Broker monthly | June 2025
Our updated Personal loan auto-approval processes and expanded consumer automotive refinance policy are designed to save you time, reduce friction, and make it easier to get deals approved.
Auto-approvals just got even better
We’ve made some changes to improve our personal loan auto-approval feature. Debt consolidation purpose loans are now eligible for full auto-approvals.
This means you can secure even faster savings for your customers. Reach out to our team if you want to learn more about auto-approvals.
Automotive loan policy improvements
Over the last few months, we’ve been working behind the scenes to improve our consumer automotive loan product. Check them below:
- New higher refinance limits: We’ve increased our maximum refinance rate from 16% to 20%. More clients are now eligible, helping you deliver better outcomes with improved criteria.
- Expanded refinance criteria: To help you support more customers across both consumer and commercial loans, including Tier 3 consumer refinances (previously only available on commercial automotive loans)
- No inspections for refinances or private sales over $65K: We’ve removed the need for mechanical inspections or service receipts to reduce friction, cut back-and-forth, and help your clients hit the road faster.
Register for the webinar: Make the most of Plenti Refi
Want to make the most of the updated automotive refinance criteria? Join our upcoming 15-minute webinar to learn everything you need to know.
Date:
Friday 18 July 2025
Time:
11:00 AM AEST
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