What Documents Do I Need to Apply for a Loan?

To complete your loan application, we require the following:

  1. Proof of Identity – You will need to provide a valid driving licence or passport with an NFC (Near Field Communication) chip. This enables us to verify your identity digitally, ensuring a secure and efficient process that complies with regulatory requirements. The NFC chip allows us to validate your details remotely, giving us confidence in the authenticity of your documents and enhancing security throughout the application process.
  2. Signed Loan Agreement – Once your application is approved and your identity has been verified, we will send you a loan agreement to review. This document outlines the terms and conditions of the loan, including repayment schedules, interest rates, and any applicable fees. You will need to carefully read through the agreement and e-sign it to confirm your acceptance of the terms.
  3. Completed Direct Debit Form – To set up automatic monthly payments, we will send you a link to a Direct Debit form. You will need to complete this form to authorise your bank to make the agreed payments towards your loan. This ensures a smooth and consistent repayment process without the need for manual intervention, making managing your loan easier and more convenient.

Once all these steps are completed, we will be able to proceed with releasing the funds to your approved bank account.

Updated on 7 April 2025