Example: Michael's loan application and his credit score
After his wife left him and he lost his job, Michael successfully applied for jobseeker’s allowance and housing benefit. Meanwhile, his wife, Denise began receiving child benefit for their children.
Michael applied for a loan to tide him over while he searched for a new job, but was turned down due to his low income. Denise, who was working, applied for a loan to fund a family holiday, and was approved.
* This is a fictional, but realistic, example.