In this age of the Internet, and its “whole new realm of mischief”, it is brought a faster and easier way to live to us.

Think about how would we have got on during the pandemic and Covid if we had no Internet?

There is a lot we could not have done, or been able to see others.

Lending and banking is no different, they have harnessed the power of the Internet to make life easier. We can bank online using our computers and also using mobile apps on our mobiles, and also apply for loans, all online.

While the process may be more streamlined, there are still the basics of information and details we need to provide.

Our Details

When applying for a loan you need to give your name, address, (post code), DOB/date of birth. You may also be asked how long you have been at your address, and do you rent or own your property.

Some lenders may ask about your occupation, are you self-employed. They also may want additional contact details, mobile numbers, email addresses, and even if you have any social media accounts.

You may want to have to hand identity documents, such as a passport or drivers license, to prove you are who you say you are.


Obviously if you are asking to borrow money, in any form, the lender wants and needs to know you can pay the loan back. This means having knowledge of your income. And they can ask about, and you will want to be able to provide documentation on all sources of income:

Any thing that brings money in, you may wish to show in order to help with showing affordability in repaying the loan.


The next obvious question a lender will ask is, what are your expenses each month. Your expenditures, your out-goings.

You will want to have this information to hand, and you may be asked to provide documentation on the following:

Your Credit Score

This is not something you will provide as the lender will ask your permission in the loan application to review your credit history and credit score.

Your credit score in addition to affordability to repay the loan are the two main factors in deciding to grant a loan or reject the application.

If a lender is not 100% sure of the details you provided, and/or feels the loan is not a sound investment for them, then they may ask for the additional documentation such as proof of income, bank statements, etc.

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