information available to the lender, and whether the decision was consistent with responsible lending standards.
Key Ledgers prepares affordability reports for solicitors in consumer credit disputes, FOS referrals and court proceedings. Instructions come from claimant and defendant solicitors.
Analysis supporting claims under the Consumer Credit Act and FCA Consumer Duty, where affordability checks are alleged to have been inadequate.
Preparing independent reports for Financial Ombudsman Service referrals where the affordability of lending is in dispute.
Independent analysis confirming that the lender's affordability assessment was reasonable given the information available at the time.
Analysis of all income evidence available to the lender at the point of lending, including payslips, bank statements and self-employed accounts.
Review of the borrower's committed expenditure, including existing credit commitments, housing costs and essential living costs.
Assessment of the borrower's credit history and overall creditworthiness as reflected in credit file data available to the lender.
Comparison of the lender's actual assessment with the standards required by FCA CONC rules and the Consumer Credit Act.
Independent financial analysis in civil and criminal disputes. Fund tracing and loss quantification.
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Analysis of consumer finance agreements and mis-selling claims in High Court proceedings.
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CPR Part 35 compliant reports and court attendance. Duty to the court.
View serviceWe respond to all enquiries the same working day. Instruction details are treated as confidential from the first contact.
"We respond to all enquiries the same working day."