Fixed
Terms from 2 to 7 years. Representative example: a 5 year $30,000 loan at 5.95% would cost $34,757.21 including fees.
Pay ZERO fees on loans up to $50,000 with NOW Finance. With no establishment fee, ongoing fees or early payout fee. What’s more, get your guaranteed, tailored interest rate in two minutes with no impact on your credit score! Winner of Mozo's Experts Choice Unsecured Personal Loan 2021 award^.
Pay ZERO fees on loans up to $50,000 with NOW Finance. With no establishment fee, ongoing fees or early payout fee. What’s more, get your guaranteed, tailored interest rate in two minutes with no impact on your credit score! Winner of Mozo's Experts Choice Unsecured Personal Loan 2021 award^.
Read our Mozo Review to learn more about the NOW Finance No Fee Unsecured Personal Loan
Fixed, Excellent Credit
Terms from 3 to 5 years. Representative example: a 5 year $30,000 loan at 6.39% would cost $35,126.40 including fees.
With low rates for borrowers with excellent credit, a quick 1 minute rate estimate and simple online application, there’s a lot to love about this loan! You’ll not only benefit from no exit fees, there are also no early repayment fees. To qualify, simply earn above $25,000 and you’ll be on the way to start spending.
With low rates for borrowers with excellent credit, a quick 1 minute rate estimate and simple online application, there’s a lot to love about this loan! You’ll not only benefit from no exit fees, there are also no early repayment fees. To qualify, simply earn above $25,000 and you’ll be on the way to start spending.
Read our Mozo Review to learn more about the Plenti Unsecured Personal Loan
Excellent Credit
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 6.75% would cost $35,580.23 including fees.
OurMoneyMarket offer competitive low rates on loans up to $50,000, plus free extra repayments and fee-free redraw facility. Winner of Mozo's Experts Choice Unsecured Personal Loan 2021 award^.
OurMoneyMarket offer competitive low rates on loans up to $50,000, plus free extra repayments and fee-free redraw facility. Winner of Mozo's Experts Choice Unsecured Personal Loan 2021 award^.
Read our Mozo Review to learn more about the OurMoneyMarket Low Rate Personal Loan
Fixed, Secured
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 5.99% would cost $35,820.67 including fees.
Offering loans from $3,000 at a fixed rate for the life of the loan. You can check your personal loan interest rate before applying in 3 minutes with no impact to your credit score. Repayments can be made weekly, fortnightly or monthly and extra repayments are accepted.
Offering loans from $3,000 at a fixed rate for the life of the loan. You can check your personal loan interest rate before applying in 3 minutes with no impact to your credit score. Repayments can be made weekly, fortnightly or monthly and extra repayments are accepted.
Read our Mozo Review to learn more about the Latitude Personal Loan
Fixed over 5 years
5 year term only. Representative example: a 5 year $30,000 loan at 6.99% would cost $35,633.67 including fees.
Be rewarded for your good credit history with low rates. Plus there are no ongoing fees and you can pay off your loan with no early repayment penalties. Simply apply online and get a quote in minutes.
Be rewarded for your good credit history with low rates. Plus there are no ongoing fees and you can pay off your loan with no early repayment penalties. Simply apply online and get a quote in minutes.
Read our Mozo Review to learn more about the SocietyOne Unsecured Personal Loan - Excellent Credit
Variable, Unsecured
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 5.75% would cost $35,190.18 including fees.
Get a personalised rate quote in just 2 minutes, apply in just 7 minutes. Money transferred to your account the next business day. No exit or early repayment fees. Borrow up to $50,000.
Get a personalised rate quote in just 2 minutes, apply in just 7 minutes. Money transferred to your account the next business day. No exit or early repayment fees. Borrow up to $50,000.
Read our Mozo Review to learn more about the Symple Loans Personal Loan
Fixed
Terms from 3 to 5 years. Representative example: a 5 year $30,000 loan at 6.49% would cost $35,405.64 including fees.
Low personalised rates, ideal for borrowers with excellent credit. No monthly account fees, no early payout fees, so you can pay off your loan sooner. Borrow between $5,000 and $63,000. Easy online application, receive a response in minutes and approved funds within 24-48 hours!
Low personalised rates, ideal for borrowers with excellent credit. No monthly account fees, no early payout fees, so you can pay off your loan sooner. Borrow between $5,000 and $63,000. Easy online application, receive a response in minutes and approved funds within 24-48 hours!
Read our Mozo Review to learn more about the Wisr Unsecured Personal Loan
Fixed, Unsecured
Terms from 1 to 7 years. Representative example: a n/a year $0 loan at 8.99% would cost $7,856.30 including fees.
Heritage Bank discounted rates for loans starting from $5,000 to $25,000 and a choice of loan terms up to five years.
Heritage Bank discounted rates for loans starting from $5,000 to $25,000 and a choice of loan terms up to five years.
Read our Mozo Review to learn more about the Heritage Bank Standard Personal Loan
Fixed
Terms from 1 to 5 years. Representative example: a 5 year $30,000 loan at 6.99% would cost $36,208.67 including fees.
Fast, easy and 100% online, this is a low cost loan with no ongoing fees or extra repayment penalties. It's perfect for savvy borrowers with great credit. If you’re over 18 and earn above $30,000, you'll likely qualify.
Fast, easy and 100% online, this is a low cost loan with no ongoing fees or extra repayment penalties. It's perfect for savvy borrowers with great credit. If you’re over 18 and earn above $30,000, you'll likely qualify.
Read our Mozo Review to learn more about the Harmoney Unsecured Personal Loan
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 6.75% would cost $35,680.23 including fees.
Handypay offer flexible home improvement loans up to $75,000. Handypay is a specialist home improvement plan provider.
Handypay offer flexible home improvement loans up to $75,000. Handypay is a specialist home improvement plan provider.
Read our Mozo Review to learn more about the Handypay Personal Loan
Fixed
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 9.39% would cost $37,881.66 including fees.
No account keeping fees. Apply online and get a fast decision, normally within 24 hours. Winner of Mozo's Experts Choice Award for Australia's Best Large Credit Union 2020^.
No account keeping fees. Apply online and get a fast decision, normally within 24 hours. Winner of Mozo's Experts Choice Award for Australia's Best Large Credit Union 2020^.
Read our Mozo Review to learn more about the CUA Unsecured Personal Loan
Fixed, Unsecured
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 12.69% would cost $41,270.45 including fees.
Get same day approval on flexible personal loans from $5,000 to $55,000 on 1-7 year loan terms with NAB. Enjoy no fees for extra early repayments and get funds in your account fast. To be eligible you must be over 18 and be an Australian resident.
Get same day approval on flexible personal loans from $5,000 to $55,000 on 1-7 year loan terms with NAB. Enjoy no fees for extra early repayments and get funds in your account fast. To be eligible you must be over 18 and be an Australian resident.
Read our Mozo Review to learn more about the NAB Personal Loan
Terms from 2 to 7 years. Representative example: a 5 year $30,000 loan at 4.45% would cost $33,516.53 including fees.
Pay zero fees on loans up to $100,000 with NOW Finance. With no establishment fee, ongoing fees or early payout fee. What’s more, get your personalised interest rate in two minutes with no impact on your credit score!
Pay zero fees on loans up to $100,000 with NOW Finance. With no establishment fee, ongoing fees or early payout fee. What’s more, get your personalised interest rate in two minutes with no impact on your credit score!
Read our Mozo Review to learn more about the NOW Finance No Fee Secured Personal Loan
Very Good Credit
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 8.49% would cost $37,146.08 including fees.
A simple, low rate online personal loan for any worthwhile purpose. No monthly account fees, no early payout fees, so you can pay it off at any time, at no extra cost. To qualify, simply earn more than $25,000 and have no prior defaults. Winner of Mozo's Experts Choice Unsecured Personal Loan 2021 award^.
A simple, low rate online personal loan for any worthwhile purpose. No monthly account fees, no early payout fees, so you can pay it off at any time, at no extra cost. To qualify, simply earn more than $25,000 and have no prior defaults. Winner of Mozo's Experts Choice Unsecured Personal Loan 2021 award^.
Read our Mozo Review to learn more about the OurMoneyMarket Low Rate Personal Loan
Excellent Credit, Fixed
Terms from 2 to 3 years. Representative example: a 3 year $10,000 loan at 6.99% would cost $11,114.11 including fees.
Be rewarded for your good credit history with low rates. Plus there are no ongoing fees and you can pay off your loan with no early repayment penalties. Simply apply online and get a quote in minutes.
Be rewarded for your good credit history with low rates. Plus there are no ongoing fees and you can pay off your loan with no early repayment penalties. Simply apply online and get a quote in minutes.
Read our Mozo Review to learn more about the SocietyOne Unsecured Personal Loan
^See information about the Mozo Experts Choice Personal loans Awards
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.
How much could you save by switching your personal loan? Compare savings from over 200 personal loans. Find out in a few clicks.
As we enter the second month of the new year there are still limited changes to report on amid personal loan interest rates since our last check-in.
That said, of the few lenders that have changed rates, so far we’ve seen changes being made to fixed-rate personal loans - with all the variable rate personal loans in the Mozo database remaining the same.
Once again, Australian Military Bank, Credit Union SA and Transport Mutual Credit Union continue to offer the lowest personal loan interest rates in the Mozo database, so it seems that the smaller mutual banks and credit unions are still where it’s at if you’re after a competitive rate.
At this point, big bank personal loan interest rates are still sitting higher than most competitor lenders. For example, the Commonwealth Bank’s lowest personal loan interest rate currently sits just below 12%, a huge jump from the lowest interest rate in the Mozo database which sits at 3.65%.
Of the big four, Commonwealth Bank currently still takes the cake for having the lowest variable rate, offering 11.50% p.a. (12.38% p.a. comparison rate*) on it’s Commonwealth Bank Unsecured Variable Personal Loan.
Despite dropping its rates by 3 basis points at the end of September 2020, the ANZ Unsecured Variable Personal Loan still has the highest big bank variable rate, with a 12.99% p.a. variable interest rate (13.36% p.a. comparison rate*).
When it comes to big bank fixed rates, the Commonwealth Bank has the lowest rate once again, with its Commonwealth Bank Unsecured fixed Personal Loan (which saw a 2 basis point rate cut at the end of October last year), offering a 3-year fixed rate of 9.50% p.a. (10.40% p.a. comparison rate*).
The highest rate was the NAB Personal Loan (Fixed, Unsecured) which offered a 12.69% p.a. 3-year fixed rate (13.56% p.a. comparison rate*). That being said, it’s worth noting that NAB is waiving the $150 fee on its unsecured Personal Loan until the end of March 2021.
Lowest variable rate unsecured personal loan: Australian Military Bank - Unsecured Green Loan (Variable) - 3.65% p.a. (4.59% p.a. comparison rate*)
Lowest fixed rate unsecured personal loan: Australian Military Bank - Unsecured Personal Loan (Fixed) - 5.35% p.a. (6.21% p.a. comparison rate*)
Lowest variable rate secured personal loan: Transport Mutual Credit Union - GreenRoad Hybrid & Electric Cars (Variable) - 4.74% p.a. (5.04% p.a. comparison rate*)
Lowest fixed rate secured personal loan: Credit Union SA - Online-only Special Fixed Rate Personal Loan (Secured) - 3.99% p.a. (4.40% p.a. comparison rate*)
Written by: Rhianna Dews, Personal Loans writer, 1 February 2021.
But how can you find the right personal loan for your needs? Mozo is here to help with this handy guide that will run you through all the factors to consider when looking for a competitive personal loan in Australia. Starting from the top...
A personal loan allows you to borrow a lump sum of money, and then repay that amount (plus interest on top) in installments over a set period of time. Often, you’ll make monthly repayments over a period of 1 - 5 years.
A personal loan is generally for a lower amount than a home loan, but is useful for lump sums between $2,000 and $100,000, which are too big to put on a credit card. It’s also useful because as long as you meet your monthly repayments, you’ll know how long you’ll have debt and approximately how much interest you’ll pay from the beginning.
There are different types of personal loans, including secured and unsecured, fixed rate and variable rate. You might also see debt consolidation loans, wedding loans, and car loans advertised. These are all different types of personal loans, used for specific purposes.
In Australia, personal loans can be used for pretty much whatever you need, but are commonly used to fund an expensive item like a holiday, home renovation or new car. Personal loans can also be used to consolidate debt and to pay for unexpected expenses like medical bills.
What you need the loan for might make a difference to what kind of loan you go for. For example:
There are heaps of things to think about when you compare personal loans, from the interest rate, to fees, to added features and special offers. But if all that is a bit overwhelming, here’s three of the main things you should consider when comparing personal loans:
That’s the beginning of comparing personal loans, but keep in mind there may be other factors you need to take into account, like loan terms and amounts.
Good question, follow these 3 easy steps to figure out what the right borrowing amount for you will be...
While a lender may approve you for a considerable loan amount, that doesn't mean you should automatically take out that entire sum. Use Mozo's budget calculator to get a clear picture of your financial situation and work out how much money you have to play with after all your expenses (home loan repayments/rent, utility bills, insurance etc) are taken out. Say you find you have a disposable income of $1,000, you'd then need to think about how much of that amount you're willing to part with to go towards paying off your loan. Because if you take out a loan that makes your monthly repayments $900, you may find yourself living off cans of tuna for the life of the loan - and who wants to live like that?
Once you've decided a monthly amount you are comfortable with, you can have a play with our personal loan repayments calculators to see what kind of borrowing scenario would work for you. If you find that the original amount you were looking at borrowing will make your ongoing repayments far too steep, you might want to consider borrowing a smaller amount or stretching the term over a longer period.
For instance, if you borrowed $20,000 with a 10% interest rate, your monthly repayments would be $923 paid back over 2 years, compared to just $425 paid back over 5 years. But keep in mind while the longer term option will take the financial pressure off each month initially, the downside is you'll pay $3,346 more in interest over the life of the loan.
Once you've figured out how much you can afford to borrow, it's time to compare personal loans to make sure you get a competitive personal loan rate with the right features for your needs. Read on for our breakdown of the different types of personal loans in the market.
While many lenders offer a range of personal loans in Australia including car loans, travel (or holiday loans) and renovation loans, essentially all personal loans work the same way. You borrow a lump sum off the lender and pay it back over an agreed timeframe.
The benefit for you, is you kickstart your plans sooner and the benefit for the provider is they make a profit from the interest and fees you pay for their service.
So when it comes to personal loan comparison, here are the things we consider to be the 'real' types of loans to choose between:
If you've got some assets under your ownership belt, like a car or house, you can use them as security for the loan. 'Why would I put my precious goods at risk?' you ask. For the benefit of lower interest rates and fees, of course. But we should warn you, with a secured loan the provider has the right to seize your assets if you default on the loan.
On the other hand, if you don't have any assets to secure your loan or you don't want to put your car or home at risk, you could opt for an unsecured loan, which doesn't require you to guarantee the loan with any assets. But just keep in mind, you'll then have to say goodbye to the lower rates and fees of a secured loan.
As mentioned above, you can take out a loan to fund fun activities like overseas travel or a home reno, but there's also another useful function that a personal loan can provide - it can help you ditch debt. A debt consolidation loan works by moving across any debt you have on multiple loans or credit cards into one low rate loan. So instead of having varying due dates and a mix of interest rates (e. g 18% credit card rate, 22% store card rate and 11% car loan rate) you'll have just one repayment to worry about with a flat interest rate, which is a sure way to take the stress out of paying off your debt.
Once you've chosen the type of personal loan that is suited to your borrowing needs, you'll need to take the time to think about the type of interest rate to go for. Here are the two main options:
This means that your interest rate will remain the same over the life of the loan, making it easier to budget - an attractive option if you are worried about a rate hike down the track that you can't afford. Of course, there are a few cons, including generally higher rates and fees, as well as less flexible options like an extra repayments and redraw facility (see below for a full explanation). Plus, you may incur a break cost fee if you do decide to pay off the loan early.
On the other hand, a variable rate loan can change at any time, putting you at risk if your provider decides that they are going to hike up their personal loan variable rates. The real reason you would choose a variable rate loan, is for lower rates and fees and to avoid the fixed rate cons mentioned above, like penalty fees for breaking the loan early and less flexible features.
While you may not be cashed up right now, you never know where you'll be financially just a few years down the track. And when you come into that extra money, you'll want to make sure your personal loan provides you with the flexible option of an extra repayments facility, allowing you to pump the cash straight into your loan, so you can say good riddance to your loan earlier.
By the same token, you never know when you'll be hit up with unexpected bills later on in life, so another handy feature to have is a redraw facility, which allows you to dip into the extra repayments you've made on your loan. But that will ruin all your hard work of paying extra on your loan, so this should really be a last resort.
If your employer pays you fortnightly, you are better off setting your loan repayments up to match. The major benefit of setting up fortnightly repayments is you'll pay more off the loan by the end of the year than the monthly option. Here's an example: If your monthly repayments are $1,000 you will pay off $12,000 over a year, whereas if your fortnightly repayments are $500 you will pay off $13,000, as there are 26 fortnights in the year. So that means you will shave an extra $1,000 for each year of the life of the loan, helping to speed up the process of paying off your loan.
Now that you're in the know about the types of personal loans out there and the different features to look for, you're probably wondering how you can land yourself a great deal. Follow these quick steps...
You can kickstart your personal loan comparison with Mozo's personal loan search tool or if you're a refinancer you can use our Switch & Save Calculator to compare your current personal loan with over 100 loans in the market right now and find out which ones will save you the most in interest and fees.
Once you've punched in your numbers, our personal loan calculators will show you the loans most suited to your situation in one table. You can shortlist your favourites by clicking on the button on the left hand corner of the product info. And if you're struggling to decide between two loans, you can compare them side by side using our personal loan comparison calculator.
When you've picked the winner, the blue 'go to site' button will take you to the provider's application website and you can apply for the loan from the comfort of your own home. If you would like to start comparing personal loans please scroll up to the top of this page, alternatively if you want to know more about personal loans, head on over to our personal loan guides hub.
The right personal loan for you will depend on your individual needs. The personal loan comparison table at the top of this page is a good place to start your search, or you can search Mozo's whole personal loan database.
This will depend on the type of loan you apply for. If you apply for a secured personal loan, you will have to provide an asset, like a car, to use as security against the loan. Although this does give your lender the right to repossess your asset if you default on the loan, the good news is secured personal loans typically come with lower rates.
On the other hand, if you opt for an unsecured personal loan, you won’t have to provide any security. However, unsecured personal loans usually come with higher interest rates.
In our personal loan table at the top of this page, the comparison rate sits to the right of the interest rate and is a quick way of comparing the cost of the personal loan once both the interest rate and fees are combined. The comparison rate is often coined as showing the 'true' cost of a loan.
There’s no easy answer to this question, as it will depend on your financial circumstance and what you’re looking for. So to help you make a decision, we’ve jotted some pros and cons for different types of lenders.
This includes the big 4 banks, Westpac, ANZ, NAB and CommBank, plus other major lenders like St George, Bankwest, HSBC and ING.
An alternative to the big banks are credit unions. These are not for profit organisations that are funded by their members.
A new type of lender shaking up the market are peer-to-peer (P2P) lenders. P2P operates on a different platform to traditional banking in which it connect investors with potential borrowers in an online marketplace.
One misconception about personal loans is that applications can take a while to process. In reality, finding a fast personal loan is possible, and some lenders can have the funds in your bank account on the same day or within 2 business days.
While many lenders will offer different repayment schedules, personal loan repayments can typically be made on either a weekly, fortnightly or monthly basis. One easy way to make your repayments is to set up a direct debit from your bank account, this will also help ensure you won't ever miss a repayment or be charged a late payment fee.
But if for whatever reason you think you won’t be able to make a repayment, you’ll need to contact your lender ASAP to discuss an alternative arrangement.
If you are looking at borrowing a small amount, say under $5,000 and are tossing up between plastic or a loan, here are some things to consider:
Personal Loans
Credit Cards
Personal loans are there to help you fund purchases that make more sense for you financially to pay off over a period of time than wait until you have the money saved upfront. This is why personal loans are a good option for Australians who want to purchase a new car, do a small home renovation like a kitchen or outdoor entertainment area or pay for a once off expense like a wedding.
Lenders generally don't have many restrictions on what you can use a personal loan for though you will be asked the purpose of the loan when you apply. The key think for a lender is making sure that you can meet repayments over the loan period. But a personal loan shouldn't be seen as way to supplement your salary to pay for everyday expenses. You'll want something to show for the money you've borrowed.
For some purchases, there are lenders that will actually give you a better interest rate than a regular personal loan. For instance, if you are planning on buying a new car, you'll find that many lenders will have sharper rates for new car purchases when you secure the car against the loan. Another loan purpose that is getting more popular with lenders in Australia is eco home improvements such as rainwater tanks, solar panels, insulation. Lenders view borrowing in these areas as smart investments and reward customers with lower interest rates. Check out the Mozo Experts Choice Personal Awards page to see which Australian lenders have received our expert's tick of approval.
While you are still usually able to get a personal loan with bad credit, it’s not always the best idea as you’ll often be charged super high rates and fees.Thanks to the rollout of comprehensive credit reporting (CCR), many lenders have already begun assessing a borrower’s credibility based on their credit history.
In this case, it could be worth repairing your credit history first before applying for a loan.
Yes, some providers offer personal loans to students, but you’ll find there is a slight difference in terms of eligibility. With a student personal loan, there’s a little more flexibility with the loan application since students generally have lower incomes and little to no assets, compared to a borrower working full time and no longer studying.
But although approval for student personal loans does come with some breathing room, lenders tend to be a little stricter in terms of repayments and may only offer smaller loan amounts, to hep make sure you can comfortably pay back your debts.
Yes, pensioners can take out a personal loan, but it can be tricky to get approved. If you are a pensioner looking to take out a personal loan, you’ll find that there are limited options. This is because it’s harder to prove to a lender that you can make your repayments if you no longer have a regular income. If you are struggling to get approval from a lender, you may want to consider Government Assistant Options.
However, if you’ve got some extra cash stashed away in an account that can be put towards your repayments, you might be in a better position to negotiate with a lender and have better chances of success.
Australia is in the process of moving towards a comprehensive reporting system which enables lenders and other businesses to see your whole credit history when making a judgement on whether to lend you money. In the past, banks were only ever interested if you had missed a repayment or defaulted on a loan. Now they are able to get a sense of your whole financial picture such as when you make your bill repayments, whether you pay the whole bill or only part of it, how much of your credit limit you have available etc. The positive to this is that it rewards people who can demonstrate good savings and financial behaviour. Lenders can see that you will be able to pay back any money borrowed, in the timeframe that you said you would.
So now, when it comes time to thinking about getting a personal loan you really need to be much more prepared in the lead up by making sure your bills are kept up to date, you're demonstrating good savings habits, and comfortably meeting other financial commitments.
Before you apply for a loan, it's a good idea to get a copy of your credit report so that you can check it for any errors or know the areas that you might want to improve before you ask the bank for a loan.
There is no way of guaranteeing that you will be approved for any loan. All you can do is make sure that you've got the highest chance possible this means:
With most lenders now offering online loan applications, applying is pretty easy. In some instances you can even get the funds directly deposited into your account within a few days of loan application.
To make your personal loan application go as smoothly as possible, it's a good idea to have some of the essential information handy and that you'll meet any eligibility requirements.
If you are apply for a loan with a provider where you don't already have a personal history with, its likely that you'll need to supply them with personal information and identification details. Examples of this kind of information will be drivers licence number, passport details and utility bills in your name that show your current address.
Other information you are likely to need includes:
If you come to find that you have been rejected for a personal loan, do not apply immediately for another. Each time you’re rejected for a loan it will go on your credit history, which makes it even harder to get approval next time.
The first thing you’ll need to do is assess why you’ve been rejected. Some of the more common reasons for being rejected include a bad credit history, low income, unstable employment or for having too many loans already. These are all things that might impact your ability to repay your loan in the future.
Your next step should be to make adjustments to your application to ensure that you aren’t rejected again. This could mean cleaning up your credit history, reassessing your budget and borrowing capacity to make sure you can afford the loan or by trying to add a little more to your savings stash.
The thing to remember about any kind of personal credit, is that you will have to pay the money back eventually. Here are some tips to help you avoid some of the biggest borrowing traps:
Excellent customer service in all areas. Highly skilled phone staff. Incredibly fast personal loan approval ($48000 towards my new preowned vehicle) for existing customer with a recent homeloan approval. Personal loan interest rates are seriously shabby and can be beaten elsewhere but if you get the (higher) variable option, you can pay it down hell for leather; they are quite flexible with their lending products. And their customer service is exemplary in my opinion. Just choose your products wisely and don't hock yourself to the eyeballs. Very convenient for existing customers. Good for female borrowers, whether working, retired, pensioners etc.
Read full reviewExcellent customer service in all areas. Highly skilled phone staff. Incredibly fast personal loan approval ($48000 towards my new preowned vehicle) for existing customer with a recent homeloan approval. Personal loan interest rates are seriously shabby and can be beaten elsewhere but if you get the (higher) variable option, you can pay it down hell for leather; they are quite flexible with their lending products. And their customer service is exemplary in my opinion. Just choose your products wisely and don't hock yourself to the eyeballs. Very convenient for existing customers. Good for female borrowers, whether working, retired, pensioners etc.
Its a bad joke, hidden fees / deceptive interest rates & sneaky brokerage. A network of lies.
Read full reviewIts a bad joke, hidden fees / deceptive interest rates & sneaky brokerage. A network of lies.
Terrible company to deal with, terrible customer service, not very flexible most certainly not helpful at all. Would not deal with them at all for anything ever again.
Read full reviewTerrible company to deal with, terrible customer service, not very flexible most certainly not helpful at all. Would not deal with them at all for anything ever again.