Proof of Address Required The address where you live will need to be verified for lending requirements.*
If the lending systems cannot verify your name to your address we will require one of the following documents.
Government Department issued letter
One of the above needs to be current and issued within the last three months. It will need to show your name and address on the document. We cannot use computer screen shots or files that can be edited.
Take a photo with your smart phone of the printed A4 page or you may use a PDF file if this document was emailed to you.
Bank Statement Required A part of responsible lending requires that your new loan will not over commit you to debt.*
Your bank statement may be requested for the following reasons.
You have a limited credit history and income.
You have existing loans where your debt to income ratio needs to be assessed.
Your loan is for a large purchase that will require assessment for the sustained affordability of your payments.
Supply your current bank statement in one of the following ways.
Download a PDF file from your banks website.
Take clear and readable photo/s or scan/s of your posted statement.
If we have included a 256-bit encryption secure service link, you can submit via illion BankStatements. Click on the link in your Conditions email for a safe and secure online way to send in your bank statement.
Your bank statement will need to be current, show your income and payments for any existing loans. Click reply on your Conditions email, attach the pdf or image file/s and click send.
Repayment Waiver If we have included a Repayment Waiver Fee on your contract you will find it is generally included by our lending officers to protect the reliability of your repayments. It may be removed at your request.
What it covers :
If you wish to have it removed from your contract please call and speak to a Lending Officer on 0800 74 11 11 - Ext 2.
Repayment Waiver is charged only during the time your contract is running and will generally apply a credit to your account for any unused portion of cover if you decide to settle your contract early. *
The last page of your contract will explain in detail how it works.