Open Banking information

Salford Credit Union has partnered with Perfect Data Solutions Ltd (trading as Lending Metrics) to provide an Open Banking platform for our members.

For some loans we require sight of your recent banking data in order to assess both eligibility and affordability for the loan. Our Open Banking platform allows you to consent to us reviewing your transactional data easily, quickly and securely via a computer or mobile phone. You must be registered for online banking with your main current account to use this platform.

The Open Banking platform is powered by oohMoolah, a trading name of Perfect Data Solutions Ltd, who are authorised and regulated by the Financial Conduct Authority (Registration No.730062).

If you apply for a loan with Salford Credit Union we might ask for a copy of your Bank Statement to help us assess the affordability of the loan. At that point we will email you with a link to invite you to use Open Banking.

Your data will only be used for the purpose of assessing your loan application and will not be sold or given to any other third party.

Salford Credit Union Privacy Policy

oohMoolah Privacy Policy


Do I have to provide consent? No, but if we do not receive your recent transactional data via this platform or another means, it may prevent you acquiring a loan from us.

Is my data safe? Your data will be handled in accordance with GDPR regulations and our Privacy Policy. It will be stored on our secure, cloud-based servers and will not be held for any longer than is necessary.

What is oohMoolah? oohMoolah is a brand name for our Open Banking partner, Perfect Data Solutions Ltd who are an FCA authorised and regulated company.

Check out the two videos below to find out more about Open Banking