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© Fiskil 2026. All rights reserved.
Lending
Affordability Check
Responsible lending requires accurate affordability assessment. Fiskil analyzes real banking transactions to calculate disposable income and determine sustainable loan amounts.
Self-reported expenses are unreliable, leading to loans that customers can't actually afford.
Customers underestimate their expenses on applications
No visibility into actual living costs and spending
Existing debt commitments are unreported or underreported
Manual expense verification is time-consuming
Loans approved beyond customer's true capacity to repay
Calculate true affordability by analyzing actual income, expenses, and existing commitments from bank transactions.
Automatically identify and calculate regular income from salary, benefits, and other sources.
Categorize and sum expenses across essential categories (housing, utilities, groceries, transport).
Identify existing loans, BNPL payments, rent, and recurring commitments.
Calculate true disposable income after all expenses and commitments.
Integrate automated affordability assessment into your loan decisioning.
Applicant authorizes access to banking data during loan application.
API analyzes 3-6 months of transactions to calculate income and expenses.
System calculates maximum affordable loan repayment based on disposable income.
Approve loan amount that fits within affordable repayment capacity.
Automatically identify and sum essential expenses like rent, utilities, groceries, and transport.
Detect all existing financial commitments including loans, BNPL, rent, and subscriptions.
Calculate average variable expenses with seasonality adjustments.
Determine monthly surplus available for loan repayments with safety buffers.
Model affordability under interest rate increases and income reductions.
Affordability reports meet responsible lending requirements under NCCP.
A lender uses affordability checks to determine maximum loan amounts customers can sustain.
Result: Reduced loan defaults by 35% through accurate affordability assessment.
A broker calculates borrowing capacity using real expense data instead of HEM benchmarks.
Result: More accurate pre-approvals reduced bank application rejections by 45%.
An auto lender verifies customers can afford car payments alongside existing commitments.
Result: Decreased early default rate from 8% to 3% with better affordability screening.
POST /affordability-checkGET /accounts/{accountId}/cash-flow-analysisGET /accounts/{accountId}/commitmentsPOST /affordability-reportMonthly income
Essential expenses
Discretionary expenses
Existing commitments
Disposable income
Maximum affordable repayment
OAuth 2.0 / CDR consent
Yes
Machine learning models trained on Australian spending patterns classify expenses into essential and discretionary categories.
Loans, mortgages, BNPL payments, rent, credit card repayments, subscriptions, and recurring bills are automatically identified.
3-6 months provides reliable affordability assessment accounting for normal variability and seasonal expenses.
Yes, the API can analyze variable income patterns for gig workers and calculate conservative income estimates.
Yes, affordability checks using actual banking data exceed NCCP requirements for income and expense verification.
We recommend leaving 15-20% buffer in disposable income calculations to account for unexpected expenses.
Yes, you can allow customers to provide additional context or documentation if they believe expenses are overstated.
Lending
Verify applicant income instantly using real bank transaction data. Fiskil's income verification API reduces loan processing time and improves accuracy.
Lending
Assess creditworthiness using real banking behavior. Make better lending decisions with cash flow analysis, spending patterns, and financial behavior insights.
Personal Finance
Help users manage and eliminate debt with intelligent tracking and optimisation. Identify debt obligations, calculate payoff timelines, and recommend repayment strategies.
Join hundreds of companies using Fiskil to power their lending applications. Get started today with our developer-friendly API.
Products
© Fiskil 2026. All rights reserved.