How it works
A clearer way to borrow
Four plain steps, with every figure in front of you before you sign anything.
- Step 01Choose your loanPick a product, an amount and a term in the calculator. You see the instalment, every fee, the cash you receive and the effective rate.
- Step 02Submit your applicationFill in a short form online or at a branch. You get an application number to check your status.
- Step 03Application reviewA loan officer calls you, usually within two banking days, checks your documents and may call your employer.
- Step 04Decision and releaseIf approved, you sign the disclosure statement and promissory note at the branch and receive the net proceeds.
No guarantee of approval or of immediate release is implied. Every application is reviewed by a person.
On release day
If your loan is approved, the loan officer sets a day with you. Bring:
- The valid IDs you applied with, originals
- Your co-maker, if your loan needs one, with their own valid ID
- Your checkbook, if you repay by post-dated checks
- Time to read the disclosure statement before you sign it. Ask about any line you do not understand.
Before you sign
You receive a disclosure statement showing the amount financed, the interest, each fee, the net proceeds, the total of payments, the schedule and the effective interest rate. It matches what the calculator showed for the same amount and term.
Read it. Ask about any line. Your rights as a borrower.
Start with the figures
See your instalment and every fee, then apply online or at any branch.