We are all about responsible lending here at Fupay and in order to access Fupay Funds you will need to successfully meet our lending criteria.

1. Your Identity

• Be over the age of 18
• Pass our KYC and identity verification checks

2. Regular Income

Regular income deposits into your bank account.

What is regular income?
Income is recognised as any form of payment that comes from an employer or reputable organisation. Our system needs to be able to detect the same or similiar income payments falling within regular and consistent time periods i.e. weekly, fortnightly or monthly payments.

Please note that transfers or deposits from family or friends is not considered regular income.

3. Positive Financial Behaviours

Your bank account transaction data allows us to better understand your current cash flow position. We look at things like whether your nominated bank account has had a positive balance leftover on any given day and transaction data available in relation to the management of your account and existing financial commitments.

We also consider any previous payment history with us and any negative financial behaviours, such as regular or excessive gambling, reversals, payment dishonours and direct debit returns.

4. Affordability

Based on the amount of money you wish to borrow we also need to be able to see that you can afford to pay us back. We do this by looking at how much money has been leftover in your bank account previously to validate if we feel you can service the repayments.

It is important to note that the final decision to lend to any customer is at the sole discretion of Fupay.

Don't meet the criteria right now?

If you don’t meet the criteria above right now, that’s totally ok we get it. You can keep using our Money Management features and, whilst you may not be eligible for Fupay Funds at the moment, this can change in the future as the transaction data from your bank account changes over time.

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