Affordability Options

Category Setup - Affordability Limitations

These are the affordability options that the user may wish to enable or disable for the current category configuration.

Affordability Options

Option	Description
Use salary income	If selected, the client's salary income will be used in the affordability calculation.
Use informal income	if selected, the client's informal income will be permitted in the affordability calculation. Informal income is that income that cannot necessarily be retrieved from a bank statement Example: a client that is paid in cash
Categorize affordability	Selecting this will require the user to complete a detailed affordability for each client.
Affordability disclosure	This will permit users to perform an affordability disclosure for clients whose expenses do not meet the NCR minimums.
Allow bureau expense adjustments	This will allow allowed the user to modify the client's expenses retrieved by the credit report, such as the total CPA and NLR accounts expense.
Reset income on each loan	Ticking this option will require the user to input the client's income for every loan taken out by the client.
Remove disclosure when not required	Mobiloan will deduct the loan instalment from the affordability surplus Mobiloan will then consider the minimum bank reserve and the minimum expenses required for the client and determine whether the disclosure is still necessary or not.
Reset expenses on each loan	This option will require the user to specify the clients expenses on each loan taken out by a client.
Bank income for maximum instalment	If selected, the maximum allowable loan instalment calculation will be based on the total bank income only and not include any other income.