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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

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
Essential Tips for Choosing the Right Personal Loan in Australia
Essential Tips for Choosing the Right Personal Loan in Australia
Personal loans are a type of financing option that individuals can use to fund various personal expenses. Unlike mortgages or car loans, they aren't earmarked for a specific purpose, giving borrowers more flexibility in how they use the funds. These loans are usually unsecured, which means you don’t have to provide collateral to borrow money. - read more
Online Home Loan Calculators: How to Use Them in Your Loan Comparison
Online Home Loan Calculators: How to Use Them in Your Loan Comparison
Welcome to the world of savvy home financing! Whether you’re a first-time homebuyer or seasoned investor, navigating the ocean of home loan options can be daunting. In this digital era, one tool stands out for its effectiveness in simplifying this journey: the online home loan calculator. - read more

Finance News

Australian Motorcycle Market Sees Slight Decline in 2025
Australian Motorcycle Market Sees Slight Decline in 2025
30 Mar 2026: Paige Estritori
The Australian motorcycle market experienced a modest decline in 2025, with total sales decreasing by 1.3% compared to the previous year. According to data released by the Federal Chamber of Automotive Industries (FCAI), 92,967 motorcycles and off-highway vehicles were sold throughout the year, down from 94,224 units in 2024. - read more
NSW Government Announces Crackdown on Illegal E-Bikes
NSW Government Announces Crackdown on Illegal E-Bikes
30 Mar 2026: Paige Estritori
The New South Wales (NSW) Government has announced plans to introduce stringent regulations targeting illegal electric bicycles (e-bikes) that exceed prescribed power limits. This initiative aims to enhance public safety and address community concerns regarding the proliferation of overpowered e-bikes on public roads and pathways. - read more
Australian Motorcycle Market Begins to Stabilize Amid Economic Challenges
Australian Motorcycle Market Begins to Stabilize Amid Economic Challenges
30 Mar 2026: Paige Estritori
In 2025, the Australian motorcycle market exhibited signs of stabilization despite a slight overall decline in sales. Data from the Federal Chamber of Automotive Industries (FCAI) indicates that 92,967 new motorcycles, scooters, and off-highway vehicles were sold, marking a 1.3% decrease from the previous year. Notably, this decline is less pronounced than in previous years, suggesting a potential leveling off in the market. - 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
Index Fund:
A type of mutual fund designed to replicate the performance of a specific market index, such as the S&P 500.