Personal Loans

Personal loan amounts commonly range from around $5,000 to $50,000, though the exact figure depends on your income, expenses and credit profile. We compare lenders on our panel to find the amount and rate that genuinely fits your budget rather than stretching your repayments.

It can be either. A secured personal loan uses an asset such as a car as collateral, which usually means a lower rate; an unsecured loan needs no security but often carries a higher rate. We'll walk you through both against your situation.

Almost any worthwhile purpose — debt consolidation, home improvements, medical or dental costs, a wedding, travel, or a major purchase. Lenders may ask the purpose, and consolidating higher-interest debts into one repayment is one of the most common and sensible uses.

Often, yes. Some lenders on our panel specialise in applicants with past defaults or a thin credit file, particularly for secured loans. The rate may be higher, so we focus on finding a manageable approval rather than accepting the first offer that comes back.

Straightforward applications can be approved within a day or two once your ID, income and expense details are in. Having recent payslips or bank statements ready speeds it up — and we handle the lender back-and-forth so you're not chasing paperwork.