Compare personal loans

Compare personal loans

Use it for

Any worthwhile purpose including debt consolidation and refinancing

Buying a new car

Buying or refinancing motor vehicles, boats and caravans up to 10 years old

Airfares, accommodation, tours, car hire, travellers cheques, foreign currency

Everyday use or special purchases

Worldwide wherever Visa is accepted

Loan amounts

$2,000 up to $80,000

Loan amount	Loan term
Up to $30,000	5 years
$30,001 to $50,000	6 years
$50,001 to $65,000	7 years
$65,001 to $80,000	8 years

$2,000 up to $50,000

$2,000 up to $30,000

Minimum $500, maximum $10,000. Maximum $20,000 for joint account holders.

$500 up to $7,500

$1,000 up to $25,000

Loan term

Up to 6 years

See above

Up to 6 years

Up to 5 years

Ongoing

Extra repayments allowed

Redraw facility

N/A

Penalty for early repayment

Loan Repayment Insurance

Repayment frequency

Choice of weekly fortnightly monthly

Choice of weekly fortnighty monthly

Choice of weekly fortnightly monthly

Monthly minimum of 2% of debit balance

Monthly minimum of 1% of debit balance

Monthly minimum of 3% of debit balance

Top-up

Interest free period

N/A

Up to 55 days

Interest rates

Variable interest rate

Annual percentage rate

13.19%pa

8.39%pa

10.18%pa

11.45%pa

12.64%pa

12.05%pa

7.90%pa for first 6 months then 11.50%pa

Comparison rate*

13.89%pa

8.71%pa

10.87%pa

12.14%pa

N/A

Fees and charges

Application fee

$100

Monthly fees

N/A

Documentation fee

$125

Redraw fee

N/A

Ongoing fees

Debt consolidation

Up to $50,000

N/A

Edvest benefits

N/A

Apply for up to $20,000 as a single Edvest member or $40,000 as joint Edvest members

N/A

RediCredit for Students

Teachers Credit Card

*Comparison Rates quoted are based on $10,000 for a term of 3 years for Travel Loans, $10,000 for a term of 3 years for unsecured car loans and All Purpose Loans and $30,000 for a term of 5 years for Secured New Car Loans, with monthly repayments. The Secured New Car Loan is a secured product. All other loan products quoted are unsecured.