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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

Debt Consolidation: How to Streamline Your Finances with a Personal Loan
Debt Consolidation: How to Streamline Your Finances with a Personal Loan
Debt consolidation is a strategy often utilized by individuals seeking to take control of their financial health. At its core, debt consolidation involves combining multiple debts into a single, more manageable loan, typically with more favorable terms such as a lower interest rate or a longer repayment period. - 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
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

Expanded 5% Deposit Scheme Opens Doors for First Home Buyers
Expanded 5% Deposit Scheme Opens Doors for First Home Buyers
16 Apr 2026: Paige Estritori
The Australian Government has expedited the launch of its expanded 5% Deposit Scheme, now effective from October 1, 2025, to assist first home buyers in entering the property market sooner. This initiative allows eligible individuals to purchase a home with a deposit as low as 5%, without the burden of Lenders Mortgage Insurance (LMI). - read more
Surge in First Home Buyer Loans Reflects Effective Government Support
Surge in First Home Buyer Loans Reflects Effective Government Support
16 Apr 2026: Paige Estritori
The Australian housing market has witnessed a significant surge in first home buyer activity, with the number of new loans rising by 6.8% to 31,783 in the December quarter of 2025. This marks the most substantial increase since the December quarter of 2023, according to the Australian Bureau of Statistics (ABS). - read more
Yamaha's 1% Finance Deal on 2026 YZ Models: What You Need to Know
Yamaha's 1% Finance Deal on 2026 YZ Models: What You Need to Know
15 Apr 2026: Paige Estritori
Yamaha Motor Australia has introduced an enticing finance offer for enthusiasts looking to purchase selected 2026 and earlier YZ models. This limited-time promotion features a 1% per annum comparison rate finance, coupled with factory savings, making it an opportune moment for riders to invest in Yamaha's renowned off-road motorcycles. - 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
Subprime Loan:
A type of loan offered to individuals with poor credit scores, typically at a higher interest rate.