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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

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
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
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

Finance News

Boating Industry Calls for Stricter Jet Ski Safety Measures
Boating Industry Calls for Stricter Jet Ski Safety Measures
12 May 2026: Paige Estritori
The Boating Industry Association (BIA), representing major personal watercraft brands such as Sea-Doo, Yamaha WaveRunner, and Kawasaki Jet Ski, has recently advocated for enhanced safety measures and stricter enforcement to address the increasing number of Jet Ski-related incidents on Australian waterways. - read more
Vessev's Electric Hydrofoiling Vessels Set to Transform Swan River Transport
Vessev's Electric Hydrofoiling Vessels Set to Transform Swan River Transport
12 May 2026: Paige Estritori
New Zealand-based company Vessev is set to revolutionize water transport in Perth by introducing electric hydrofoiling vessels to the Swan River. In collaboration with the ENAUTIC Group, Vessev plans to deploy a fleet of VS–9 electric hydrofoiling catamarans, aiming to provide a sustainable and efficient alternative to traditional watercraft. - read more
d’Albora Marinas Expands with Tin Can Bay Marina Acquisition
d’Albora Marinas Expands with Tin Can Bay Marina Acquisition
12 May 2026: Paige Estritori
d’Albora Marinas, Australia's largest premium marina and hospitality network, has recently expanded its portfolio with the acquisition of Tin Can Bay Marina in South-East Queensland. This strategic move enhances d’Albora's presence in the region and offers an array of services to the local boating community. - 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
Loan Amortisation Schedule:
This is the formal name for the repayment schedule that shows each of your mortgage payments with a breakdown of how much is applied to principal and how much is applied to interest.