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Trust CenterVerifying Your Income & Expenses

Verifying Your Income & Expenses

Providing Your Bank Statements

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We need your most recent bank statements so that our platform can confirm your current income and expenses.

Providing this information helps us ensure you will be able to afford your loan repayments comfortably.

Don't worry if you think your bank statements aren't so flash. Our platform assesses thousands of bank statements each month and approves all types of customers.

How do I provide you with my bank statements?

You can provide your bank statements when you apply on our website or submit them later using your application dashboard. Either way, it only takes a few seconds.

We use a secure service from illion Open Data Solutions that provides us with a one-time, read-only copy of your bank statements for the past 90 days.

The copy we receive is digital, which enables our platform to instantly assess your income and expenses, eliminating human error and resulting in a faster lending decision.

We do not accept manually provided PDF statements.

Is it secure?

Yes, very. The service provided by illion Open Data Solutions offers a one-time retrieval of your bank statements, and it only happens with your authorisation.

Your login credentials are never seen and never stored. All data sent to our server is encrypted with 256-bit encryption and secured by 2048-bit keys, the same kind of security banks use to protect data.

Our Privacy Policy gives you the right to ask for a copy of any personal information we hold about you, including the bank statement data we receive. So, if you would like to see what information we receive as part of this service, let us know, and we will be happy to share it with you.

How do I access my application dashboard and complete this task?

To access your application dashboard, click on the secure link in the e-mail or SMS you received from us. The sooner we receive your bank statements, the sooner we will be able to assess your application. Let's go!

What if I don't want to use this service?

We will not be able to confirm your current income and expenses, and you will not be able to proceed with your loan application.

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¹Fees: We do not charge a fee to use our service (commonly referred to as a platform fee, broker fee, or referral fee) if (a) you are an existing customer, (b) we arrange vehicle finance, and you use the vehicle purchased as security on the credit contract, or (c) you do not proceed with a credit contract. A fee to use our service of between $0.00 and $995 is applicable in all other cases.

²Annual Interest Rate (AIR): The AIR offered by our Personal Loan providers ranges from 6.95% p.a. to a maximum of 26.95% p.a.

³Annual Percentage Rate (APR): Also known as the 'comparison rate', the APR is calculated by adding together the AIR plus any additional fees that may apply (like establishment fees). New Zealand law does not require APR disclosure but doing so can better highlight borrowing costs. The APR offered by our Personal Loan providers ranges from 7.80% p.a. to a maximum of 27.91% p.a. The APR is accurate only for the representative example given below and may not include all fees like early repayment fees (if any). Different terms, fees or other loan amounts might result in a different APR.

⁴Minimum and Maximum Repayment Terms: Repayment terms offered by our Personal Loan providers range from 12 months to a maximum of 84 months.

Representative Example of the Total Cost of a Loan: If you borrow $20,000 over a repayment term of 36 months at an AIR of 6.95% p.a., your total repayments will be $22,493 (made up of $20,000 principle, interest charges of $2,243, and an establishment fee of $250). This example assumes monthly repayments and does not include premiums for any optional insurances or fees for using our service (if any).

Terms and Conditions: All approvals are subject to provider credit criteria and responsible lending requirements. The loan amount and interest rate offered will depend on your circumstances, the type of lending required, and the security (if any) provided. Provider establishment fees, terms, and conditions apply.