ph: 1300 648 2151

Self Employed and Low Doc

Did you know that there are approximately 1 in every 16 working adults who are self employed? Stallion are the leading industry professionals when it comes to arranging Self Employed and Low Doc personal loans. We have the experience and knowledge to determine the likelihood of an approval because we know what the banks are looking for to obtain an approval and just as importantly, we know what will put your personal loan application at risk of a decline.

Self Employed applicants are people who have been self employed for more than two years who are able to provide 2 years tax returns. Low Doc applicants are people who are self employed for at least 1 year and are unable to provide tax returns.

Some very important things to consider when seeking a personal loan are:-

  • Do not make multiple applications with several banks, lenders or brokers. Multiple enquires on your Veda Advantage Credit File will put your application at risk
  • The longer you live at your residence the better
  • The longer you have worked with your current employer the better
  • All current loans to be paid on time. In several cases we can still obtain an approval if there is a genuine reason for the arrears
  • No defaults to appear on your Veda Advantage Credit File. In some cases we can still obtain approval however the chances are greatly diminished if not processed properly
  • Two years personal and business tax returns (fully verified only)
  • ABN held for at least 12 months

There are numerous other circumstances that would affect the chances of approval so let the professionals take care of everything and call us on 1300 889554 or APPLY NOW