Application referred due to BANK ACCOUNT CONDUCT
Whether you go forward with us, or we refer you to one our referral partners, our aim is to provide you with the best funding opportunity, so that your immediate loan needs can be met, and you can go forward financially.
It is important that before providing credit that a lender sees regular and reliable payment behaviour on any existing loans, insurances, or other commitments. And on this occasion, your referred outcome was based on the payment or repayment patterns on your current bank account conduct.
What do we mean by Bank Account Conduct?
As part of your application, we retrieved the last 90 days of your bank statements via a bank statement service provided by illion . This service analysed the deposit and withdrawal transactions which helped to:
Verify your current credit/loan commitments and consistency repayment behaviour on them
Identify dishonoured payments or excessive ATM withdrawals
Identify poor spending habits/mismanagement of income verses spending
Confirm your serviceability (having enough left over each month to service your new loan)
Identify excessive discretionary spending that could be detrimental to managing/servicing a new loan
And based on this information, we have determined that your best funding opportunity will be through one of our referral partners.
What next?
To apply with one of our referral partners, simply click refer me now.
What can you do to improve your loan chances?
For essential tips, please read our blog that outlines what you can do next to improve your situation.
Thank you for applying with us and we hope our referral helps you to move forward.
Fair Go Finance