Refinance

How does topping up my loan work?

Looking for a little more, to change a lot? 

A loan top up allows approved applicants to efficiently and easily borrow additional funds. 

This additional amount will be consolidated into the existing loan, with one monthly repayment.

To find out if you are eligible for a top up, login to your Plenti account and visit the ‘Top up your loan’ section on your summary page. You’ll arrive at this page.

Applying for a top up is simple and 100% online.
To process your top up request, you will need to 

  • 1. Confirm some information about your current financial circumstances
  • 2. Provide a copy of your latest bank statement

We will then perform an up to date credit check.  Getting an accurate picture of your most recent financial position helps us ensure we offer you the best possible rate on your top up.

Plenti will provide you with an outcome, and if successful we will invite you to accept your new loan contract. The new loan contract will cover the balance of your existing loan combined with the new top up amount.