To get a loan from us, there are some basic eligibility requirements. You must:
- Be applying as an individual (no joint applications)
- Be a citizen or permanent resident of Australia and currently residing in Australia
- Be earning an income of at least $20,000 per year (you cannot be earning the majority of your income from Government benefits)
- Be at least 18 years of age
- Not have any outstanding defaults
- Not have any court judgements, writs, or bankruptcies
- Not currently in collections for any existing debts
- Have no more than three active payday loans at the time of application
Self-employed applicants
If you are self-employed, you must also:
- Have been trading for at least 2 years
- Provide the previous financial year's tax return, that shows income has been paid to you from your business, and the notice of assessment
- Be borrowing for predominantly personal or personal investment purposes