- Vehicle Finance
- Electric Cars
- Used Vehicles
- Approved Used Vehicle Offers
- Who are VWFS
- Volkswagen Financial Services UK
- VWFS UK
- Volkswagen Bank
What is Affordability Passport?
After you submit an application to Volkswagen Financial Services, we may need some further information from you. Using Affordability Passport (powered by Experian), we can keep the application process simple, secure and hassle-free.
It allows you to give consent to share your bank transaction data in one secure step, creating a single data passport that shows your income, spending, and credit commitments. This helps us make a fair and informed decision while meeting Financial Conduct Authority (FCA) requirements.
Why it matters
We want to check your finance plan is affordable and right for you. By securely sharing data from up to two bank accounts, we can confirm your financial health without the need for paper statements. You can choose accounts that best reflect your income and spending, not accounts with limited funds.
Benefits for you
Why we use Affordability Passport
- Meets FCA requirements for responsible lending
- Helps protect you from financial strain
- Streamlines the process for both customers and retailers