Credit Impaired
Before we can direct you to the loan product that suits you best, please click on the following link that best describes how you will confirm your income with Morgan Brooks DIRECT………
Standard Income Verification including:-
PAYG Borrowers
You have been employed by someone else for at least 6 months and have current pay slips and possibly a letter from your employer to verify that.
or
Self Employed Borrowers or Investors with tax returns
You must be able to demonstrate you have an active Australian Business Number (ABN) and have been self employed for at least the last 2 years. You must have GST registration for at least 12 months. You can and will provide your last 2 years taxation returns and financial statements that verify sufficient profit, before tax, to repay the proposed loan amount. You must also have past 12 months lodged BAS statements from the ATO. These BAS statements are required for each trading entity declared in the application. You must also have past 6 months personal transaction account statements. You must also disclose any other current debts you may have and your day to day living expenses.
Self Employed Borrowers 2+ years
Borrowers must have an active Australian Business Number (ABN), trading for 2 years and have GST registration for at least 12 months. These borrowers must be able to provide past 12 months lodged BAS statements from the ATO, and must be able to provide the BAS statments for each trading entity declared in the application. You must also have past 6 months personal transaction account statements.
If none of the above seem to describe your income or credit CALL 1800 801 999
