Not necessarily. Your approval is evaluated fresh for each product — it could go up, down, or stay similar.
What changes between products:
Eligibility rules differ by product (rent, mortgage, car loan). Each has its own underwriting logic.
The bill amount is different. A $2,000 rent and a $400 car payment trigger different approval math even with the same percentage.
Risk patterns vary. Different lenders and landlords have different patterns of late payments, returns, etc. — and our system accounts for that.
What stays the same:
The 50/50 maximum split (your second payment is never more than half the total)
The 5% growth path (your second payment grows 5% each month you pay on time)
The general approval philosophy (we look at your financial profile, deposit consistency, payment history)
What helps your approval on the new product:
On-time payments on your previous Split Pay split
A clean financial profile (consistent deposits, positive balance, etc.)
Completed splits showing reliability
What hurts:
Late or missed payments on your previous split
A balance that went to collections
Recent overdrafts or financial instability
Worth knowing:
Even if your approval on the new product is lower than your previous one, you still benefit from the 5% growth path — you'll grow toward 50/50 over time as you pay on time
If you're not happy with the new approval, you don't have to use it. You can wait and reapply later or stick with paying in full from cash.
If you've got a specific situation in mind, get in touch and we can talk through what to expect.