Pre-Qualifications.
1. Customer is an Australian Permanent Resident
2. Customer is 18 years of age or older
3. Customer is either;
3.1 Employed Full Time (minimum 25 hours per week)
3.2 Aged Pensioner (65+ years of age)
3.3 Veteran Affair’s Pensioner
HOME IMPROVEMENT INDUSTRIES ONLY;
1. Customer must be the home owner
Identification.
1. Australian Driver’s Licence, Aged Pension Card OR Veteran’s Card
(If the Pension Card does not have the word ‘Aged’ or ‘Veteran’s’, then it is NOT an Aged or Veteran’s Pension Card)
Direct debits. (repayments)
1. Credit Card
1.1 Credit Card is to be sighted by sales person and must have at least 6 months validity
1.2 Type, ID number and current expiry date MUST be listed
1.3 Deposit and repayments must be from the same Credit Card
1.4 Card holder and applicant MUST be the same person
2. Bank Account
2.1 Must be an Australian Bank Account
2.2 Must obtain the BSB and Account Number
2.3 Bank Account holder and applicant MUST be the same person
Repayment frequency.
1. All repayments by the customer to humm will be FORTNIGHTLY
2. Last pay date must be recorded
Fees & charges.
1. The customer will pay an Establishment or Additional Purchase Fee
2. The customer will pay a Monthly $8.00 Fee
3. These fees are NOT paid upfront, but over the duration of the loan
Employment details.
1. Must be employed in Australia
2. Employers trading name and contact number (Number MUST be a landline - 1300, 1800 or 131 etc
numbers are not acceptable)
3. Self Employed customer must provide their ABN
(Note: humm may contact the applicant’s employer to verify the applicant’s employment)
Verification call 1800 242 808.
1. EVERY purchase requires a verification call
2. You MUST copy A to G responses onto Credit Schedule (Do not manually calculate)
3. You MUST record the humm Verification Number on the Credit Schedule
Signatures.
The Credit Schedule MUST be signed by the customer whose name is on the purchase