Find The Best Personal Loan Finance Options In Australia
At Personal Loan Finance Online, we help Australians compare real loan and finance options—fast, free, and prequalified. With one simple quote request, we match you to a shortlist of lenders and brokers ready to compete for your business. Whether you're consolidating debt, funding a major purchase, or covering unexpected expenses, we’ll help you find smarter finance and loan options tailored to your profile.
We help you find the right personal loan finance at the best rates!
Flexible finance for life’s important moments
A personal loan is one of the most adaptable borrowing tools available to Australian consumers. It can be used for virtually any purpose — whether you're consolidating credit card debt, paying for a wedding, renovating your home, or managing medical bills. With loan amounts typically ranging from $2,000 to $100,000, personal loans allow you to spread out big costs into manageable repayments over a fixed term.
Compare secured and unsecured options
Australian lenders offer both secured and unsecured personal loan options. Secured loans, which are backed by an asset such as a vehicle, often come with lower interest rates. Unsecured loans, while offering more flexibility, are based solely on your credit profile and income. You’ll also have the choice between fixed and variable rates, giving you control over your budgeting preferences.
Prequalify and get matched with lenders
At Loan Finance Online, we prequalify your application to help match you with lenders most likely to approve you — saving time and protecting your credit score. Our network includes a broad range of providers that cater to prime borrowers, low-doc applicants, and those with varied financial histories. One form, no obligation, and the ability to compare offers side-by-side.
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.
Managing your loan repayments wisely is an essential aspect of financial health. When you stay on top of your obligations, it can lead to improved credit scores and financial freedom. This process involves more than just paying your monthly dues on time; it also includes planning and strategizing to make the most of your financial resources. - read more
Loan refinancing is the process of replacing an existing loan with a new loan, usually with better terms. This financial strategy can be applied to a range of loans including mortgages, car loans, and personal loans. By refinancing, borrowers aim to achieve a more favourable interest rate, adjust the loan term, or consolidate debts. - read more
Navigating the world of personal loans in Australia can be daunting, but understanding the basics of loan eligibility and approval is essential. Personal loans can be a valuable financial tool, helping you manage unforeseen expenses or consolidate debt. However, securing a loan is often dependent on a variety of factors, and being prepared can make all the difference. - read more
Your credit score plays a crucial role in your financial journey, especially when it comes to obtaining loans in Australia. It's essentially a numerical representation of your creditworthiness and helps lenders assess the risk of lending you money. - read more
In an unprecedented turn of events, gold prices have surged to nearly $US4000 per ounce, positioning the precious metal as Australia’s second most valuable export. This dramatic price escalation is driven by a complex interplay of factors including cuts in US interest rates and global geopolitical tensions, leading investors to seek the security of stable, tangibly-valued assets like gold. - read more
The Full Court of the Federal Court of Australia has upheld a prior decision against Latitude Financial and Harvey Norman, maintaining that certain advertisements were misleading. These ads, which ran from January 2020 to August 2021, promoted ‘no deposit’ and ‘interest-free’ payment options but failed to disclose the necessity of acquiring a Latitude GO Mastercard to avail the offer. - read more
The Australian government has directed the Australian Securities and Investments Commission (ASIC) to reassess current financial resource stipulations for managed investment scheme (MIS) operators. Concurrently, the Australian Prudential Regulation Authority (APRA) has advised platform trustees to enhance governance standards. These actions stem from the collapse of the Shield and First Guardian master funds, which led to significant investor losses. - read more
The Australian Securities and Investments Commission (ASIC) has commenced a thorough review of the motor vehicle finance sector, aiming to bolster consumer protections and ensure industry-wide compliance. This initiative is particularly focused on the experiences of borrowers in regional and remote areas, including First Nations communities. - read more
Adjustable-Rate Mortgage (ARM): A type of mortgage in which the interest rate applied on the outstanding balance varies throughout the life of the loan.
