{
  "service": "Creditcrest Apply",
  "version": "1.0.0",
  "not_a_decision": "This records which questions an applicant was asked and what they answered, and sets what they declared beside what their account shows. It does not decide whether the inquiries were reasonable, verify the answers, or decide whether to lend: those are the licensee’s. Creditcrest Technologies is not a credit provider, is not a credit assistance provider, and does not hold an Australian credit licence. Its software produces evidence; the licensee makes the decision.",
  "stores": "nothing",
  "kinds": {
    "sacc": {
      "label": "Small amount credit contract",
      "regulated": true
    },
    "macc": {
      "label": "Medium amount credit contract",
      "regulated": true
    },
    "personal": {
      "label": "Unsecured personal loan",
      "regulated": true
    },
    "car": {
      "label": "Secured car loan",
      "regulated": true
    },
    "mortgage": {
      "label": "Home loan",
      "regulated": true
    },
    "business": {
      "label": "Business loan",
      "regulated": false
    }
  },
  "topics": {
    "purpose": {
      "label": "What the credit is for",
      "part": "requirements and objectives",
      "cite": "National Credit Act s 130(1)(a)",
      "requiredFor": [
        "sacc",
        "macc",
        "personal",
        "car",
        "mortgage",
        "business"
      ],
      "why": "The purpose is the first requirement and objective, and it decides whether the Code applies at all (Code s 5 and s 13)."
    },
    "amount": {
      "label": "How much is wanted",
      "part": "requirements and objectives",
      "cite": "National Credit Act s 130(1)(a)",
      "requiredFor": [
        "sacc",
        "macc",
        "personal",
        "car",
        "mortgage"
      ],
      "why": "A contract for more than the consumer asked for, or needs, does not meet their requirements."
    },
    "term": {
      "label": "Over how long, and how often repayments suit",
      "part": "requirements and objectives",
      "cite": "National Credit Act s 130(1)(a)",
      "requiredFor": [
        "sacc",
        "macc",
        "personal",
        "car",
        "mortgage"
      ],
      "why": "The term and the repayment rhythm decide the repayment, and a rhythm that does not match the pay cycle is how arrears start."
    },
    "features": {
      "label": "Features wanted or to be avoided",
      "part": "requirements and objectives",
      "cite": "National Credit Act s 130(1)(a)",
      "requiredFor": [
        "sacc",
        "macc",
        "personal",
        "car",
        "mortgage"
      ],
      "why": "A consumer who expects to repay early, or needs repayments fixed, has a requirement a contract can fail."
    },
    "income": {
      "label": "Income — amount, how often, where from",
      "part": "financial situation",
      "cite": "National Credit Act s 130(1)(b)",
      "requiredFor": [
        "sacc",
        "macc",
        "personal",
        "car",
        "mortgage"
      ],
      "why": "What the repayments are paid from."
    },
    "employment": {
      "label": "Employment and how settled it is",
      "part": "financial situation",
      "cite": "National Credit Act s 130(1)(b)",
      "requiredFor": [
        "sacc",
        "macc",
        "personal",
        "car",
        "mortgage"
      ],
      "why": "Casual, contract and new employment make the same income a different figure to rely on."
    },
    "housing": {
      "label": "Housing and what it costs",
      "part": "financial situation",
      "cite": "National Credit Act s 130(1)(b)",
      "requiredFor": [
        "sacc",
        "macc",
        "personal",
        "car",
        "mortgage"
      ],
      "why": "Usually the largest commitment, and one the statement may not show when it is paid in cash or from another account."
    },
    "living_expenses": {
      "label": "Living expenses",
      "part": "financial situation",
      "cite": "National Credit Act s 130(1)(b)",
      "requiredFor": [
        "sacc",
        "macc",
        "personal",
        "car",
        "mortgage"
      ],
      "why": "What the household spends to live, which a benchmark estimates and only the applicant knows."
    },
    "existing_credit": {
      "label": "Other credit — repayments, limits, arrears",
      "part": "financial situation",
      "cite": "National Credit Act s 130(1)(b)",
      "requiredFor": [
        "sacc",
        "macc",
        "personal",
        "car",
        "mortgage"
      ],
      "why": "Existing repayments come first, and a credit card limit is a commitment whether or not it is drawn."
    },
    "other_commitments": {
      "label": "Other commitments — child support, court orders, school fees",
      "part": "financial situation",
      "cite": "National Credit Act s 130(1)(b)",
      "requiredFor": [
        "sacc",
        "macc",
        "personal",
        "car",
        "mortgage"
      ],
      "why": "Payments that are owed rather than chosen, and are often paid from somewhere the statement does not show."
    },
    "household": {
      "label": "Household and dependants",
      "part": "financial situation",
      "cite": "National Credit Act s 130(1)(b)",
      "requiredFor": [
        "sacc",
        "macc",
        "personal",
        "car",
        "mortgage"
      ],
      "why": "The same income feeds one person or five, and every obligation the household has is part of what the new one is paid beside."
    },
    "assets": {
      "label": "Assets and savings",
      "part": "financial situation",
      "cite": "National Credit Act s 130(1)(b)",
      "requiredFor": [
        "car",
        "mortgage"
      ],
      "why": "On a secured loan the asset is part of the contract; savings are what a household falls back on."
    },
    "foreseeable_changes": {
      "label": "Changes that are reasonably foreseeable",
      "part": "financial situation",
      "cite": "National Credit Act s 130(1)(b)",
      "requiredFor": [
        "sacc",
        "macc",
        "personal",
        "car",
        "mortgage"
      ],
      "why": "The “ongoing” half of a financial situation: a job ending, parental leave, retirement, a fixed rate or a lease running out. A bank statement records the past and cannot show any of it; only a question can."
    },
    "other_small_amount": {
      "label": "Other small amount credit — defaults, and how many in 90 days",
      "part": "financial situation",
      "cite": "National Credit Act s 130(1)(b)",
      "requiredFor": [],
      "why": "No longer prescribed. Being in default on another small amount contract, or having had two or more in 90 days, raised a presumption of unsuitability under s 131(3A) until 12 June 2023; it was repealed and nothing in the Regulations replaced it (RG 209.152 still describes it and is out of date). Repeat small amount borrowing is still a fact bearing on s 131(2)(a), so the standard form asks, and a lender may drop it without an exception."
    }
  },
  "questions": 46,
  "endpoints": {
    "GET /v1/apply/form?kind=": "the standard form for a kind of credit, and its coverage",
    "POST /v1/apply/customise": "{kind | form, add?, remove?, modify?, version, key?} — a lender’s form from a base",
    "POST /v1/apply/coverage": "{form, kind} — which topics the form covers, and which required ones it does not",
    "POST /v1/apply/publish": "{form, kind, on, exceptions?, approvers?} — refused while a required topic is unasked without an approved exception",
    "POST /v1/apply/record": "{form | kind, kind, answers, submittedAt?, channel?, reference?, published?, transactions? | reading?} — the sealed reasonable inquiries record"
  }
}