Unaffordable Lending

Lenders must conduct proportionate affordability checks based on actual income and expenditure for repeat lending, particularly where customer banking data is readily accessible.

A lender must carry out proportionate affordability checks before lending, and must handle voluntary termination of hire purchase agreements fairly and clearly.

Lenders must conduct reasonable and proportionate affordability checks before providing credit, and must not lend in a way that increases indebtedness unsustainably, particularly where the borrower has demonstrated payment difficulties.

A lender must carry out proportionate affordability checks and should not lend irresponsibly, with more thorough checks required as a lending relationship continues and risk of unsustainability increases.

A lender must not provide credit where the borrower is unlikely to be able to sustainably repay the debt based on the information gathered during creditworthiness checks.

Lenders must conduct reasonable and proportionate creditworthiness assessments focused on the borrower's ability to sustain repayments without adverse consequences, relying on sufficient independent evidence rather than solely on consumer d

Lenders must conduct borrower-focused and proportionate affordability assessments that consider the sustainability of repayments and the impact on the consumer's financial situation, not merely the likelihood of repayment.

Lenders must carry out reasonable and proportionate affordability checks that are borrower-focused, considering whether repayments would cause significant adverse consequences, with proportionality increasing with lower income, higher repay

Lenders must conduct borrower-focused affordability assessments that consider whether loan repayments would cause significant adverse consequences, not merely whether the lender will recover its money.

Lenders must carry out reasonable and proportionate affordability assessments that are borrower-focused and consider whether repayments would cause significant adverse consequences, not merely whether the lender will recover its money.

Lenders must complete reasonable and proportionate affordability checks that are borrower-focused and consider whether repayments would cause significant adverse consequences, with checks being more thorough for customers with lower income,

Lenders must conduct reasonable and proportionate affordability assessments that are borrower-focused, considering whether repayments would cause significant adverse consequences, not merely whether the lender will be repaid.

A lender must conduct a fair and proportionate affordability assessment that evaluates whether repayments would cause significant adverse consequences for the borrower, not merely whether the lender would recover its money.

Lenders must carry out proportionate affordability checks before granting credit, particularly for longer-term loans with significant total repayment amounts.

Lenders must conduct reasonable and proportionate affordability checks that are borrower-focused and consider whether loan repayments would cause significant adverse consequences, regardless of security held.

A lender must assess whether a consumer can sustainably repay a loan, not just whether they have enough money to make payments, with affordability checks proportionate to the circumstances.

A lender must conduct proportionate affordability checks and not lend to a borrower who is already in financial difficulty with high existing debt obligations.

A lender must conduct proportionate affordability checks and properly consider the information gathered to ensure lending is sustainable, particularly when the borrower shows signs of existing overindebtedness.

Lenders must conduct reasonable and proportionate affordability assessments that are borrower-focused and consider whether loan repayments would cause undue difficulty, particularly where indebtedness is growing and loans are being repeated

Lenders must assess whether borrowers can sustainably repay loans, not merely whether they have sufficient income to make repayments, with proportionate checks increasing as risk factors accumulate.

A lender must assess whether a borrower can afford to repay loans sustainably, not merely whether they have sufficient income to make the repayments, and must conduct proportionate affordability checks that become more thorough as lending p

Lenders must conduct proportionate affordability assessments to establish that borrowers can sustainably repay loans, taking account of income, expenditure, loan amounts, repayment sizes, and patterns of lending.

A lender must complete reasonable and proportionate checks to ensure a borrower can sustainably afford credit repayments, considering the impact on their finances rather than just likelihood of repayment.

A lender must carry out proportionate checks to ensure a borrower can make payments in a sustainable manner before lending.

Lenders were entitled to rely on applicants' representations and historical account conduct for CBIL applications, given the scheme's requirement for swift decision-making and the expectation that detailed manual checks would not be carried

An interest-free loan does not require proportionate affordability checks as the borrower incurs no cost from the lending.

A lender must conduct reasonable and proportionate affordability checks before providing credit, verifying income where possible and assessing the borrower's ability to sustainably repay.

A lender must conduct reasonable and proportionate affordability checks before providing credit, but if proportionate checks would likely have shown the credit was affordable, lending is not irresponsible.

Lenders must carry out proportionate affordability checks before lending, taking into account the amount of credit, repayment size, cost of credit, and the consumer's circumstances.

A lender must carry out proportionate affordability checks before agreeing to lend, with the level of scrutiny depending on factors such as adverse credit history, income level, and loan amount.

A credit relationship is unfair under s140A of the Consumer Credit Act 1974 if the creditor failed to carry out reasonable enquiries into the debtor's ability to repay when such enquiries would have revealed the credit to be irresponsible o

A lender must carry out proportionate affordability checks before lending, with the level of scrutiny varying based on loan amount, borrower income, and lending relationship stage.

A lender must carry out proportionate affordability checks before lending, with greater scrutiny required where a borrower has adverse credit history.

A lender must carry out proportionate checks to ensure lending is sustainable, with the extent of checks depending on factors such as borrower income level, loan amount, and credit history.

A lender must carry out proportionate affordability checks before lending, but checks can be less thorough in early lending relationships if the borrower's income is reasonable, existing debt is manageable, and no adverse credit information

A lender must conduct reasonable and proportionate affordability checks before providing credit, using accurate financial information to assess sustainable repayment capacity.

A lender acts fairly when applying contractually specified variable interest rates in line with market conditions and when offering standard debt management options to customers in financial difficulty.

A creditor's relationship with a debtor arising from a credit agreement is only unfair under section 140A of the Consumer Credit Act 1974 if the creditor's actions or the agreement terms were genuinely unreasonable having regard to the whol

A lender must complete proportionate affordability checks before advancing credit, considering the amount, term, and what is already known about the consumer.

Lenders must complete reasonable and proportionate affordability checks before granting credit, taking into account factors such as total repayable amount, repayment size, and the consumer's specific circumstances.

Lenders must conduct reasonable and proportionate affordability assessments that are borrower-focused, considering whether repayments are sustainable without causing undue difficulty, regardless of the likelihood of recovery.

A lender must carry out proportionate affordability checks before lending, with the level of scrutiny varying based on borrower risk and loan characteristics.

A repayment plan is not fully agreed until all material terms, including the start date, have been settled between the parties.

A lender must take reasonable steps to ensure it does not lend irresponsibly by carrying out proportionate checks that the borrower can afford to repay in a sustainable manner.

A lender's reliance on proceeds from matrimonial property sale as repayment source is permissible under CONC 5.2A (post-November 2018 agreements), unlike earlier regulatory regimes.

A lender must carry out proportionate affordability checks, and even if checks are inadequate, the complaint may not be upheld if it cannot be shown what adequate checks would have revealed.

A lender must assess whether a borrower can afford to repay a loan sustainably, proportionate to the circumstances, but is not required to conduct exhaustive enquiries beyond what the borrower discloses and standard credit checks for a firs

Lenders must conduct reasonable and proportionate affordability checks that are borrower-focused, considering whether repayments would be sustainable without causing difficulties.

A lender's creditworthiness checks must be reasonable and proportionate to the type and amount of credit; a lender is entitled to rely on information verified through credit reference agencies where no evidence contradicts it.

A lender must assess whether a borrower can afford to repay a loan sustainably, not merely whether they have sufficient income to make the repayments.