Compare personal loans

Compare personal loans with Mozo to find the best loan for your needs. Compare hundreds of personal loans in a couple of clicks, and read personal loan reviews from customers around Australia.

Compare all personal loans

  • Search the personal loan market at a glance
  • Shortlist your finalists to compare head-to-head
  • Apply for the product that best fits your needs
Compare all personal loans
 

Lowest rate personal loans

- based on comparison rate
  1. 8.90% 1. Newcastle Permanent
  2. 9.40% 2. Greater Building Society
  3. 9.70% 3. Savings & Loans
  4. 9.80% 4. Unicom
  5. 9.95% 5. Victoria Teachers Credit Union

Home Renovation Loan

ANZ Personal Loans

  • Both Variable Rate and Fixed Rate loan options
  • Loan term from 1 – 7 years. Spread your loan repayments over the period that best suits your needs and budget.
  • Get a response in 60 seconds
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Is your personal loan looking a bit sick? Give it a health check! Grab a free personalised report on the best loans for your situation.

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Most recent personal loan reviews

ANZ personal loans

  • Overall Rating

    6
  • Pricing

    3
  • Product Features

    6
  • Customer Service

    3
  • Convenience

    6
  • Trust

    4

I like that it is convenient and accessible. – Jayne from Victoria, an ANZ personal loan customer.   Reviewed about 14 hours ago

Westpac personal loans

  • Overall Rating

    -
  • Pricing

    10
  • Product Features

    10
  • Customer Service

    10
  • Convenience

    10
  • Trust

    -

I like the way the loan is streamlined to meet my needs. – David from Queensland, a Westpac personal loan customer.   Reviewed about 14 hours ago

BankWest personal loans

  • Overall Rating

    1
  • Pricing

    1
  • Product Features

    1
  • Customer Service

    1
  • Convenience

    2
  • Trust

    2

I would never use this bank again. I was so offended when they told me I couldn't have a personal loan because I had too much money saved for a personal loan in which I needed just 5000.00 to buy my car outright. – Chantellle from Western Australia, a BankWest personal loan customer.   Reviewed about 15 hours ago

See all personal loans reviews
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Personal loans information

Whether 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.

Comparing personal loans

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.

Once you have shortlisted the best personal loans for your needs, you can compare your chosen loans side-by-side to pick a winner.

Fixed rate vs variable rate loans

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.

Secured vs unsecured 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.

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.

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