Putting our customers first since 1957...

Lending Criteria

StarLoans is a responsible lender

Your completed application form should give us the information we need to ensure that we will only offer you a secured loan that you can afford to repay.

As a responsible lender, our lending criteria emphasise the following:

  1. Your total income including Benefits - please go to our Budgeting Form - do you have enough free cash each month to repay the loan?
  2. Your occupation(s) - length of service and whether you are employed, self-employed or an agency worker.
  3. Your Credit Report, which will confirm details of your application form, such as your total indebtedness and your record in repaying existing debt.
  4. How much equity do you have in your property? Equity is the difference between your property's value and your outstanding mortgage. Property values can be sourced from a property information website called Zoopla.
  5. Purpose of loan. Secured loans are suited to funding home improvements and debt consolidation but may be used for any purpose.