Personal loans for the plans that matter
Renovations, medical costs, weddings or travel: your broker compares secured and unsecured loans to suit your situation.
- Free to compare
- A specialist partner broker, start to finish
- No credit score impact
Typical ranges only. Actual limits depend on the lender and your circumstances.
Example rate only: not a comparison rate, quote or offer of credit. Your rate depends on your credit profile, the lender and the asset. Excludes fees and charges.
How personal loans work with us
Personal loan rates vary widely because lenders price them on individual risk, so two people borrowing the same amount can get very different rates. Shopping the panel matters.
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Your broker looks at your whole profile and matches you with lenders likely to offer sharper rates, without multiple credit enquiries on your file.
- Home renovations
- Weddings
- Travel
- Medical and dental
- Education
- Solar panels
- Furniture and appliances
Risk-based rates
Your rate reflects your profile. We target lenders likely to price you well.
Fixed repayments
Most personal loans are fixed, so repayments stay the same all term.
Secured options
Offering an asset as security can bring your rate down.
Early payout
Many lenders allow extra repayments or early payout. We'll flag any fees.
Fixed vs variable personal loans: which should you choose?
Fixed rates keep repayments steady but may limit extra repayments or charge early exit fees. Variable rates can change but often allow extra repayments and early payout, suiting those clearing debt quickly.
Read the full explanation
A fixed rate personal loan locks in your interest rate for the whole term, so your repayments stay the same from the first month to the last. That makes budgeting simple, particularly for a one-off cost with a clear price, like a wedding or a renovation. The trade-off is flexibility. Some lenders charge an early repayment fee or limit extra repayments on fixed loans, which matters if you're expecting a bonus, tax refund or inheritance.
A variable rate loan can move up or down over the term, so your repayments can change. In return, many variable personal loans let you make extra repayments or pay out early with few or no penalties, and some include a redraw facility. If you plan to clear the debt quickly, variable may suit you better. Your broker can show how options from lenders on their panel compare on fees, flexibility and total cost.
- People funding a renovation, wedding or trip on a budget
- Borrowers wanting fixed repayments and a clear end date
- Car owners who could offer their vehicle as security
- Anyone avoiding high-interest card debt for big buys
Pros and watch-outs
Pros
- Fixed repayments make budgeting straightforward
- Often cheaper than a long-term credit card balance
- Can be used for a wide range of purposes
- A clear end date, unlike revolving credit
Watch-outs
- !Unsecured pricing depends heavily on your credit profile
- !Fixed loans can limit extra repayments
- !Easy to over-borrow, raising the total cost
Costs and fees to compare
The interest rate is only part of the cost. Ask your broker to show these side by side.
Establishment fee
Charged upfront or added to the loan; noticeable on smaller loans.
Monthly service fee
Some lenders charge an ongoing fee, others don't. Over a long term it adds up.
Early repayment or break fees
Fixed loans may charge for early payout. Check if you might repay early.
Late payment fees
A missed repayment may trigger a fee and a credit report listing. Time direct debits with payday.
Loan protection insurance
An optional add-on. Read the terms and compare before agreeing.
Tips to strengthen your application
- 1Borrow only what you need, backed by quotes
- 2Check your credit report and fix errors before applying
- 3Close or reduce unused cards; lenders count the full limit
- 4Keep employment stable before applying; lenders favour consistent income
What you’ll need
What you’ll need
- Driver's licence or passport
- Two recent payslips, or tax returns if self-employed
- Last 90 days of bank statements
- Current debts and regular expenses
What lenders look for
- 18+, Australian citizen or permanent resident (some lenders consider visa holders)
- Regular, provable income
- A credit history your broker can explain, blemishes included
- Repayments that comfortably fit your budget
First chat to funds in four steps
How it works in detail →- 1Tell us what you’re after
- 2Meet your broker
- 3Compare and choose
- 4We handle the rest
Personal loans: common questions
Secured or unsecured: what’s the difference?
A secured loan is backed by an asset such as a car, so it usually has a lower rate. An unsecured loan needs no security but usually costs more.
Will shopping around hurt my credit score?
Applying to lots of lenders yourself can, because each application may leave an enquiry on your file. Your broker does the comparison first so you only apply where you are likely to be approved.
Can I repay early?
Often, yes. Some lenders charge an early exit fee on fixed-rate loans. Your broker will show you the terms before you choose.
What can’t I use a personal loan for?
Lenders generally will not fund things like gambling, investing in shares or crypto, or paying a deposit on a home.
What credit score do I need for a personal loan?
There's no single minimum, because each lender sets its own criteria and prices loans on risk. A stronger credit history usually opens up more lenders and sharper pricing. If your score is lower, your broker can look for lenders with more flexible policies.
How much can I borrow with a personal loan?
It depends on your income, expenses, existing debts and the lender's policy. Lenders must check the loan isn't unsuitable for you, so they assess what you can comfortably repay rather than applying a set multiple of your income.
Can I get a personal loan if I'm self-employed?
Yes, though lenders usually want tax returns or business financials, often covering one or two years. Some lenders accept alternatives such as BAS statements or an accountant's letter. Your broker can match you with lenders suited to self-employed applicants.
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