The details shown below are for a variable loan of at least $5,000
The details shown below are for a fixed loan of at least $5,000
Choose the version of this loan that suits you best
| Loan type | Name | Min loan amount | Max loan amount | |
|---|---|---|---|---|
|
|
Variable | Personal Loan (Variable) | $5,000 | |
|
|
Fixed | Personal Loan (Fixed) (Unsecured) | $5,000 |
Loan: $5,000
Loan: $5,000
Are you after a personal loan with plenty of flexibility? Then Latitude’s Personal Loan could be just for you. Loans start from $5,000 with terms from 2-7 years. You can choose between a fixed secured or fixed unsecured loan, these two options have different interest rates.
Rates are based on credit history and start from 5.75% p.a. (6.68% p.a. comparison rate*), going as high as 26.20% p.a. (30.22% p.a. comparison rate). Don’t want to wait around? After completing a super-simple application, Latitude offers a response in just 60 seconds.
The great thing about Latitude’s Personal Loan is that you can tailor it to your needs and preferences. Don’t want to put up collateral? No problem! You can choose between secured or unsecured loan options for your loan.
Loans start from $5,000 with terms from 2-7 years. The fixed unsecured loan comes with the starting rate of 7.75% p.a. (8.65% p.a. comparison rate*) and the variable unsecured loan starts at 5.75% p.a. (6.68% p.a. comparison rate*).
Both loans come with the reliability of the same repayment for the life of the loan. Another plus is that you can choose your repayment schedule - weekly, fortnightly or monthly.
Looking for answers ASAP? The Latitude application only takes 10 minutes to complete and then Latitude offers a response in just 60 seconds. Additionally, on the Latitude website, you can check your rate in under 2 minutes with no impact on your credit score.
There are fees associated with this loan, including an upfront application fee up to 5% of the loan amount and a $13 monthly service fee.
Borrowers who know what they want and have a good credit score and can access the low rates.
If your credit score isn’t in good shape, it’s worth keeping in mind that while interest rates for this loan start at 7.75% p.a. for the unsecured fixed loan (8.65% p.a. comparison rate*), it can be as high as 26.99% p.a. (30.22% p.a. comparison rate*).
|
Variable |
|
|
5.75% p.a.variable |
|
|
6.68% p.a.to 29.2% p.a.based on $30,000 |
|
$299.00 |
|
|
$13.00 |
|
|
$40.00 |
|
|
$0.00 |
|
|
0 |
|
$5,000.00 |
|
|
none |
|
|
2 Years |
|
|
7 Years |
|
|
Unsecured, Vehicle |
|
Weekly, Fortnightly, Monthly |
|
|
no |
|
|
no |
|
|
The establishment fee is added to the loan amount, ranging from 0%-5% of the amount based on credit rating. |
|
|
none |
WARNING: 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 calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. 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.
|
Fixed |
|
|
7.75% p.a.to 26.99% p.a. fixed |
|
|
8.65% p.a.to 30.22% p.a.based on $30,000 |
|
$299.00 |
|
|
$13.00 |
|
|
$40.00 |
|
|
$0.00 |
|
|
$500 up until the last 3 months of the loan term. |
|
$5,000.00 |
|
|
none |
|
|
2 Years |
|
|
7 Years |
|
|
Unsecured |
|
Weekly, Fortnightly, Monthly |
|
|
no |
|
|
no |
|
|
The establishment fee is added to the loan amount, ranging from 0%-5% of the amount based on credit rating. |
|
|
none |
WARNING: 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 calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. 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.
OurMoneyMarket
Low Rate Personal Loan
5.85% p.a.to 8.48% p.a.
6.47% p.a.to 8.84% p.a.based on $30,000
over 5 years
NOW Finance
Unsecured Personal Loan
5.95% p.a.to 19.95% p.a.
5.95% p.a.to 19.95% p.a.based on $30,000
over 5 years
Plenti
Unsecured Personal Loan (Fixed)
6.89% p.a.to 8.69% p.a.
6.89% p.a.to 9.81% p.a.based on $10,000
over 3 years
Harmoney
Unsecured Personal Loan
5.35% p.a.to 19.09% p.a.
6.14% p.a.to 19.99% p.a.based on $30,000
over 5 years
Wisr
Unsecured Personal Loan
6.95% p.a.to 17.95% p.a.
7.78% p.a.to 18.37% p.a.based on $30,000
over 5 years
Latitude
Personal Loan
5.75% p.a.to 25.99% p.a.
6.68% p.a.to 29.2% p.a.based on $30,000
over 5 years
NAB
Personal Loan (Variable, Unsecured)
6.99% p.a.to 18.99% p.a.
7.91% p.a.to 19.83% p.a.based on $30,000
over 5 years
loans.com.au
New Car Loan - Prime Special
6.09% p.a.
6.64% p.a.based on $30,000
over 5 years
Latitude
Personal Loan
5.75% p.a.to 25.99% p.a.
6.68% p.a.to 29.2% p.a.based on $30,000
over 5 years
NOW Finance
Unsecured Personal Loan
5.95% p.a.to 19.95% p.a.
5.95% p.a.to 19.95% p.a.based on $30,000
over 5 years
OurMoneyMarket
Low Rate Personal Loan
5.85% p.a.to 8.48% p.a.
6.47% p.a.to 8.84% p.a.based on $30,000
over 5 years
Plenti
Unsecured Personal Loan
6.39% p.a.to 7.49% p.a.
6.39% p.a.to 9.16% p.a.based on $10,000
over 3 years
Harmoney
Unsecured Personal Loan
5.35% p.a.to 19.09% p.a.
6.14% p.a.to 19.99% p.a.based on $30,000
over 5 years
Wisr
Unsecured Personal Loan
6.95% p.a.to 17.95% p.a.
7.78% p.a.to 18.37% p.a.based on $30,000
over 5 years
Latitude
Personal Loan
5.75% p.a.to 25.99% p.a.
6.68% p.a.to 29.2% p.a.based on $30,000
over 5 years
