There are a few steps to complete before a loan is paid out to you.
Before you get a loan quote, you’ll need to:
Securely share your digital bank statements so Evlo can understand your income and spending.
Alternatively, if you’re not able to share digital bank statements you may be asked to share printed copies of statements in person in your local branch.
If you’re provisionally accepted after this, you’ll speak to an account manager at Evlo. They’ll finalise the loan details with you, give you a quote, make sure that you’re able to afford the loan repayments and that you’re happy with the terms. After this, they’ll be able to pay the loan out to you.