Quick Check is a free 2-minute pre-qualifier from NIK Finance. You answer about 10 questions on the loan, your job, income, residency and credit history, and it tells you whether you look like a match for mainstream lenders or specialist lenders, or whether to talk to a broker before applying. It never checks your credit file. A licensed broker then follows up with real rates from our 130+ lender panel.
Takes about 2 minutes. No credit check.
Your answers put you in one of four groups. Each one comes with the reasons behind it, so you can see exactly what a lender will focus on.
Every answer fits mainstream lender policy: steady income, clean credit, citizen or permanent resident, and a comfortable deposit or loan size. This is where the sharpest rates are.
You fit mainstream lenders, with one or two things they will ask about, such as a few late payments or a deposit under 20%.
At least one answer, such as paid defaults, a temporary visa or under 2 years self-employed, points to lenders who specialise in that situation. They approve these files every day.
Unpaid defaults, bankruptcy, no current income or a deposit under 5% need a plan before any application, so you do not collect credit enquiries without an approval.
Each Quick Check asks one question specific to the loan, then the same core questions about you.
New or used, dealer or private sale. Start the car loan Quick Check.
Works out your LVR from the price and deposit. Start the home loan Quick Check.
Uses your balance and property value. Start the refinance Quick Check.
Debt consolidation, renovations and more. Start the personal loan Quick Check.
Vehicles, equipment and working capital. Start the business loan Quick Check.
| Question | Why it matters to a lender |
|---|---|
| How you earn your income | Permanent, casual, contract and self-employed income are assessed differently, and each has its own minimum history. |
| Time in your job or business | Most lenders want you past probation, around 12 months for casual or contract work, and 2 years for self-employed. |
| Yearly income | Lenders test whether repayments are affordable, and look harder when the loan is large compared with income. |
| Living situation | Property owners often get lower rates on car, personal and business loans. |
| Residency | Citizens and permanent residents can access the full panel. Visa holders have a smaller pool. |
| Credit history | Defaults, bankruptcy and hardship decide which lenders will consider you at all. |
Personal, car and business loan rates depend on your credit score and each lender’s own scorecard, which needs a credit check. Home loan rates depend on the lender’s assessment of your file. A rate quoted from self-reported answers would often be wrong, so the Quick Check tells you which part of the market fits you, and your broker confirms the actual rate with you before anything is lodged.
No. The Quick Check only uses the answers you give. Nothing is sent to a credit bureau or a lender. A credit enquiry only happens later, if you choose to apply with a lender your broker recommends.
No. It is general information based on what you told us. Only a lender can approve a loan, after assessing your documents and credit file. The Quick Check shows which lenders are likely to fit so you apply in the right place first.
Yes. The Quick Check and the broker follow-up are free. NIK Finance is paid by the lender if you take out a loan, and any fees are disclosed before you apply.
A licensed broker reviews your answers and calls you, usually within 2 business hours, to confirm which lenders fit and what your rate could be. Nothing goes to a lender without your OK.
The Quick Check takes 2 minutes and tells you which part of the lending market fits you. The Kreddi Score is a fuller financial health check, scored out of 1,000 across credit, debt, assets, cash flow and borrowing power, with personalised recommendations.
Answer a few quick questions, see how lenders are likely to view you, and get a broker’s call back with real options. No credit check.
NIK Finance Pty Ltd (ACN 685 393 917) is a Credit Representative (567387) of Finsure Finance & Insurance Pty Ltd (Australian Credit Licence 384704). This page is general information only and does not constitute financial advice. Consider your personal circumstances and speak with a licensed broker before applying for credit.