Guides Loans
How the application cascade works
One application, several banks — one at a time and only with your consent.
By Hamematir editorial teamPublished Oct 09, 2026Reviewed Oct 09, 20261 min read
What is the cascade?
You fill in one application. We send it to only one bank at a time, in a published order.
The steps
- You choose the loan type, amount and term.
- We check which partner banks offer matching terms.
- The first matching bank receives the application and has a fixed time to decide.
- If the bank declines or does not answer in time, the application moves to the next bank.
- When a bank approves, you see the offer and decide yourself whether to accept it.
What we do not do
- We do not guarantee approval and never decide on behalf of a bank.
- Your data is not shared with banks that are not listed for the category.
- You can withdraw your consent at any time; in-progress applications are then cancelled.
Deadlines
Every bank has a decision deadline. When it passes, we ask that bank to cancel the application and only then move on to the next one.