WZR 3.70% 2.6¢ wisr limited

I’m trying to understanding what makes wisr so different to a...

  1. 121 Posts.
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    I’m trying to understanding what makes wisr so different to a brick mortar bank lender. 

    Apart from it it being app based and peer to peer. the loan process is the same right? 
    You still need to provide tax returns, payslips, etc  to get approved right?

    so why not just apply for the loan on westpac or Commbanks app or website?  
    Why would I use wisr?
 
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