Anyone about to apply
Free guide for 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.
General information only. Australian Credit Licence 509582.
- 50+ lender panelBanks and specialist lenders
- FBAA memberFinance Brokers Association
- AFCA memberFree, independent dispute resolution
- No upfront assessment feeLender fees may apply.
Free guide for nurses and shift workers
What should you have sorted before you apply?
Work through each point in order. Every one is something you can check or prepare yourself.
- 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.
- 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
- 4
- 5
More guides
Is there a guide closer to your situation?
Short checklists written for other kinds of borrowers.
Self-employed and ABN holders
Self-employed? The documents lenders ask for first
People with a default or past credit issues