How long until I receive my funds
- Be aged 21 or over
- Be an Australian citizen or permanent resident
- Be earning over $25,000 per year from a regular source of income that you can demonstrate
- Have a good credit history
- 100 points of ID. For example, your driver’s license, passport, Medicare card, etc.
- Proof of residence, such as council rates or a utility bill that confirms your address.
- Proof of income, such as recent payslips, a tax return, a group certificate or current bank statements. Lenders may also ask for a letter from your employer stating your employment details.
- Proof of savings, such as bank statements or investment documents that show you have the ability to regularly save money from your income.
- Assets, including property or other vehicles that you own.
- Liabilities, including any other debts or loans in your name, such as credit cards.
- Proof of comprehensive car insurance to show you’re covered in case you are hit with a damages claim in the future.
- Contact details for people who can authenticate these details, such as your employer, landlord or accountant.
Details about your car
- An invoice from the dealership or a contract of sale
- Vehicle chassis number
- The year, make and model of the car
- Registration details
- Details on the fuel efficiency of the car
- Confirmation of comprehensive car insurance
- The loan amount
- The interest rate
- The repayment period
- Additional fees such as establishment, upfront late payment, account keeping, early exit and monthly administration fees