Scenarios/Acceptance Conditions

Question 1

Deposits ≥£7500 -

Answer 1

Note to Dealer: SUBJECT to proof of £XXXX deposit showing as cleared funds on customers bank statement
Park & Release: Proof of deposit - Required

Question 2

No active electoral roll and no active mortgage at proposed address for the customer/Address discrepancies against duplicate proposals

Answer 2

• Note to Dealer: SUBJECT to E-sign OR proof of current address dated within the last 90 Days without E-sign
• Park & Release: Proof of current address - Required

Question 3

Employment and income discrepancies

Answer 3

• Note to Dealer: Please provide open banking data for the customer to support the application
• Park & Release: Most recent month’s bank statement showing salary credits - Required

Question 4

Affordability and adverse concerns

Answer 4

• Note to Dealer: Please provide open banking data for the customer to support the application
• Park & Release: Most recent month’s bank statement showing salary credits - Required

Question 5

Affordability concerns for lends over £25k

Answer 5

• Note to Dealer: Please provide open banking data for the customer to support the application
• Park & Release: Most recent month’s bank statement showing salary credits

Question 6

Affordability, adverse & fronting concerns with current Hire Purchase outstanding

Answer 6

• Note to Dealer: SUBJECT to proof of settlement of current Hire Purchase
• Park & Release: Proof of settlement of existing finance - Required

Question 7

BLUE customer re-applying for finance

Answer 7

• Note to Dealer: We require settlement of the existing BLUE Motor Finance agreement to proceed
• Park & Release: Contra settlement - Required

Question 8

No current account visible on credit file

Answer 8

• Note to Dealer: SUBJECT to front page of bank statement showing customers name and address dated within the last 90 days
• Park & Release: Proof of current account showing name and current address - Required