Personal loans guides

Bank loans are not all repossessions and debtors' prison - in some cases they makes good financial sense. But even a low rate personal loan will cost you for the privilege of money up front. So you'll want to manage your borrowings, and bag the best deal. So that you've got all the know-how you'll need when it comes to choosing a personal loan, Mozo's money writers have written a range of must-read guides covering off all aspects to personal borrowing. Search below for the one that best meets your needs.

Pros & cons of a debt consolidation loan

Pros & cons of a debt consolidation loan

If you’ve got multiple debts and are struggling to keep up, a debt consolidation loan can seem like a lifeline. Rolling all your debts into one can streamline your repayments and potentially reduce the amount of interest rate you pay overall. 

Read More
Secured vs. unsecured personal loans: how to choose what's best for you

Secured vs. unsecured personal loans: how to choose what's best for you

If you’re thinking about getting a personal loan, chances are that you’ve come across “secured” and “unsecured” loans, but maybe you weren’t exactly sure what the difference between the two loan types is.

Read More
What is a green loan and where can I get one?

What is a green loan and where can I get one?

With sustainability at the top of mind for many Australians, getting a green loan can be a way to make costly lifestyle changes without blowing the bank. 

Read More
Your guide to easy personal loans

Your guide to easy personal loans

Wouldn’t it be nice if things were all just a little bit easier? When it comes to personal loans, we sure think so.

Read More
Your guide to long term personal loans

Your guide to long term personal loans

When we talk about loans, we spend a lot of time talking about what sets them apart or why you might want to go with one over another. What we don’t tend to talk about as much is why you might choose a long term loan or short term loan, important parts of the personal loans process that can’t go overlooked.

Read More
A guide to low income personal loans

A guide to low income personal loans

If you’re earning a lower income, a personal loan might not feel like a possibility. However, income is just one of many tools used to calculate whether or not you can get a loan. At Mozo, we’re here to break down the ins and outs of a low income loan.

Read More
Self-employed personal loans: your questions answered

Self-employed personal loans: your questions answered

The freedom of working for yourself also comes with a lot of hard work, especially when it comes to sorting out your finances.

Read More
Personal loans & eligibility: Your top questions answered

Personal loans & eligibility: Your top questions answered

We get it. Personal loan eligibility criteria aren't always so clear cut. So, before you even consider applying for a personal loan, it's super important to shop around and compare your options until you find the right loan for you.

Read More
Credit score, credit file, credit history - what's the difference?

Credit score, credit file, credit history - what's the difference?

Understanding credit and all of its terms can be confusing, especially when they all sound so similar. Terms like credit score, credit file and credit history are all as equally important to understand as the next. 

Read More
Refinancing your personal loan? Here’s what to look for

Refinancing your personal loan? Here’s what to look for

If you’re like many other Aussies with a personal loan, you probably signed the papers and never looked back. But have you ever stopped and wondered about the potential savings you'd get if you were to refinance? Now, now, don’t let the word ‘refinance’ scare you away. With our help, refinancing your personal loan will be a piece of cake, only the savings will be far sweeter!

Read More
How to improve your credit score in Australia in 2024

How to improve your credit score in Australia in 2024

If you’re planning on applying for a home loan or a personal loan, prepare to have your credit history placed under the microscope. Your credit history tells the story of you as a borrower, even things that took place a long time ago. Lenders use this information to determine to determine whether or not your application will be successful and of course, the interest rate.

Read More
Personal loans vs credit cards

Personal loans vs credit cards

When looking for a credit option to fund a big upcoming expense like a holiday, home renovation or wedding, two banking products are likely to come to mind – a personal loan or a credit card.

Read More
Debt consolidation and refinancing: how to free yourself from debt

Debt consolidation and refinancing: how to free yourself from debt

Between credit cards, personal loans, home loans and car loans, Aussies have many options open to them when it comes to borrowing money to reach their goals. But while this can be a useful tool, it can also lead to a mound of debt for spenders who don’t manage their credit properly.

Read More
Peer to peer lending in Australia explained

Peer to peer lending in Australia explained

If you're sick of the high interest rates attached to personal loans from the major lenders in Australia, you may be interested in a different type of lending. It's called peer to peer lending or P2P for short.

Read More
Types of Personal Loan

Types of Personal Loan

When you don’t have the money for some of those big ticket items, a personal loan can help you achieve your financial goals. 

Read More
Demystifying Personal Loan Fees and Features

Demystifying Personal Loan Fees and Features

Who doesn’t need a bit of financial help, every now and again? Whether it's a car loan for your ideal set of wheels or a wedding loan for your upcoming nuptials, taking out a personal loan can help you reach your dreams sooner.

Read More
Which should I choose? Personal loans vs home loan redraw

Which should I choose? Personal loans vs home loan redraw

Got a large expense coming up that needs covering? Maybe you're planning a dream holiday or doing some major home renovations and need the extra cash. If you've been wondering how to finance your plans, you actually have some options.

Read More
Personal Loan Providers

Personal Loan Providers

Gone are the days when Aussies would only borrow through the big banks, as today there are a great range of lenders from credit unions,  peer to peer players and online lenders offering personal loans with competitive rates, fees and features.

Read More
Is a personal loan or credit card better for travelling?

Is a personal loan or credit card better for travelling?

From the crystal clear waters of Halong Bay in Vietnam to the hustle and bustle of Istanbul’s Grand Bazaar, the world has plenty to offer any avid jetsetter. So if you’ve got the traveller’s itch and can’t wait to head off on your next adventure, it’s time to think about what will be the best way to fund your great exploration - a travel loan or credit card.

Read More
Finding the cheapest personal loan deals

Finding the cheapest personal loan deals

New car, overseas adventure, home renovation, upcoming wedding, baby on the way...there’s plenty of reasons to take out a personal loan.

Read More
Variable rate personal loans

Variable rate personal loans

You click open your savings account only to discover there’s not quite enough money sitting there to fund your much needed new set of wheels. There’s no need to turn sour as there’s a personal loan out there for you, one which will help you drive away with that dream car. 

Read More
Fixed rate personal loans

Fixed rate personal loans

Ever wondered what difference choosing between a variable and fixed rate personal loan really makes? Well, if you’re a little more cautious or have trouble adjusting to change, a fixed rate loan could just be a lifesaver. 

Read More
Personal loan repayments

Personal loan repayments

Having the approval of a personal loan up your sleeve can free up so much time and money to do and buy the things you really love, need and want. Think of it as a ‘live for the moment’ ticket to freedom. If you have a secure income with spare dosh to pay off a personal loan, then why not take advantage of a lotta cash at once?

Read More
Small loans

Small loans

So you woke up this morning and decided that having flowers delivered to your door once a week would be a novel thing to do. And we don’t doubt it. There are other ways Mozo might suggest you spend your money, but how you decide to spend it is entirely up to you. Um, you need some spare money to do that right?

Read More
Medical loans

Medical loans

Medical bills can be costly, no matter the size of your procedure. 

Read More
Renovation loans

Renovation loans

Bored of your same old home environment? Craving a little pizzazz? You’re not alone!

Read More
Holiday loans

Holiday loans

To maintain our sanity in this busy world we live in, a holiday can be the perfect remedy to escape the chaos.

Read More
Instant personal loans

Instant personal loans

Looking to take out an instant personal loan? Whether it's for your dream holiday, a fresh new set of wheels, or to fix your broken washing machine – sometimes you need money quick-smart.

Read More
Pensioner loans in Australia

Pensioner loans in Australia

So, the kids have all left the nest, work has become a distant memory, and you’re lapping up life in retirement. While work stress may be a thing of the past, you can still face financial pressure in your twilight years.

Read More
Ultimate guide to wedding loans

Ultimate guide to wedding loans

Ding-dong, wedding bells are ringing! If you’ve just started the planning your big day, then you’ve probably got a fair idea of how much it’s going to cost... a lot. But not everyone has a spare $50k lying around, so you might consider taking out a personal loan to cover the cost. Splitting things 50/50 with your fiancé? Taking out a loan for two would be much easier to repay than taking one out on your own, especially if you’re just starting out.

Read More
Low interest personal loans

Low interest personal loans

Jargon jargon jargon. If this is the first time you've considered taking out a personal loan, then the whole concept might seem a little unfamiliar to you. So allow us to run you through the basics. But there's really only a few main things to consider when securing a low-interest personal loan. Will it be secured or unsecured? Fixed-rate or variable-rate?

Read More
Bank loans: the ins and outs

Bank loans: the ins and outs

Life is great, but the truth is, some things come with a heftier price tag than others. But that's why banks are here to help: in the form of personal loans. It may be the difference between ‘walking down the aisle’ at your dream wedding or transforming your home into an entertainers delight!

Read More
Short term personal loans

Short term personal loans

Also known as a ‘payday loan’ or ‘fast cash loan’, a short-term personal loan is designed to provide you with immediate, small amounts of cash that will tide you over until your next paycheck.

Read More
Consolidation loans

Consolidation loans

Put your hand up if you’ve ever wished that all your debts would just disappear? You’re not alone.

Read More

Personal loan news

Keep your finger on the bank loan pulse with Mozo's updates, articles and assorted financial lifeblood.

Compare personal loans and save

Go