Consumer credit insurance can be offered with personal loans, credit cards and some mortgages, but it is optional. Treat loan approval and insurance as two separate decisions.

Australia had 2,814,778 actively trading businesses at 30 June 2026. Trading status is a statistic; a finance application still needs current cash-flow and repayment evidence.

For an APRA-regulated bank, the assessment rate can be at least 3 percentage points above the loan rate. That buffer tests repayment capacity; it is not the rate you pay.