Independent assessment
of lending decisions.

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.