Top ways to get a cheap personal loan

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Whether it’s time to consolidate high interest debt, tick off that bucket list holiday, pay for your wedding or give your home the facelift it needs, a personal loan is a great option for those looking to borrow a lump sum of money.

Cheaper than most forms of credit and featuring convenient monthly installments, a personal loan is not only a fast and efficient way to get those big ticket items you just can’t afford, but most are unsecured, which means you won’t have to put any collateral against the loan you’re taking.

With a myriad of lenders in the market offering some great deals, now’s the right to compare and see if a personal loan is the right option for you

Compare personal loans - rates updated daily

  • Promoted

    Symple Loans

    Symple Loans

    Personal Loan (Variable, Unsecured)

    5.75% p.a.to 19.99% p.a.

    6.89% p.a.to 23.07% p.a.based on $30,000
    over 5 years

    $300.00upfront and $10.00/month

  • Promoted

    Latitude

    Latitude

    Low Rate Personal Loan (Fixed, Secured)

    9.99% p.a.

    11.22% p.a.based on $30,000
    over 5 years

    $250.00upfront and $13.00/month

  • Promoted

    Harmoney

    Harmoney

    Unsecured Personal Loan (Fixed)

    6.99% p.a.to 28.69% p.a.

    7.69% p.a.to 29.55% p.a.based on $30,000
    over 5 years

    $500.00upfront and $0.00/month

  • Promoted

    OurMoneyMarket

    OurMoneyMarket

    Low Rate Personal Loan (Excellent Credit) (Fixed, Unsecured)

    8.00% p.a.

    8.21% p.a.based on $30,000
    over 5 years

    $150.00upfront and $0.00/month

  • Promoted

    People's Choice Credit Union

    People's Choice Credit Union

    Discounted Personal Loan (over 10k, Fixed, Secured)

    7.99% p.a.

    8.35% p.a.based on $30,000
    over 5 years

    $250.00upfront and $0.00/month

  • Promoted

    RateSetter

    RateSetter

    Unsecured Personal Loan (Variable)

    6.89% p.a.

    8.89% p.a.based on $10,000
    over 3 years

    $299.00upfront and $0.00/month

  • Promoted

    ING

    ING

    Unsecured Personal Loan (Fixed)

    8.99% p.a.

    9.13% p.a.based on $30,000
    over 5 years

    $100.00upfront and $0.00/month

  • Promoted

    Heritage Bank

    Heritage Bank

    Low Rate Secured Personal Loan (Variable)

    4.69% p.a.

    7.16% p.a.based on $10,000
    over 3 years

    $200.00upfront and $5.00/month

^ 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 rates displayed are for the amounts and terms below, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. ^ Based on $10,000 over 3 years ^^ Based on $30,000 over 5 years

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