The software that we use to retrieve your bank statements & Centrelink Income Statement is provided by Illion. Illion uses the same type of security and encryption that the major banks in Australia use. All data remains within Australia. The software is also independently tested by external security experts.
All lenders need your bank statements & Centrelink Income Statement in order to issue an approval. These statements are used to assess your income and expenses as well as your financial management.
Nope – we only receive a list of your transactions for the last 90 days plus a copy of your most recent Centrelink Income Statement. Your online banking credentials and MyGov log in information aren’t stored anywhere.
You don’t have to use the link, but 99% of our clients do. We prioritise applications that come with these electronic statements because the software automatically categorises your transactions for us and we can quickly see what your ongoing Centrelink income is.
The weekly repayments provided in all advertisements are estimates only, calculated on an example 22% interest rate across a 40-month loan term. The weekly repayments do not reflect your personal circumstances or any additional fees or charges that might apply. Factors such as (but not limited to) your credit history, current income and expenses, and the type of car purchased can influence the approved interest rate, loan term, and – hence – the weekly repayments. Note that advertised vehicles are examples of recently available stock and due to high turnover we are unable to guarantee that all vehicles will continue to be available. eMotor is not a finance broker and does not provide financial advice or credit facilities. We partner with Money Bro Pty Ltd (CAR 509959) an Authorised Credit Representative of QED Credit Services Pty Ltd, Australian credit licence number 387856. All applications are subject to the lender’s approval process, including – but not limited to – an assessment of affordability and suitability. If you have any questions or concerns you can call Money Bro on 1800 849 179 or email email@example.com.