Get $50 off your next Cellarmasters wine purchase when you spend $120 or more
We will never sell your personal details and you can unsubscribe at any time. Privacy Policy
Compare hundreds of personal loans in one quick step
Go!Find out if you can save by switching to a cheaper loan
Go!
Get your personal loan questions answered by the money mavens on Mozo Answers.
See all personal loans questions
variable rate
comparison rate
fixed 1 year rate
comparison rate
think three times
A personal loan is a big mistake that follows you everywhere. Unless you can make money out of it. Keep away from it. Full review
A personal loan is a big mistake that follows you everywhere. Unless you can make money out of it. Keep away from it.
Was this review helpful?
Yesvariable rate
comparison rate
fixed 1 year rate
comparison rate
Simple and quick approval
Easy to apply online if you're an existing customer. Approval very prompt. Great re-draw facility and internet banking facilities as well. Full review
Easy to apply online if you're an existing customer. Approval very prompt. Great re-draw facility and internet banking facilities as well.
Was this review helpful?
Yesfixed 1 year rate
comparison rate
variable rate
comparison rate
I do not even bank with Commonwealth but they took the chance to give me a loan. Staff are really nice with a sense of humor too! Have been recomending people who want a personal loan to commonwealth without a second thought. They don't try and fo... Full review
I do not even bank with Commonwealth but they took the chance to give me a loan. Staff are really nice with a sense of humor too! Have been recomending people who want a personal loan to commonwealth without a second thought. They don't try and force you to swap banks they give you the option and when you decline they don't keep pushing you. Cons: Suprisingly none.
Was this review helpful?
YesWhether you're after a loan to finance a major purchase, take a holiday, fund a renovation or simply consolidate debt, Mozo can guide you through the personal loans maze.
Our nifty personal loans comparison tools help you find the right loan for your needs. You can also get the inside story on everything from customer service to hidden fees with personal loan reviews by the Mozo community.
Personal loans come in all shapes and sizes, so it pays to do your homework to find the best personal loan for your needs. Our loans database lets you compare personal loans rates and fees with ease, and covers all the major providers.
You can quickly filter and compare personal loans according to the features you want, such as variable rate loans, fixed rate loans, the ability to make extra repayments, and so on.
Find more information here on:
Consolidation personal loans
Low rate personal loans
Cheap personal loans
Once you have shortlisted the best personal loans for your needs, you can compare your chosen loans side-by-side to pick a winner.
Before you compare personal loans, it helps to work out what sort of loan features you want. The first decision is whether to get a fixed rate or variable rate personal loan.
Fixed rate loans are ideal if you want the security of knowing that your interest rate, and therefore your monthly repayments, will remain the same for the life of the loan. On the downside, you will not benefit from any falls in interest rates over the loan period.
Fixed loans can also be less flexible than variable rate personal loans, which generally have added features such as the ability to pay off your loan faster by making extra repayments on top of your normal monthly payments.
To avoid getting stuck with a loan that isn't right for your needs, be sure to check features as well as rates and fees when you compare personal loans.
Another decision to make when you compare personal loans is whether to get a secured or unsecured loan.
Unsecured personal loans are more flexible as they do not require you to secure the loan against an existing asset such as a house or a car. More info on unsecured loans.
Secured loans are generally used to finance larger loan amounts such as the purchase of a new car, where the loan is secured against the car itself. More info on secured.
Before you commit to a personal loan, it's important to crunch the numbers and work out a realistic budget and repayment plan. Plug the numbers into Mozo's repayment calculator to make sure that you can afford the repayments.
Also compare the cost of two loans with our personal loan comparison calculator.
This page is about personal loans - skip over here for business loans.
Highest rated personal loans- as voted by the Mozo Community (rating out of 10)
Stay on top of your personal loan with our handy guides, helping you to manage your borrowings and bag the best deal.
*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rate displayed is for $30,000 over 5 years, and applies only to this example. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Follow Mozo on: