Free guides

Nurses and shift workers

What lenders look at before approving a nurse's car loan

Penalty rates can be a big part of what you earn. Here is how to make sure a lender sees them.

  1. 1Bring payslips that show the patternOne payslip shows one roster. Three or more show the penalty rates and overtime you usually earn, which is what a lender wants to see.
  2. 2Separate base pay from loadingsSome lenders count shift loadings and overtime in full, some count part of it, some count none. Knowing your split lets you ask the right question.
  3. 3
  4. 4
  5. 5

Read the rest, and get a copy by email

We send the guide once. We will not call unless you ask us to.

By continuing you agree to our Privacy Policy. DPC Broker Pty Ltd trading as Simple Loans, ACL 509582.

More guides

Anyone about to applyBefore you apply anywhere: 6 checks that protect your credit fileSelf-employed and ABN holdersSelf-employed? The documents lenders ask for firstPeople with a default or past credit issuesCar finance after a default: what changes a lender's answer