Welcome

Before commencing your Loan application, please refer to the information below. Please note you do not have to be an existing Broken Hill Community Credit Union member to apply.

Eligibility

Please continue to apply if you answer YES to all of the below:

• You are 18 years of age or over;
• You are a permanent resident of Australia; and
• There are no more than two people making this application.

You should contact us to discuss your circumstances before you apply if:

• You answered NO to any of the above;
• You are self employed; or
• The loan application is for business purposes.

What you need

Thank you for your loan enquiry. Please ensure you have completed all relevant fields of the application form. Based on the information you provide in your application, we will attempt to provide you with an answer, subject to confirmation of your details. To assist us in assessing your application we may require confirmation of any of the following items that are relevant to your situation.

Please note: You may lodge your application without this information, however we may not be able to formalise our decision on your application without this confirmation.

Proof of Income

If you are an employee, we will need a copy of your last two pay slips or a letter from your employer showing your length of service and your base rate of pay.

For Centrelink recipients or those who receive a Pension, please provide us with a statement of entitlement from the appropriate organisation.

eg.

• Age Pension – Centrelink
• War Veteran – Department of Veterans Affairs

If you are self employed, please contact us so we can advise you of the documentation we will require.

Details of your Assets

We may require documentary evidence of your asset values and savings records.

eg.

• Statement of savings accounts for all accounts except your Broken Hill Credit Union Ltd savings accounts (last 3 months if possible)
• Evidence of shares or other deposits
• Copy of water or council rates notice
• Evidence of superannuation

Details of your Liabilities

You will need to provide us with accurate details of ALL your liabilities, including loans, rental agreements and credit cards/store accounts. The last statement of the account will be sufficient. Please note, if the purpose of the loan is for debt consolidation or refinance then a minimum of 3 months account history will be required.

Details of your Deposit

We will require details of how you are funding any difference between the purchase price of the property and the loan for which you are applying. Evidence of this deposit will be required.

Details of House contract

If you have signed a contract please provide us with:

• a copy of the contract to purchase
• where a house is yet to be built, copies of the building plans and specifications, your building contract and building schedule

Details of Motor Vehicle purchase

If you have signed a sales contract with a dealer, please provide a copy.

Important Privacy Information

When you complete this application form you will be giving us personal information. By submitting it you acknowledge that The Broken Hill Community Credit Union Ltd needs to:

• collect personal information from you and other sources; and
• obtain your agreement in relation to handling this personal information.

You must read the Privacy Protection of Information and Privacy Statement before applying.

 Yes, I have read the Privacy Protection of Information and Privacy Statement

Comparison Rate

Here are our Comparison Rate Schedules, enabling you to see the true cost of a loan, clarify your choice, and more easily compare lending products.

Please Note: For joint applications it is understood if you continue that both parties acknowledged Privacy Information and Comparison Rates.