Your Questions, Answered
We know borrowing can raise a lot of questions, and we’re here to help. From loan terms to interest rates, repayments to eligibility, our FAQs cover all sorts to help you make confident, informed decisions. Explore the answers below or reach out to our team if there’s anything else you’d like to ask.
Minutes to apply.
Approval subject to responsible lending inquiries.
The amount you can borrow depends on your income, expenses, and what you can comfortably afford to repay. It’s worked out based on your financial situation.
Interest rates vary based on factors like your credit profile, income, and financial history. A good credit profile may mean a lower rate, but rates depend on your circumstances.
Current fixed interest rates range from 7.95% p.a. to a maximum of 29.95% p.a. on a minimum 12 month to a maximum 60-month loan term. The actual interest rate charged to you will depend on your circumstances, the type of lending required, the security provided, and the lender.
Fees include Establishment Fees and Introducer Fees, and sometimes ongoing account or other fees. Review all fees upfront so you know what to expect before applying.
Loan terms typically range from one to five years, depending on the loan type and what works best for your budget and timeline.
Yes, most loans allow early repayments or lump-sum payments, but some lenders may charge early repayment fees and apply other limitations. It’s best to check this before settling.
Exploring your options doesn’t impact your credit. Only when you proceed with a lender and a full credit check is done will it be recorded on your credit file.
Personal loans can cover a wide range of needs—from travel, weddings, and education to home improvements or consolidating existing debt into one repayment.
Debt consolidation combines multiple debts into one repayment. It can simplify your finances, reduce stress, and may lower interest or fees—depending on your terms, fees, and profile. Lower repayments from a longer term can mean more interest overall. Approval is subject to lending criteria and responsible-lending (affordability) checks. Fees apply.
Vehicle loans cover cars, boats, motorbikes, and caravans—or even repairs and upgrades. If it has wheels or floats, a vehicle loan can help make it happen.
Timeframes vary but with complete information, approval can be same-day. Approval is subject to meeting lending criteria, and affordability test applies. Once approved and all documents signed, funds are often available the same or next day (depending on the lender’s process).
If you miss a repayment, it’s important to contact your lender right away. Fees may apply, and it could impact your credit score, so communication is key.
Loans can be either secured (using an asset like a car as collateral) or unsecured. The right choice depends on your financial situation and preferences.