Why is the disposable income different i the creditworthiness assement vs. the budget?

When comparing the disposable income in a creditworthiness assessment with the figure in the budget, you will often notice a difference. This is primarily due to how data is processed and the assumptions made in each calculation.

The Main Difference: Shared Expenses

The primary reason for the discrepancy is that the automated budget calculation does not account for shared expenses. For instance, if a customer shares a household with a partner and only pays 50% of the fixed costs, the budget will still deduct the full amount.

Example of the difference:

Budget Calculation (Simple Calculation):

This calculation subtracts total expenses from income without considering whether the costs are shared with others.

Total Income: 38,000 DKK

Total Expenses: -29,000 DKK

Budget Disposable Income: 9,000 DKK

Credit Assessment (Precise Assessment):

The creditworthiness assessment accounts for the customer's actual financial situation -including whether they are only responsible for half of the rent or a loan. This provides a more accurate picture of what the customer actually has available each month.

Understanding the Budget Tool

The budget tool is designed to provide a quick overview based on raw data (Income + Expenses). Because it cannot automatically determine exactly how a customer splits bills with a partner, the disposable income here will often appear lower than in the final credit assessment.

Any questions about the figures?
If you experience significant discrepancies that cannot be explained by shared expenses, please reach out via the chat or at support@uniify.io.