Connecting your bank account(s) to Beforepay helps us determine what loan options might be available for you. It also unlocks your access to our free budgeting tool and spending insights dashboard.
Here's what happens behind the scenes.
1. How we figure out what you can borrow
Instead of pulling credit scores or making you fill out lengthy paperwork, our system takes a quick look at your recent income and regular expenses. We use this history to determine what loan options might be available to you, and also calculate a loan amount that fits your actual budget.
2. How the budgeting and insights tools work
Once your account is connected, our smart tools can organise your expenses into clear spending categories. This gives you a snapshot view of where your money goes every month, making it easier to track your habits and save—all without you having to log transactions manually.
3. What we can (and can't) see
Your security is our top priority. We use the same encryption levels as major banks.
What we do: We get a secure, view-only snapshot of your transaction history. Think of it like showing us a paper bank statement.
What we can't do: We can never see your password, log in as you, make changes to your account, or move any of your money.
4. You remain in control
This connection is entirely on your terms. If you ever change your mind, you can safely disconnect your bank account instantly right from your app settings. We don't keep access if you don't want us to.
Still have questions? Contact support@beforepay.com.au