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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

The Great Debate: Pros and Cons of Refinancing Your Home Loan
The Great Debate: Pros and Cons of Refinancing Your Home Loan
In recent years, refinancing has emerged as a popular financial strategy for many Australian homeowners. With the housing market's dynamic nature and fluctuating interest rates, more people are considering the benefits of refinancing their home loans. This trend is not surprising, as refinancing can potentially reduce monthly payments, secure lower interest rates, and assist with debt consolidation. - read more
The Ultimate Cheat Sheet for Aussie Borrowers: Top Loan Comparison Strategies
The Ultimate Cheat Sheet for Aussie Borrowers: Top Loan Comparison Strategies
In the dynamic world of Australian finance, securing a loan can be a pivotal move for individuals seeking to achieve their financial goals. Whether it's for purchasing a dream home, expanding a business, or simply consolidating debt, the importance of smart loan comparison cannot be overstated. With an array of lending products available, borrowers are often faced with a bewildering choice. That's why equipping yourself with powerful loan comparison strategies is not just important, it's essential. - read more
Understanding the Fine Print: Fees and Charges in Personal Loans
Understanding the Fine Print: Fees and Charges in Personal Loans
Personal loans are a type of unsecured credit that allows individuals to borrow money for various personal expenses, including consolidating debt, making home improvements, or funding significant life events. Unlike secured loans that require collateral, personal loans rely on your creditworthiness, making them an accessible option for many Australians. - read more

Finance News

Australian Commercial Marine Industry's Significant Economic Contribution Revealed
Australian Commercial Marine Industry's Significant Economic Contribution Revealed
04 Apr 2026: Paige Estritori
The Australian Commercial Marine Group (ACMG) has unveiled a comprehensive Economic Impact Statement (EIS) that underscores the substantial role of the commercial marine sector in the nation's economy. The study reveals that the industry contributes $25.16 billion to Australia's Gross Domestic Product (GDP) each year and supports 137,262 full-time equivalent jobs nationwide. This significant contribution highlights the sector's vital importance to the country's economic landscape. - read more
Celebrating Excellence: 2026 Australian Marine Industry Awards Announced
Celebrating Excellence: 2026 Australian Marine Industry Awards Announced
04 Apr 2026: Paige Estritori
The Australian International Marine Export Group (AIMEX) has announced the 2026 Australian Marine Industry Awards, celebrating outstanding achievements across the nation's superyacht, marine export, and commercial marine sectors. These prestigious awards aim to recognise excellence, innovation, and leadership within the Australian marine industry. - read more
Digital Transformation: How Australian SMEs Are Navigating Economic Challenges
Digital Transformation: How Australian SMEs Are Navigating Economic Challenges
04 Apr 2026: Paige Estritori
In the face of escalating operational costs and tightening cash flow, Australian small and medium-sized enterprises (SMEs) are increasingly turning to digital tools to streamline financial management and bolster business resilience. Recent research highlights a significant reliance on manual processes, with 80% of SMEs still managing expenses manually. This traditional approach is proving inadequate in the current economic climate, prompting a shift towards digital solutions. - 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
Mortgage Insurance:
Insurance that protects a lender in case a borrower defaults on their mortgage.