Quote Originally Posted by Entrep View Post
What do you mean? They consider income versus repayments and the amount of the loan? I'm curious to know if someone can take out a $30K loan with them, with a $2K car as the only security, for example.
I don't think the loans are always covered in full by the security, but it's probably one of the factors that decides their final interest rate based on risk. From memory Squirrel only a third or so of loans which have security against them.