Comparison
MyLoanBook vs Trail AI
Trail AI focuses on reconciling commission across lender portals and aggregator statements, with a broad set of lender guides and calculators. MyLoanBook reads aggregator statements and focuses on what to do with the result: clawback windows, review scheduling and a manual repricing workflow, with client communication expanding in stages. Both are Australian and built around the RCTI; Trail AI leans toward reconciliation breadth, MyLoanBook toward retention depth.
| Capability | MyLoanBook | Trail AI | Basis |
|---|---|---|---|
| Reconciles aggregator RCTI against records | Yes | Yes | Both read the statement and compare month to month. |
| Cross-checks lender portal data | No | Yes | Trail AI publishes per-lender portal guides and describes multi-source reconciliation. |
| Aggregator statement support | Yes | Partial | MyLoanBook supports multiple formats and adds an unrecognised statement layout within 24 hours through assisted onboarding. Trail AI lists AFG and Connective pages; check its current support. |
| Clawback window tracking | Yes | Partial | Both offer a clawback calculator; MyLoanBook tracks every loan's window in-app. |
| Review scheduling and reminders | Yes | No | Not described in Trail AI's public feature list at the time of review. |
| Repricing board and client communications | Partial | No | MyLoanBook has a manual repricing workflow and reusable email/native-phone SMS handoff; provider delivery and two-way communication are planned. Not described in Trail AI's public feature list at the time of review. |
| Book valuation | Yes | Yes | Both publish a valuation calculator; MyLoanBook values from the uploaded file. |
| Australian data residency | Yes | Yes | Both state Australian hosting; MyLoanBook adds row-level isolation between brokers. |
| Free in-browser analysis before signing up | Yes | No | MyLoanBook reads one LMG statement for a snapshot or compares two to find trail that stopped appearing, locally and with no account; not described on Trail AI's site at the time of review. |
Choose MyLoanBook if
- You want the retention workflow: who to call, what to reprice and whether the manual follow-up worked.
- You want a new aggregator statement layout added through assisted 24-hour setup.
- You want valuation and clawback exposure tracked on the real book, not just in a calculator.
Choose Trail AI if
- Reconciling lender portals against the aggregator statement is your main pain.
- You want immediate self-service for a format already listed by Trail AI.
- You want the widest set of lender reference material in one place.
Frequently asked questions
Are the calculators on both sites the same?
They cover similar ground. Ours publish the formula and assumptions on each page so you can check the maths; compare the outputs for your book.
Does MyLoanBook check lender portals?
No. It reads the aggregator statement, which is where the commission actually paid to you appears.
Which tool is better if I mostly want reconciliation?
If your main problem is proving that the aggregator paid what the lenders sent, a tool that cross-checks lender portals is built for that. If your main problem is clients leaving and clawbacks landing, the retention workflow matters more than the reconciliation depth.
Do both keep data in Australia?
Both state Australian hosting. MyLoanBook also isolates each broker's data at the database row level so one broker can never see another's clients.
Related
Last reviewed 15/09/2026 · Verified against lender material 05/09/2026
Sources: Trail AI website (accessed 05/09/2026), Trail AI guides (accessed 05/09/2026)