All applicants are treated equally and each application is on its individual merit, The Clydebank Co-operative takes all circumstances into account. To qualify for credit, the following criteria requested are minimum:
- A latest bank statement will be required.
- Three months’ pay slips are required, including the most recent or current month.
- Photo ID is required (driving license or passport).
- If the applicant has been resident at the address for less than two years, proof of previous address will be required.
- The applicant must have been at the address for at least one year prior to application and produce the most recent council tax bill.
- A residency search will be completed; the applicant must be seen to be at the address declared on the application form.
- If the applicant’s only source of income is through the benefit system, proof of benefit payments will be required.
- A financial status search on Equifax will be held and the applicant may be refused credit, if any of the following are found; A Trust Deed; any outstanding CCJs; any referral to Debt Collection Services; multiple letters from the Clydebank Co-operative, requesting payment for any previous unpaid clubs.
- If payments on credit are not kept up to date, the customer will be sent a limited amount of reminder letters before the issue is passed on to the “Lewis Group” debt recovery company. This will then affect future credit rating and the ability to obtain further credit from The Clydebank Co-operative.