How we make a loan decision
As a community, member-focused business, Hoot makes sure that every loan application is assessed on its merit and according to individual circumstances.
There are three stages to making the loan decision, all based on the information you provide.
Once we have been through this process we will email you with our decision. If you are successful you will be asked to sign the loan agreement and complete any other information we need. If you are not successful, we will tell you why and give you further information depending on the reson we have turned you down.
Every loan is looked at by a person. There are no automatic machine made decisions and your circumstances are always taken into account.