Every application will require the following, up to date supporting documentation, which must either be faxed through to the office with your Business Partner code clearly indicated on every page or uploaded via the online system below.
Along with the fully completed online application form you would need to submit the following:
- Latest 3 months over the counter stamped bank statements (no internet, emailed or posted bank statements), must reflect 3 months salary
- Latest 3 months official pay slips
- Proof of residence, utility bill or municipality letter not older than 3 months
- Certified original copy of a South African I.D document
- Certified original copy of a South African drivers License
Applications without clear up to date supporting documentation will be terminated without further communication, so please ensure that the step by step process below is followed to ensure the speedy process of your applications.
Qualification of Client
Based on the credit providers affordability test, application and credit scoring criteria, the client will be approved or declined. Notice of this will be sent to the client directly by the service provider as well as to the Ubuntu Connect Business Partner.
Clients listed on ITC may be accepted ( on a rent to own basis), provided they meet the following minimum criteria:
- They must have a clear payment history over the last 3 months
- There Nett Salary must be equal or more than R6500.
- Any ITC listing must be older than 3 months
- They must be able to afford the vehicle repayments
- They must have the applicable deposit available (R12 000 to R 60 000)
- They must not be sequestrated, under administration or under debt review.
Clients that have applied for sequestration, are under administration or are under debt review will be assisted with vehicles on a rent to own basis, however we cannot assist these clients with private vehicle finance, so please focus your time, attention and money on finding quality clients that more than likely will meet the approval criteria.