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Latitude Unsecured Personal Loan

Advertiser disclosure
Interest rate from
7.99% 22.99% p.a.
Comparison rate from
9.24% 24.15% p.a.based on $30,000
over 5 years
Upfront fee
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Mozo editorial review Latitude Unsecured Personal Loan - last updated: 4 December 2020

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What's hot
  • Flexible repayment schedule and extra repayments available
  • Loans starting from $3,000
What's not
  • Monthly admin fees
  • Early loan repayment penalties will apply if you pay off the loan within the first half of your loan term
Mozo snapshot

Are you after a fixed rate loan with plenty of flexibility? Then Latitude’s unsecured Personal Loan could be just for you. Loans start from $3,000 and depending on your credit score you could receive a rate as low as 7.99% (9.24% comparison rate*). You’ll also get a range of flexible features including an extra repayments facility and your choice of repayment frequency.

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Key features

The great thing about Latitude’s Unsecured Personal Loan is you don’t need an asset like a vehicle to sign that dotted line, making the whole application process that little bit easier.

Latitude Personal Loan amounts can start from as little as $3,000, and there’s no limit on how much you can apply for. Another plus is that you can choose your repayment schedule and the actual day you’re expected to make repayments (aka making it easy to time it with when your employer pays you).

One potential downfall with this loan is that you can’t access extra repayments through a redraw facility. But then again, that might be a good thing if you need the discipline to cut down that debt.

If you really hit the extra repayments hard and pay your balance off in the first half of your loan term, there is a $300 early termination fee to consider. The good news is that you don’t get charged a fee for paying off your loan in the second half of your agreed term.
Who is it good for

Customers after a flexible personal loan, with a fixed rate attached for repayment stability over the loan term.

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Any catches

If your credit score isn’t in good shape, it’s worth keeping in mind that while interest rates for this loan start at 7.99% (9.24% comparison rate*) they can be as high as 22.99% (24.15% comparison rate*).


Rates and fees information correct as at 19 October 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.


7.99% 22.99% p.a. fixed

9.24% 24.15% p.a.based on $30,000
over 5 years






$300 in first half of loan, $0 in second half.

Other financial bits



1 Year

7 Years



Weekly, Fortnightly, Monthly



To receive minimum rate applicants be a new Personal Loan customer. Application fee is $140 for loans under $5,000.


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.

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