Credit Profile Policy
Credit scores, repayment history, enquiries and previous credit issues can influence lender selection — but a single score or past event does not always determine the outcome.
This page provides general guidance about common lender considerations. Credit criteria and lender appetite vary and may change without notice. Run the client's scenario with Yes Approved for a current assessment.
A credit issue doesn't always mean no.
Different lenders can take very different approaches to the same credit profile.
Lower Credit Score
Credit score is important, but lender scorecards and risk appetite vary across the market.
Explore credit scores →Multiple Enquiries
Several recent credit enquiries may affect lender selection, but don't automatically prevent finance.
Explore enquiries →Defaults
Paid and unpaid defaults can be treated differently depending on amount, age, type and lender.
Explore defaults →Late Repayments
Recent repayment history can influence assessment, particularly where arrears are ongoing.
Explore repayments →Previous Hardship
Previous financial hardship may require additional context around what occurred and the client's current position.
Explore hardship →Specialist Credit
Selected specialist lenders may consider applicants who fall outside mainstream credit appetite.
Explore specialist credit →What can lenders consider?
A credit assessment normally involves more than simply reading the client's bureau score.
Credit history
Depending on lender and product, assessment may include:
- Credit score
- Recent credit enquiries
- Repayment history
- Defaults
- Previous arrears
- Previous hardship
Current circumstances
The client's present position can also influence the overall assessment.
- Current employment and income
- Existing credit commitments
- Loan amount
- Asset and loan structure
- Recent account conduct
- Explanation of previous credit events
Credit scenarios at a glance
General guidance to help identify when a client scenario may require broader lender assessment.
Avoid giving a client a definitive answer based solely on their credit score or a previous credit event. The same profile can produce very different outcomes across different lenders.
Let us look beyond the score.
Send us the client's circumstances and we can review the broader credit profile against available lender options and current policy.
Important information
Information contained in the Yes Approved Partner Policy Centre is general information only and is intended to assist referral partners in understanding common lending considerations and potential finance pathways.
It does not represent a complete statement of any lender's credit policy and should not be relied upon as confirmation that a particular applicant, asset, transaction or loan structure will qualify for finance.
Lender policies, credit criteria, rates, fees, product availability, documentation requirements and assessment processes are subject to change without notice. Lending criteria can also vary according to the applicant's individual circumstances, credit profile, loan purpose, asset, transaction structure and other factors.
All finance applications remain subject to lender eligibility requirements, credit assessment, verification, applicable responsible lending requirements and final lender approval.
Yes Approved does not guarantee that finance will be available or that an application will be approved based on information contained within the Partner Policy Centre.