What Do I Need to Get a New or Used Car Loan
1. Identification: Drivers licence and some other form of id, such as a medic are card or bankcard or credit card.
2. Proof of Address: A bill addressed to you at your home address. Acceptable bills are telephone accounts, bank statements, credit card statements, power bills, land rates or water rates.
3. Proof of income: This can be a payslip less than a month old, a job letter, bank statements showing wages or salary being paid in regularly. If you receive centrelink or a government pension a recent income statement will be required.
4. Bank Statement: Your bank statement is required for the direct debit to be completed so that your payments can be deducted from your bank account. Being able to supply these things can greatly enhance your chances in getting a new or used car loan approved. Providing these documents at the time you apply will also speed up the approval process.