Moneyway Welcome Pack - Procedure Guide - Flipbook - Page 7
Product Guidelines
and Criteria
• Default Accounts in last 36 months which have not been
satisfied with value >£5,000
• Failed affordability index cut-off
• Decline Affordability - No Insight
Standard Proofs
Proof
Requirement
Invoice
Please ensure the details on the invoice match to the
Hire Purchase Agreement.
All invoices must be made out to
Moneyway, One Arleston Way, Solihull, B90 4LH
The invoice must comply with the VAT Margin Scheme with
sellers margin scheme declaration (e.g. “This invoice is for a
second hand margin scheme supply“) where required.
Dealer business name, address and VAT registration number to
match credit intermediary on Hire Purchase agreement.
Customer name and address.
Stock book number and invoice number.
Date of transaction (invoice date) must be between the
date of Hire Purchase acceptance and date documents
submitted for payout.
Description of vehicle: make, model, VRM, VIN and
date of registration.
Total price, deposit and/or part-exchange (including any
settlement of finance where appropriate), amount to finance
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