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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 Road to Recovery: How to Rebuild Your Credit for Future Loans
The Road to Recovery: How to Rebuild Your Credit for Future Loans
In today’s economy, a good credit score is more than just a number—it's a pivotal element of financial health that can open doors to necessary funding when it's most needed. Whether it's for purchasing a new home, investing in a business, or obtaining personal loans, a robust credit score in Australia is your ticket to favorable interest rates and loan terms. - 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
A Complete Guide to Caravan Financing: Securing Your Mobile Haven
A Complete Guide to Caravan Financing: Securing Your Mobile Haven
Caravans have surged in popularity across Australia, offering an unmatched fusion of comfort and mobility. This beloved mode of travel grants you the liberty to discover hidden gems off the beaten path while bringing along the comforts of home. With the rise of remote work and the enduring spirit of wanderlust, caravans provide a flexible lifestyle choice for adventurers, retirees, and families alike. - read more

Finance News

ASMEX 2026: Uniting Australia's Marine Industry on the Gold Coast
ASMEX 2026: Uniting Australia's Marine Industry on the Gold Coast
05 May 2026: Paige Estritori
The Australian Superyacht, Marine Export and Commercial Marine Conference (ASMEX) is set to return to the Gold Coast on 19–20 May 2026, bringing together key stakeholders from across the nation's marine industry. This annual event serves as a pivotal platform for industry professionals to connect, share insights, and celebrate achievements. - read more
RBA's May 2026 Rate Decision: What It Means for Borrowers
RBA's May 2026 Rate Decision: What It Means for Borrowers
05 May 2026: Paige Estritori
The Reserve Bank of Australia (RBA) is poised to announce its cash rate decision for May 2026, a move that could have significant implications for borrowers nationwide. With the official cash rate currently at 4.10% following two hikes earlier this year, the financial community is keenly awaiting the RBA's next steps. - read more
Palisade's Acquisition of Summerfield Battery: Boosting South Australia's Energy Storage Capacity
Palisade's Acquisition of Summerfield Battery: Boosting South Australia's Energy Storage Capacity
05 May 2026: Paige Estritori
Palisade Investment Partners has recently acquired the 240MW/960MWh Summerfield Battery Energy Storage System (BESS) located near Adelaide, South Australia. This significant transaction marks a strategic enhancement of the region's renewable energy infrastructure. - 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
Return on Investment (ROI):
A measure used to evaluate the efficiency of an investment or compare the efficiency of several different investments.