PERSONAL LOAN APPLICATION


At Woolworths Team Bank, we take Responsible Lending seriously, meaning that we are very careful in making sure that our customers have the capacity to repay a proposed loan.

If you are a first time borrower, or have not obtained credit in a few years, then it is essential to have an understanding of the information that we will need from you to progress your loan application in a timely and responsible manner.

Please take the time to read and familiarise yourself with the information contained below prior to attending or submitting your loan application.

We will need to understand and verify your income

  • If you receive a PAYG salary or wage, then we will need to see your last two payslips, PLUS your bank statements for the past three months that show matching salary credits.

  • If you receive other types of income, such as rental income from an investment property, company dividends, or receive regular overtime or bonus income on top of your PAYG salary, then a copy of your most recent tax return will also be helpful.

WHICH LOAN ARE YOU AFTER?

Minimum loan amount is $2000

YOUR DETAILS

First applicant


A dependent child is a child under 18 or an older child who lives with the applicant, has no income, and is fully financially dependent.

You are a foreign tax resident if you are liable to pay tax in another country, even if you don't need to fill out a tax return.
Collection of Tax File Number (TFN) information is authorised and regulated by tax laws and the Privacy Act. It is not an offence to choose not to quote your TFN. However, if your TFN is not quoted you may be charged Withholding Tax on the interest that you earn. If quoted, your TFN will automatically be applied to future accounts you open on this membership unless you instruct us otherwise.

YOUR DETAILS

Second applicant


A dependent child is a child under 18 or an older child who lives with the applicant, has no income, and is fully financially dependent.

You are a foreign tax resident if you are liable to pay tax in another country, even if you don't need to fill out a tax return.
Collection of Tax File Number (TFN) information is authorised and regulated by tax laws and the Privacy Act. It is not an offence to choose not to quote your TFN. However, if your TFN is not quoted you may be charged Withholding Tax on the interest that you earn. If quoted, your TFN will automatically be applied to future accounts you open on this membership unless you instruct us otherwise.

YOUR INCOME

First applicant

Current employment
Income details

Previous employment

Second employment

Do you receive any other payments?

By proceeding you acknowledge that all the information provided is true and correct.


Second applicant

Current employment
Income details

Previous employment

Second employment

Do you receive any other payments?

By proceeding you acknowledge that all the information provided is true and correct.


YOUR ASSETS






















YOUR EXPENSES

Living expenses
Includes vehicle registration, vehicle insurance, vehicle repairs and maintenance, petrol and tolls.
Includes sport, domestic holidays, movies, electronic games, media streaming services, pet food, pet grooming, veterinarian services, tobacco, alcohol and gambling.
Includes school fees, daycare and preschool fees, nannies, school books and materials, children's sports and activities.

Credit cards and overdraft accounts (Personal and/or business)


Buy now, pay later (BNPL) services



Other loans (Personal or Business) including guarantees, leases, hire purchase, margin loans etc.


BANKRUPTCY, DEBT AGREEMENTS, JUDGEMENTS AND OTHER ACTION

Have you ever been subject to the following:

Have any of the borrowers ever been subject to the following:


DOCUMENTS

Proof of identity
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Income verification documents
Browse
Expense verification documents
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Asset verification documents
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CUSTOMER DECLARATION

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