NOW Finance accepts the following additional incomes:
NOW Finance will utilise the following incomes up to or equal to 100% of the confirmed PAYG income, or the self-employed income, or Workcover income.
For example, if an applicant earns $3,000 net per month from their employment, an amount of up to $3,000 maximum of Centrelink and/ or Child Support can also be used in income calculations.
Age Pension:
- Latest Centrelink statement
- 90-day bank statements showing Centrelink income - Required for Tier 3 and Tier 4 customers only.
Carer's Payment & Allowance:
- Latest Centrelink statement
- 90-day bank statements showing Centrelink income - Required for Tier 3 and Tier 4 customers only.
Child Care Benefit:
- Latest Centrelink statement
- 90-day bank statements showing Centrelink income - Required for Tier 3 and Tier 4 customers only.
Disability Support Pension:
- Latest Centrelink statement
- 90-day bank statements showing Centrelink income - Required for Tier 3 and Tier 4 customers only.
Family Tax Benefit Part A:
- Latest Centrelink statement
- 90-day bank statements showing Centrelink income - Required for Tier 3 and Tier 4 customers only.
Family Tax Benefit Part B:
- Latest Centrelink statement
- 90-day bank statements showing Centrelink income - Required for Tier 3 and Tier 4 customers only.
Parenting Payment:
- Latest Centrelink statement
- 90-day bank statements showing Centrelink income - Required for Tier 3 and Tier 4 customers only.
Rental Allowance:
- Latest Centrelink statement
- 90-day bank statements showing Centrelink income - Required for Tier 3 and Tier 4 customers only.
Child Support (Maintenance):
- Latest Child Support statement
- 90-day bank statements showing child support payments
Other Accepted Incomes and document requirements:
Workcover/Workers Compensation Payments:
- Workers' compensation documentation confirming start date and income
- 90-day bank statements showing workers compensation payments. Required for Tier 3 and Tier 4 customers only.
- Confirmation from the employer that the customer’s position will be available once the customer has recovered
Important: NOW Finance does not consider annual bonus income