Loans FAQ's

How will I know I am eligible to get a loan?

Each loan has its own eligibility criteria so check the page for the loan you want to apply for.

How much can I apply for?

The question should be – how much do I need? You should only apply for what you need; when you know that check the loan pages to find the right one for you.

How do you make a loan decision?

Every loan application we look at goes through the same process.

  • Affordability – we look at your income and expenditure and make sure you have enough left to make the repayments (and a bit more to spare)
  • Credit-worthiness – ALL Hoot loans are subject to a credit reference check. Having a poor credit rating won’t necessarily mean you won’t get a loan, but we must take it into account.
  • Your history with us – we take into account your good-standing with Hoot and your history of borrowing with us before.
View How we make a decision >>


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