fbpx
  • facebook
  • twitter
  • linkedin

What You Need To Check First

It is always better to be prepared when you apply for a loan and you have had bad credit in the past. Our bad credit check list will help you increase your chances.

  1. You must have a steady and reliable income
  2. Any and all income sources must go into your bank account
  3. You must not have had any credit problems in the last 6 months from the date you apply
  4. You must not have more than 2 pay day loans current at the time you apply
  5. Any current loans or debts you have, must have a perfect repayment history for the last 6 months from the date you apply

Employment

  1.  Casual employment, greater than 3 months with current employer
  2.  Part time employment, greater than 3 months with current employer
  3.  Full time employment, greater than 3 months with current employer
  4.  Agency employment, greater than 6 months with the one agency, with consistent employment in that time

 

Other income sources we accept on top of the above.

 Centrelink

  • Family Part A & B
  • Parenting payments
  • Disability Pension
  • Retired pension
  • Self-funded pension
  • Disability support pension
  • Veterans Pension

Compulsory documents required from you when applying for a bad credit loan.

  1. Evidence of all income sources, if employed we would require your last 2 pay slips, if you also get centrelink income then we would need a recent centrelink income statement
  2. A transaction listing from all bank accounts held in your name for the last 90 days
Share This

Share This

Share this post with your friends!