Knocked Back by Your Bank?

Common reasons: insufficient income or borrowing capacity, recent credit enquiries, defaults or late payments, casual or contract employment, low deposit, recent job change, or simply policy fit (e.g. self-employed at a bank that prefers PAYG). The decline letter usually tells you the category but not the lender's actual reasoning. We can usually identify the real reason in 10 minutes.

There's no mandatory cooling-off period, but multiple applications in a short window damage your credit score. We pre-qualify you across our specialist panel without formally applying first, so you're not adding more enquiries before we identify the right lender.

Each new application creates a credit enquiry that can dip your score 5-15 points temporarily. Beyond that, having a specialist loan on your file doesn't materially hurt your score. After 12-24 months of clean conduct on the specialist loan we typically refinance you to a mainstream rate.

Depends on which tier you fit. Near-prime borrowers (one minor issue, otherwise strong): 0.3%-0.8% above mainstream. Mid-specialist (multiple events or significant complexity): 1%-1.5% above. Full specialist (recent bankruptcy, very recent defaults): 1.5%-2.5% above. We get you the best tier you qualify for.

Yes — they're already on your credit file and the lender will see them. The right thing is to tell us upfront so we can match you to the correct lender. Trying to hide a default and getting caught at the credit check stage is both pointless and damaging. Honesty up front saves time.