Castlight Financial are a UK based company who are fully authorised by the Financial Conduct Authority (FCA) to provide Account Information Services and Credit Information Services.
An Affordability Passport allows you to easily view your income and spend by breaking down your account information into easy to understand categories.
You will get detailed insight into your financial activity, and it will help your adviser, lender, or other aide offer the products and services that meet your needs and affordability.
Your adviser, lender, or other aide can only view your passport, once you have checked all of the details, and consented to share it with your adviser, lender, or other aide – you are always in control.
To create your Affordability Passport, you will need to connect your bank account using a dedicated link provided by your bank, called Open Banking, and for banks that aren’t available through Open Banking, we will use our automated tool to access the website of your provider, in the same way you can online.
You will need your internet banking login credentials, these details are never viewed by Castlight or stored on any of our systems.
At Castlight, keeping your data safe is our number one priority. Your account is connected using bank-level security and 256 bit encryption. Our data centres are in the UK, we will not store or transfer your personal data outside the European Economic Area (EEA), and we will never share your information with any other third-party.