Prepare the common information a lender may need for a personal loan assessment. The exact documents depend on your income type, loan purpose, existing commitments and the lender selected.
Initial discussion and assessment only. A formal lender enquiry occurs only with your consent.
Use your current legal name, date of birth, residential address and contact details. A lender may request acceptable identity documents and address history as part of verification.
Income evidence differs by applicant. Employees, contractors, casual workers and self-employed applicants can require different supporting information, and lender policies are not identical.
A lender looks at the new loan alongside existing commitments and normal living costs. Prepare realistic figures rather than trying to make the budget fit a target repayment.
The purpose and amount should be clear and supportable. Depending on the purpose and lender, you may be asked for quotes, payout figures or other documents that show how the funds will be used.
Disclose recent job changes, past credit issues, previous declines, unusual income, temporary residency or other material circumstances before a lender is selected. A complete picture makes it easier to decide whether a formal application is sensible.
Prepare the facts first, then choose the lender pathway.
Collect identity, income, commitments and purpose information that is already available.
Flag anything unusual, including variable income, credit issues or a previous decline.
Use the real facts of the application to narrow the lender options before formal submission.
Provide any additional documents requested for the selected application pathway.
No. The evidence varies with the lender, your income type, loan purpose, existing commitments and the facts of the application. The checklist covers common preparation items.
Have the current balances, limits and repayments for the debts you want to consolidate. Compare the new total cost as well as the monthly repayment.
A broker discussion does not itself require a formal lender application. A lender credit enquiry should occur only if you decide to proceed and give consent.
Tell us the purpose, amount and your current circumstances. We can discuss possible personal-loan pathways before you decide whether to make a formal lender application.