cannot afford the repayments
Cashfloat Affordability Tester
Over 40% of online loan applications are declined at the lenders’ affordability assessments. That’s right; it’s often not your credit score or even your bad credit history that gets you a decline after all! We always try to assess if you can conveniently afford the loan. But did you know that every time you submit an online loan application, it can have an impact on your credit file?
Precisely for this reason, we are happy to introduce the zero-impact affordability calculator. Now, for the first time, you can assess your affordability before even applying for a loan. Once you are happy with the results, you can instantly apply for a loan online with a much higher acceptance rate. You won’t have to fill out your affordability details again; the application will be quick and simple.
To find out more about payday loans affordability assessments click here