Helpful Tips

Check your credit file often to ensure that there is no unknow enquiry hits on your name
Pay your loans and credit cards on time, don’t miss debit orders
Don’t apply for credit from too many different lenders, each lender will leave a mark against your name aka -too credit active
Consolidate small loans into a single loan
Don’t take out a payday loan to pay a deposit on another loan, use savings if you can
Make use of a broker that will find you the best interest rates that you will be able to service

If you are new to Australia most lenders would require a 10%-20% deposit
Most prime lenders will assist with finance if you are fulltime employed- contract to be provided
The loan term will run concurrently with your VISA term (copy of VISA will need to be provided)
Lenders will require you to have a fixed address example: rental agreement in place
Adding you partner or spouse to the loan agreement will improve your chances of getting approved

Complete a loan / finance application form
Give your privacy consent to enable us to do a mark free credit check
Provide proof of income, payslips and most lenders will require bank statements
Provide us with proof of identity, in most cases a drivers licence and medicare card would be sufficient
Provide us with proof of address
In most cases the above would be sufficient but some lenders might request more information