Get Instant Insights on Your Loan Approval Chances
Use our loan approval calculator to check how likely you are to be approved for a personal loan. Skip the guesswork and focus on the loans that work best for you.
How it works
Tell us about yourself.
Answer a few quick questions in under a minute. Your details are kept safe with us.
We crunch your numbers
We’ll review your responses and assess your eligibility using our proprietary.
View Your Approval Scores
Check your likelihood of approval and focus on the loans that suit you best.
Get Personalized Results in 2 Minutes
Get matched with loans that fit your needs. Our tool finds tailored options based on your unique profile.
What do the score categories mean?
With a high approval chance, you can feel confident moving forward with this loan application. This score suggests that you’re well-qualified, making this loan a great option to consider.
You stand a good chance of approval. While some additional checks may be required, you’re still in a favorable position to apply. Proceeding with this loan could be a good option, especially if you’re prepared for a bit more review in the process.
Your application may need closer evaluation by the lender. To improve your chances, consider adjusting your loan amount or tenure, or explore other lenders who may better match your profile.
Disclaimer
The loan approval calculator provides an estimate, not a guarantee. Approval chances may vary if you adjust the loan amount or tenure. For detailed guidance, we recommend consulting a qualified loan officer.
All personal loans are subject to the lender's approval. Loan terms, conditions, and interest rates depend on your creditworthiness and the lending criteria of the company. Approval is not guaranteed, and additional documentation may be required.
Privacy Assurance
At MoneySmart, we maintain strict compliance with data protection regulations, safeguarding all customer information obtained from your inputs. Our tool is designed with robust privacy measures to protect your data throughout the process.
Frequently Asked Questions
How accurate is the loan approval calculator?
- The loan approval calculator estimates your likelihood of approval based on the answers you provide. Its accuracy depends on the information you input. Use it as an indicator of your chances with loan providers, but remember that they can change their criteria at any time without notice.
What is the benefit of estimating the likelihood of loan approval?
- Estimating your likelihood of loan approval helps you focus on providers where you're more likely to get approved, allowing you to make informed and strategic application decisions.
What should I do if my approval are low?
- Don’t be discouraged! A low chance of approval often means your application needs further review by a loan officer, and you may need to provide additional supporting documents. You can still apply.
Can I use the calculator multiple times?
- Absolutely! You can use the calculator as often as you like. However, if your answers, loan filter fields (such as loan tenure, citizenship status, monthly income), or the lender's criteria remain unchanged, the results will be the same each time you use the calculator.
