Compare personal loan structures through a broker-led process. We explain affordability, credit enquiry, documents, fees and total repayment before you decide whether a formal lender application makes sense.
Initial discussion and assessment only. A formal lender enquiry occurs only with your consent.
No asset is taken as specific security, so pricing and eligibility reflect the higher lender risk.
An eligible asset may support the loan, subject to valuation and lender policy.
Estimate repayments under assumed inputs before discussing a formal application.
Use the calculator →See the common identity, income, expense, debt and purpose information that may be needed before a lender assessment.
Open the checklist →Review affordability, application details, credit information and lender fit before deciding whether to apply again.
Read the next steps →Lenders verify income, expenses, current repayments, dependants, credit history and the proposed purpose. They must make reasonable inquiries and verify that the credit is not unsuitable.
If you have non-standard income, a previous decline, past credit issues or several recent applications, the order of operations matters. Start by checking the facts, understanding the likely assessment issue and preparing the documents that support your position.
That does not guarantee approval. It can reduce avoidable applications to lenders whose policy is a poor fit.
Understand the application first, then choose whether to proceed.
Tell us what the loan is for, how much you need and the timing.
We consider income type, living expenses, existing debts, credit history and the purpose before selecting a lender pathway.
We organise the information and lender-specific documents needed for the selected pathway.
A formal lender application and credit enquiry occur only if you decide to proceed and give consent.
A lender application will usually check your credit. A first broker chat does not need one.
Potentially, if the new loan is affordable and improves the overall position. Compare total cost and avoid rebuilding balances on cleared accounts.
It depends on verified income, living expenses, existing debt, credit history and lender policy. There is no reliable amount based on income alone.
No. The lender makes the decision after completing its assessment and verification.
Common requirements include identification, recent income evidence, bank statements, details of living expenses and existing debts, and information about the loan purpose. Use the personal loan document checklist before applying.
Do not assume another lender will automatically approve the same application. Check the decline reason where available, your credit information, affordability and application details before deciding whether another formal application is appropriate. See personal loan declined: what next?
Tell us the purpose, amount and your circumstances. GPS Finance can discuss possible lender fit before you decide whether to make a formal application.