Frequently Asked Questions

What can I use a Personal Loan for?

You can use a Personal Loan for any worthwhile purpose. This can be anything from a holiday, education fees, unexpected bill payments or even a wedding. If you have any other needs, feel free to talk to us about it.

How can a Personal Loan help with other debts?

Debt consolidation enables you to roll all your current debts or loan repayments into the one Personal Loan. It makes it much easier to manage your finances, with one repayment to make either weekly, fortnightly or monthly – the choice is yours.

How much can I borrow?

You can borrow from as little as $3,000 for a personal loan and $5,000 for a car loan. The maximum amount depends on your situation and what you are borrowing the money for.

How long is the loan for?

With loan terms from 1 to 5 years (and even up to 7 years for a Personal Loan) you can choose what best suits your needs, whether you want to repay your loan faster or minimise your repayments over a longer term. The minimum term for your Personal Loan is two years, with a maximum of seven years, depending on the amount you wish to borrow.

How do I make the repayments?

You can choose from a variety of repayment methods, whatever is the easiest for you. Your options include Direct Debit, payments at Australia Post or via BPay. You can choose to make your repayments weekly, fortnightly or monthly, whatever best suits your needs.

Who can apply?

It's easy. As long as you are over 18 years of age, an Australian resident, have a good credit history and have a regular monthly income, you're eligible.

How long does it take?

Whatever you need your loan for it won't take long to apply. It takes about 15 minutes to apply online.

What do I need to apply?

• • Have an idea of how much you want to borrow and what you want to use the funds for
  • Your contact details - current address and your previous address if you have lived at your current address for less than 3 years
  • Your employment details – including your employers address and contact details
  • Income (before tax) and living expense details
  • Details of your assets, savings or investments
  • The repayment amounts and balances owing on any liabilities (including credit cards, store accounts, etc)
  • Recent tax information (if self employed)

How do I apply?

Apply online now.