Bank Statements

We’ve made loan applications easier and more convenient for you!  We’ve introduced an easy-to-use and free service called Credit Sense, this will allow you to provide your bank statements online. It means processing will be more efficient and you’ll get a decision quicker than ever.

When you apply for a Cash Loan with Finance District you will be offered this free service.

  • Why do you ask for my internet-banking details?

By inputting your details we are able to view your bank account history via Credit Sense. This helps us make our lending decisions quickly, and assess what types of loans are affordable and sustainable for you. As a responsible broker, it is important for us to verify your incomings and outgoings. Ultimately, this will help us ensure that the loan is not unsuitable for you and you can make the repayments due under the loan. We may use future transaction information to quickly assess your future loan applications. are only permitted a read-only access to your current account, so we will only ever be able to view the recent transactions on your account. Your bank details are encrypted using 256-bit encryption with 2048-bit keys. We do not have the ability to change any of your banking details, set up direct debits or to manage your account in any other way. All data is securely handled in accordance with the Privacy Act.

  • Who sees my internet banking log-in details?

No person can access your internet banking details. When you enter your banking credentials on our website they are immediately encrypted and not stored at all on our website.
The encrypted details are then passed to Credit Sense which are used only to generate a read-only data-feed of your bank statements, this history will be used to assess the affordability of the loan for you.

  • What happens to my internet banking details after I input them on your website?

As an organisation, security of data and prevention of fraud are fundamental to us. We are committed to using practices to ensure that our services are provided within a secure environment. Your internet banking details are encrypted and never stored!  Our partner, and us, are permitted read-only access to your current account, so we will only ever be able to view your bank statements. We do not have the ability to change any of your banking details or set up standing orders/direct debits.

  • What happens to the bank statements you obtain?

They will be used to make lending decisions about you and stored by us as long as necessary to assist us in managing your credit and assessing future applications for credit. Your bank statements will be stored by who may use, disclose, sell, license, reproduce or distribute your Data and Transaction Information in statistical and aggregate form that does not contain your Personal Information.

  • What will my bank say about me inputting my log-in details into your website?

We would recommend that you review the Terms and Conditions of your internet banking provider. Before you decide to submit your baking credentials, we would stress that security is of paramount importance, we would like to especially mention that:

Your data is encrypted in transit via Credit Sense.
We do not have any functionality over your bank account or login details.

However, you understand that allowing to access your Transaction History is at your sole risk. As a result of you providing your internet banking details to a third party account aggregation service, you may become liable under your bank’s rules for any subsequent unauthorised transaction that occurs to your bank account.

  • Do I have a choice to not provide my internet banking details?

For Small Cash Loans you'll need to use this option or you can apply for Personal Loan instead which also provides a larger loan amount, however applying for a Personal Loan will take longer to apply for and to recieve the money you need, this is due to more manual work processes involved.

  • Who should I speak to if I have questions?

If you have questions or concerns please contact us via our website on our Contact Page. Alternatively, you may contact for anything relating to Credit Sense.