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Warning to Borrowers: Unsecured personal loans
The following information is specific to unsecured personal loans.
Minimum period for repayment 6 months, maximum period 5 years.
The maximum Annual Percentage Rate (APR) including all fees and charges is 36% for small, shorter term loans. Longer term loans for larger amounts may be available for an APR of 15% or lower.
For example, a $1000 loan over 6 months could require a fortnightly repayment amount of as much as $96.92 including total costs (interest fees and charges) of $260 in addition to the amount that you borrowed.
Secured loans such as home loans, car loans, etc. are usually a much cheaper finance option. The interest rate will be different depending on what you are financing. For example, home loan interest rates will be typically lower than for a car, boat, caravan or truck loan.

Finance Articles

A Complete Guide to Caravan Financing: Securing Your Mobile Haven
A Complete Guide to Caravan Financing: Securing Your Mobile Haven
Caravans have surged in popularity across Australia, offering an unmatched fusion of comfort and mobility. This beloved mode of travel grants you the liberty to discover hidden gems off the beaten path while bringing along the comforts of home. With the rise of remote work and the enduring spirit of wanderlust, caravans provide a flexible lifestyle choice for adventurers, retirees, and families alike. - read more
The Ultimate Car Loan Checklist for First-Time Borrowers in Australia
The Ultimate Car Loan Checklist for First-Time Borrowers in Australia
Welcome to the world of car ownership! If you're a first-time borrower in Australia, you're likely to feel a mix of excitement and apprehension. Acquiring a car loan is a significant financial responsibility, and navigating through the options can be daunting. This introductory guide is designed to set you on the right path to making a well-informed decision. - read more
Creating a Bulletproof Budget: Tips for Australians Juggling Debts
Creating a Bulletproof Budget: Tips for Australians Juggling Debts
Creating a sturdy financial foundation is essential for Australians navigating the often turbulent waters of debt. A bulletproof budget does more than just track expenses; it acts as a buffer against unexpected financial downturns and provides a clear path toward financial freedom. Comprehending the full weight of this importance is the first step to turning one's financial destiny around. - read more

Finance News

New $100 Million Initiative Reduces EV Financing Costs in Australia
New $100 Million Initiative Reduces EV Financing Costs in Australia
21 Apr 2026: Paige Estritori
The Clean Energy Finance Corporation (CEFC) has announced a significant partnership with Volkswagen Financial Services Australia (VWFS) to make electric vehicle (EV) ownership more accessible to Australians. This $100 million initiative aims to reduce the upfront costs associated with purchasing EVs by offering discounted financing options. - read more
Australian Electric Vehicle Sales Jump 41% in First Quarter of 2026
Australian Electric Vehicle Sales Jump 41% in First Quarter of 2026
21 Apr 2026: Paige Estritori
Australia has witnessed a significant surge in electric vehicle (EV) sales during the first quarter of 2026, with a 41% increase compared to the same period last year. This growth is largely attributed to escalating fuel prices and a heightened awareness of the benefits associated with EV ownership. - read more
New Partnership Offers Discounted Financing for Hyundai and Kia Electric Vehicles
New Partnership Offers Discounted Financing for Hyundai and Kia Electric Vehicles
21 Apr 2026: Paige Estritori
The Clean Energy Finance Corporation (CEFC) has joined forces with Hyundai Capital Australia to introduce a financing program aimed at reducing the upfront costs associated with purchasing electric vehicles (EVs). This initiative is designed to make EV ownership more accessible to Australian consumers by offering discounted loan rates on eligible Hyundai and Kia models. - read more

Free Loan Eligibility Assessment

Loan Amount:
Postcode:

All quotes are provided free and without obligation by a specialist from our national broker referral panel. See our privacy statement for more details.


Knowledgebase
Home Equity Loan:
A loan in which the borrower uses the equity of their home as collateral.