Unsecured Loans

Personal unsecured loans allows you to borrow money without having to use a large asset to use as collateral against the loan. Therefore, they provide unsecured money to borrow – unlike Secured loans which require a large personal asset to secure the loan (such as your home or car).

An unsecured loan is therefore a more flexible way to borrow money and doesn't carry the risk that you might lose your home. You might need a good credit rating to be accepted for an unsecured loan, so make sure you check the loan rules. For instance, you might need a minimum income and an excellent past borrowing record to get the loan you want.

Credit Report        Unsecured Loans Information

You MUST apply through this site to guarantee any rate, spread, fee or margin listed

Use the table below to compare the options and offers – you'll find that there is a wide range of companies, offering competitive deals and features for you.

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Enquiry Line: +61 (0) 2 91916575

COMPANYTYPEAPRLOAN AMOUNTMIN TERMMAX TERMTERMSSUITABLESECURED LOANSMORE INFO
Bankwest
Bankwest		Lender13.84%From $5,0003 years7 yearsCurrently live in Australia, 18+ years old and never had legal proceedings taken against you for debt, been bankrupt or insolvent. Getting out of debtNoBankwest
The unsecured Personal Loan from BankWest offers a low interest rate personal loan that could be right for you. If you need $5,000 or more, with fixed monthly repayments and the ability to apply online, in store or over the phone this could be the right personal loan for you. You will be charges a $195 application fee and an $8 monthly maintenance fee.
DETAIL INFORMATION >>		Services

Services

1. Extra repayments allowed.
2. 13.84% p.a. fixed rate
3. 16.88% p.a. comparison rate


Restrictions

Restrictions

1. You must be a permanent Australian resident or citizen.
2. You must currently live in Australia.
3. You must be 18+ years old and have never had legal proceedings taken against you for debt, been bankrupt or insolvent.


Advantages

Advantages

1. A low, fixed interest rate.
2. Quick approval and fast access to funds.
3. Fixed monthly repayments.
4. Loan terms from 3 to 7 years.
5. Apply online, in store or over the phone.


Disadvantages

Disadvantages

1. $195 application fee.
2. $8 monthly maintenance fee.

ANZ Fixed Rate Personal Loan
ANZ Fixed Rate Personal Loan		Lender14.60%From $5,0001 year7 yearsYou must be over the age of 18 and a permanent Australian resident.If you would like to know exactly how much your payments are.NoANZ Fixed Rate Personal Loan
With the ANZ Fixed Rate Unsecured Personal Loan you know exactly how much your payments are for the term of your unsecured loan. ANZ provide a competitive interest rate which can help save you money on interest too. There is no maximum unsecured loan amount set and you can borrow for 1 – 7 years. In addition to this you can choose to pay weekly, fortnightly or monthly - whatever suits your budget.
DETAIL INFORMATION >>		Services

Services

1. Minimum amount of loan $5,000
2. No maximum loan amount set.
3. Multiple repayment options.


Restrictions

Restrictions

1. You must be over the age of 18 years
2. You must be a permanent Australian resident.


Advantages

Advantages

1. You can choose to pay weekly, fortnightly or monthly - whatever suits your budget.
2. You can aplpy online
3. You always know exactly how much your payments are.
4. With ANZ's competitive interest rate you could save money on interest
5. No maximum loan amount set


Disadvantages

Disadvantages

1. Fees and charges apply for early repayments, see website for details.
2. $150 covers application and loan establishment costs.
3. $30 quarterly fee

Aussie
Aussie		LenderStart at 14.49%From $3,0001 year7 yearsSee website for terms and conditionsFor debt consolidationNoAussie
Aussie provide you with a personal loan that can be used to pay for any worthwhile purpose, it is entirely up to you. You can easily apply online for your personal loan, it only takes about 20 minutes and you could have your loan approved within one business day.
DETAIL INFORMATION >>		Services

Services

1. You can make repayments monthly, fortnightly or weekly by Direct Debit. It’s easy and convenient, just set and forget.
2. The maximum amount you can borrow for a car or personal loan depends on you. It's based on your current financial situation and your capacity to meet your monthly repayments.


Restrictions

Restrictions

1. You must be over the age of 18 years old.
2. You must be a permanent Australian Resident.
4. You must be in paid employment.
5. You must be free of any defaults on Loans or Credit Cards in the last 5 years.
6. You must have completed you probation period in your current employment.
7. You cannot have been bankrupt in the last 7 years.
 


Advantages

Advantages

1. The interest rate on a personal loan can be a lot less than the rate on your credit card.
2. Debt consolidation.
3. Fixed interest rates.
4. You should have a decision on your application the next business working day.


Disadvantages

Disadvantages

1. You’ll pay an establishment fee of $199 only once, when you first get the loan.
2. There’s a monthly admin fee of $10 which you’ll pay for the term of the loan.
3. There’s also an early repayment fee, but you’ll only need to pay this if you pay-out your loan early. The amount will depend on how much you still owe on your loan, and how long you have left on your agreed term
4. They do not send monthly statements.

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