Unsecured personal loan
Borrow without using an asset as security.
Keep in mind: Repayment obligations remain. Compare fees, interest and the full cost.
Explore this option →Personal · A CLEARER STARTING POINT
Secured Personal Loan
Put an asset you own behind a personal finance request, with a clear view of the costs and responsibilities.
Explore the information first. Our team can help you understand the next step.
Your initial profile review won’t affect your credit score.
How credit checks work
The initial review does not involve a hard credit enquiry. If you choose to proceed, a formal credit application may involve a hard enquiry, which can affect your credit score.
THE ESSENTIALS
Your finance essentials.
Start with what you want to achieve, the amount you have in mind and your household budget. Our team can review the details and discuss possible pathways with you.
- Purpose
- Personal plans where you want to discuss using an accepted asset as security.
- How it works
- The finance provider takes security over an accepted asset alongside the repayment agreement.
- Security to understand
- The finance provider takes security over an accepted asset. That asset may be sold if repayments are not met.
- Costs to compare
- Compare the interest rate, applicable comparison rate, fees, term and total repayments. Ask about early payout charges.
A LITTLE MORE CLARITY
Understand the structure, not just the repayment.
These explanations help you understand the differences. They do not select a product for you.
Explore related funding structures
Debt consolidation
Replace selected debts with a new loan, if approved.
Keep in mind: A smaller repayment over a longer term can cost more overall.
Explore this option →A situation you might recognise
ILLUSTRATIVE EXAMPLE
You own an asset and want to understand the trade-offs of offering it as security.
The team would discuss the purpose, information available, costs and repayment obligations before any next step. This illustration is not a client story, offer or approval.
Before you decide
The asset could be sold if you do not repay. Compare the full cost as well as the rate.
ASIC Moneysmart: personal loans ↗GETTING READYA little preparation.
A little preparation.
A better conversation.
You don’t need to have every answer before contacting us. Start with your goal and our team will explain what information is needed.
For this particular request
Asset ownership, estimated value and any finance already owing.
If you are employed
- Recent payslips and the details of your employment.
- Income statements and evidence of regular commitments, as requested.
If you work for yourself
- Available tax returns, accounts, BAS or business statements.
- How you pay yourself, seasonal changes and existing commitments.
Self-employed consumer finance: accountant’s letter option
Self-employed and applying for a car for personal use, a personal loan or another eligible consumer purpose? If your last two years of tax returns are not yet complete, an accountant’s letter may be accepted as the income document for eligible finance options.
Ask our team about an accountant-letter-only income verification option. Identification and other standard application information may still be required. Availability is subject to product criteria, assessment and approval.
These are conversation checklists, not the final application requirements. Our team will confirm the relevant records and periods.
What should I tell the team?
Your goal, preferred timing, and any circumstances you would like us to understand. Share sensitive documents only through a verified, approved process.
NO GUESSWORK REQUIRED.
Your questions, welcome.
What if I sell the asset before the loan is repaid?
Confirm the payout and security-release process before agreeing to a sale. The sale price may not cover the remaining debt and costs. Selling the asset does not by itself remove your repayment obligations.
What does using an asset as security mean?
The finance provider takes security over an accepted asset. If you do not repay, that asset may be sold to recover the debt. Understand this risk before proceeding.
Which asset details should I have ready?
Tell us what you own, its approximate value and whether finance is already owing. The finance provider decides which security it will accept.
Will a secured loan always cost less?
Do not assume it will. Review the rate, fees, term and total repayment cost, along with the risk to the asset.
What rate and fees would apply to me?
These depend on the product and your individual assessment. Ask for the rate, fees, repayment schedule and total cost in the proposed terms before deciding.
Can I start with a quick question?
Yes. Choose the short enquiry to share your goal and contact details, or take the full application path if you have more time. The team can clarify what is needed next.
Still wondering about something?
Share a little about your plans, or complete the full application if you’re ready.
Choose how to get started →