3.1 / 10

based on 25 reviews as rated by Mozo community

Liberty personal loans

Liberty has been providing home loans, personal and business loans to thousands of Australians since 1997. If you’re looking for an alternative lender to finance that new car or next holiday, scroll down for the lowdown on Liberty’s two personal loan types.

Liberty offers the following personal loans

Rates and fees verified as correct at 30 November, 2020. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate from Comparison rate from Upfront fee  
Drive Car Loan (Fixed, Secured)

6.49% p.a.

8.58% p.a.based on $30,000
over 5 years


Drive Car Loan (Variable, Secured)

6.49% p.a.

8.58% p.a.based on $30,000
over 5 years


Personal Loan (Fixed, Unsecured)

6.45% p.a.to 26.99% p.a.

6.45% p.a.to 26.99% p.a.based on $30,000
over 5 years


Go to site

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.

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.

Liberty Personal Loans Overview

Variable rate car loan

If you’re in need of a car upgrade quicksmart, Liberty can approve you for a loan in minutes. There’s a fairly high signup fee to begin with, but zero monthly fees to follow. The Liberty car loan has a variable rate, which means it can change at any point. With this loan you tie your vehicle to it as security and in return score a low, competitive rate. The car price tag can range from $5,000 to $100,000 and be repaid on a loan term of two to seven years (but if you are under 23, the max you can borrow is $35,000). Liberty is fine with you making extra loan repayments, just be mindful there is no redraw facility. If you decide to wipe off your debt early early, you may incur a small discharge fee.

Unsecured personal loan

Dubbed the “Personal Best” loan, this Liberty unsecured loan has similar features to a line of credit because you only pay interest on the money you use. Unlike the Liberty variable car loan it has a low fixed rate. The loan limit you set with Liberty can range from $5,000 to $50,000 on a term between one and seven years. You can opt in for a personal loan debit card for spending on-the-go, which can suit borrowers on holidays or those planning a wedding. Extra repayments are free and you can redraw from them too. There are no fees with Liberty’s personal best loan except for a signup cost.

Liberty personal loan features at a glance

How do you apply for a Liberty personal loan?

Lucky for you there is no paperwork involved with Liberty personal loan applications. Just fill out the online form and Liberty will let you know whether you’ve been approved within minutes. For questions ring the freecall number listed on its site or click the live chat icon.

To apply for a personal loan with Liberty you will need:

We don't have any reviews of Liberty, be the first to write one

How are Liberty personal loans rated?

Mozo users have rated Liberty personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of personal-loans
Liberty personal loans
Customer service

1 Reviews