I am keen to apply so what are the next steps?
The quickest and easiest way is to apply ONLINE on this website at the apply now page. Your details are secure and confidential and we are bound by the national privacy charter so you know that you personal information is safe. Just fill out the online application form by clicking on the Apply Now link. We ask for your name, contact numbers, email address, how much you want to borrow, the purpose of the loan and your address.
I have submitted an application so how long will this all take and what happens to my application?
You will be contacted to supply some supporting documents to finish your application. After you have supplied these details, a Financial Consultant will contact you to discuss your loan.
What is the general length of time the approval process takes?
The loan approval process can take as little as an hour and the deposit can be transferred to your bank account within a few days. You will need to provide the relevant supporting so that you don’t experience any delays.
How much can I borrow?
You can borrow from $500 and the maximum is $5,000.
How do I get paid and when?
Once your loan is approved the loan deposit will be electronically transferred to your bank that day.
Why has my application been declined?
If your loan that has been turned down, it is based on our assessment of your capacity to repay the loan.
What are your best contact details if I would like to speak to someone before applying?
Email is generally the best option. You can email us at: firstname.lastname@example.org
Alternatively, you can contact us on 0431 121 559. If a Financial Consultant is not available you can leave a message. Your call will be returned quickly.
I have seen businesses that advertise ‘no credit check’. Will Financing Loan complete a credit history check?
Yes but we are more concerned with your ability to repay the loan rather than just your credit history. Just remember, Financing Loans may lend to people who have bad credit records.
Can a refinance my learn early?
It will depend on your ability to repay your new loan and the state you live in.
How and when do I make repayments?
Your repayments are made in accordance to your pay frequency, eg. weekly, fortnightly, or monthly. We can either direct debit your nominated bank account or via a payroll deduction. We aim to help you manage your repayments.
I can’t make a repayment, what do I do?
We understand things come up from time to time, but it is important for you to call us and arrange an alternative repayment date. This way we don’t try and direct debit your account when you cannot pay. This will save you any bank fees or dishonor payments that may be incurred from your bank.
What are the reasons I am allowed to borrow for?
You can borrow for any purpose. Common purposes include purchasing a car, white goods, electrical equipment, furniture, holidays, school fees, home renovations, weddings and debt consolidation.
What types of income do you consider for the loan application?
We take into account full-time, part-time or self-employment income.
Do you accept Centrelink Recipients?
If part of your income is via Centrelink, that is OK, but you will generally need another source of income that is additional to your Centrelink payments as well.
What supporting documents do I need to produce to be approved for a personal loan?
We will contact you to arrange supporting documents. This will include 100 points of ID e.g. Drivers License, Medicare Card, Credit Card, Passport, Birth Certificate, etc.
Besides identification, we will also require recent payslips, bank statements and confirmation of your residence with a bill sent to your home address eg. electricity, car registration, phone bill.
You can simply scan and email you supporting documents to email@example.com
Call us if you have questions on 0431 121 559.