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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

How Your Credit Rating Impacts Your Loan Options: What You Need to Know
How Your Credit Rating Impacts Your Loan Options: What You Need to Know
A credit rating is essentially a numerical representation of your financial trustworthiness. It's like a report card for your creditworthiness, where higher scores indicate better financial habits. Lenders and financial institutions scrutinize this score when you apply for credit, serving as a primary factor in approving or denying loan applications. - read more
The In-Depth Guide to Boat Loans in Australia: What You Need to Know Before Diving In
The In-Depth Guide to Boat Loans in Australia: What You Need to Know Before Diving In
Australia, with its expansive coastline and spectacular waterways, naturally cultivates a rich culture of marine enthusiasts. Imagine the salty breeze on your face as you slice through waves, the call of seabirds overhead, and the freedom to explore hidden coves and beaches – this is the quintessential Australian boating lifestyle. - read more
An Insider's Guide to Enhancing Your Credit Profile for Any Loan
An Insider's Guide to Enhancing Your Credit Profile for Any Loan
Having a robust credit profile is one of the most critical factors for financial health, especially when seeking loans in Australia. Whether you're eyeing a new car, dreaming of a home or simply want to secure a personal loan for unexpected expenses, your credit score often dictates the outcome. Not only does it influence a lender's decision to offer you finance, but it also affects the interest rates you might be charged. - read more

Finance News

Off-Road Motorcycles Drive 7.4% Growth in Australian Sales for Q1 2026
Off-Road Motorcycles Drive 7.4% Growth in Australian Sales for Q1 2026
23 Apr 2026: Paige Estritori
The Australian motorcycle market has experienced a notable 7.4% increase in sales during the first quarter of 2026, with off-road motorcycles emerging as the primary driver of this growth. According to data from the Federal Chamber of Automotive Industries (FCAI), a total of 20,624 units were sold between January and March 2026, marking a significant uptick compared to the same period in the previous year. - read more
Yamaha Motor Australia Achieves Top Sales Position in 2025
Yamaha Motor Australia Achieves Top Sales Position in 2025
23 Apr 2026: Paige Estritori
In 2025, Yamaha Motor Australia solidified its position as the nation's leading motorcycle and powersports brand, delivering over 25,500 new units to customers. This achievement marks a 9% increase in sales, a notable feat considering the overall market experienced a 1.3% decline during the same period. - read more
Rising Popularity of Scooters in Australia's Urban Centers
Rising Popularity of Scooters in Australia's Urban Centers
23 Apr 2026: Paige Estritori
The Australian motorcycle market witnessed a 4.6% increase in scooter sales during 2025, indicating a growing preference for affordable and efficient urban transportation. According to the Federal Chamber of Automotive Industries (FCAI), scooters now represent 5.7% of total motorcycle sales, a notable rise driven by urban commuters seeking practical mobility solutions. - read more

Free Loan Eligibility Assessment

Loan Amount:
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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
Foreclosure:
The legal process by which a lender takes control of a property, evicts the homeowner, and sells the home after the homeowner fails to make mortgage payments.