Personal Loans

Personal loans can help you borrow money in a hassle free way to suite your needs.

Personal loans, generally speaking, come in two categories.

1. Secured Personal Loans
   
   It refers to a fixed interest rate or variable personal loan that requires collateral or security of a savings account, stocks, bonds, certificates of deposit, vehicle, and etc.
   
2. Unsecured personal Loan
   
   It refers to a fixed interest rate or variable personal loan that requires no collateral or security.

Some points to remember when applying for a personal loan

• The applicant must be more than 18 years of age
• Need to be either a citizen or permanent resident of Australia
• The minimum wage income must be above $20K per annum
• If the applicant has defaults, only paid defaults are acceptable
• Up to 2 applicants
• Minimum amount is $6000

Application Process

Documents Needed

• Last months bank statement
• Last months Home loan / Personal loan / Car loan statements (if applicable)
• Last months credit card statement (if consolidating debts)
• If debt consolidating  - past 3 months statements for credit card, home loan & personal loans
• Originals of 2 most recent consecutive wage/salary slips
• Original tax assessment notice for the last financial year, or this years group certificate
• Original personal bank statement showing regular income received / deposited
• A certified accounts letter stating net salary income after tax

Standard Capital consultants are available at any time for a consultation, so please feel free to call us on (03) 9670 1770 .