A respectful review without judgment
Clear explanations of possible lending paths
A longer-term approach to mortgage readiness
Understand your current position
Start by reviewing your credit reports, outstanding balances, missed payments, and any errors. Payment history and credit utilization are important, but every application is assessed as a whole.
Explore the options honestly
If a bank has declined your application, another lender may assess it differently. Alternative or private lending can have higher rates, fees, shorter terms, and stricter exit-planning needs.
Build a sustainable next step
Improving credit takes time. Consistent payments, manageable balances, correcting errors, and avoiding unnecessary new applications can support a stronger profile. No one can guarantee a score increase or approval.
Your questions, answered.
Does being declined by my bank mean no options remain?
Not necessarily. Different lenders have different criteria. Affordability, property equity, and the complete credit history still matter.
Can Lorika guarantee to repair my credit?
No. Credit outcomes depend on reporting, repayment behaviour, and time. Guidance is not a promise to remove accurate negative information.