Bankstatements.com.au saw an opportunity, to make the process easy for the customer to send the finance company bank statements, and to give the finance company confidence that what they were being sent was the right information.
At first the idea seemed ludicrous, as one could imagine, "You mean I'm going to let some finance company access my bank account to get statements? stuff that! I'm not hand over my password!". and after public awareness that the system doesn't do that, and with bank level security on their systems, The banks are more than happy to allow such a service transmit data.
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FAQ on Bank Statements
We Vouch For Bank Statements.com.au
As Financial Service Providers, The Auckland Loan Company (and brands) is bound, by the responsible lending code, to make inquiries about the applicant’s personal situations and be satisfied that the finance products being offered are both affordable and appropriate for the applicant. ‘Bank Statements’ assists The Auckland Loan Company to comply with these obligations to their potential customers required by law under the Credit Contracts and Consumer Finance Act 2003.
Talc Ltd T/A The Auckland Loan Company is a registered financial service provider (FSP 376566) and declares that ‘Bank Statements’ is a safe and secure service to use, and that no information of your banking details are stored, used, or given access for anything other than the explicit instructions of retrieving your 90 days Bank statements from the accounts you nominate. To learn more about the Bank Statements service please visit www.bankstatements.com.au.