How it Works

Step 1 – You complete an application online and provide us with the supporting documents which are, 100 points of ID, e.g. Drivers Licence, Medicare Card, 2 recent payslips and 90 days of bank transactions from the date of applying back 90 days where your salary is being deposited. The bank statement can be generated very easily by using our secured link which automatically sends us your last 90 days of transaction. This link is provided at the end of the application form. If you skipped this link, don’t worry as you will be receiving a confirmation email once you hit submit application. It will also list the required documentations which again can be emailed to us or simply uploaded at the end of your application form as you would be given the opportunity to upload once you hit submit. (Please make sure you check your SPAM folder if you do not receive anything in your inbox).

Step 2 – Once you have submitted your supporting documents to us, we will have a thorough look at your current circumstances and will check which tier you fall under and which interest rate is applicable to you. We are a lender as well as a broker so we work in your best interest making sure you are offered the lowest interest rate in the market by comparing all the lenders that you fit into including nmoni. We then select a lender that offers the best interest rate that fits your current profile. You will be emailed a proposal outlaying the interest and fees that is being offered to you before we proceed.

Once you are happy with the quote, we can then complete the formal approval. Once approved contracts will be electronically emailed to you.

Step 3 – Once signed (e-sign option available) and submitted to us/lender, money will be deposited into your nominated bank account for most personal loans and if a car loan, the dealer/private seller will be paid directly.