Personal loan providers in Sydney, and across the Australia range from big banks such as NAB and Westpac to credit unions like CUA. But you’ll also find a host of online lenders and peer to peer providers in our comparison tables so no matter who you want to borrow from, we’ve got you covered.
Sydneysiders can use a personal loan for a variety of reasons. Maybe you need to bolster your holiday budget, fund a car shopping spree or just want to crush some debt - no matter what your specific money need, there is a personal loan in our database that is just right for you.
Even though you live in Sydney, the great news is that with most banks and personal loan providers now having an online presence you don’t have to be physically in Sydney to get the best interest rates. Many of the providers listed on our website allow you to apply for your loan entirely online. You’ll still need to submit documents that prove your identity and income but this too can now be done online. You can apply direct with providers on our site where you see the blue “go to site” button.
Fixed
Terms from 2 to 7 years. Representative example: a 5 year $30,000 loan at 5.95% would cost $34,757.21 including fees.
Pay ZERO fees on loans up to $50,000 with NOW Finance. With no establishment fee, ongoing fees or early payout fee. What’s more, get your guaranteed, tailored interest rate in two minutes with no impact on your credit score! Winner of Mozo's Experts Choice Unsecured Personal Loan 2021 award.
Pay ZERO fees on loans up to $50,000 with NOW Finance. With no establishment fee, ongoing fees or early payout fee. What’s more, get your guaranteed, tailored interest rate in two minutes with no impact on your credit score! Winner of Mozo's Experts Choice Unsecured Personal Loan 2021 award.
Read our Mozo Review to learn more about the NOW Finance No Fee Unsecured Personal Loan
Excellent Credit, Fixed
Terms from 2 to 3 years. Representative example: a 3 year $10,000 loan at 6.99% would cost $11,114.11 including fees.
Be rewarded for your good credit history with low rates. Plus there are no ongoing fees and you can pay off your loan with no early repayment penalties. Simply apply online and get a quote in minutes.
Be rewarded for your good credit history with low rates. Plus there are no ongoing fees and you can pay off your loan with no early repayment penalties. Simply apply online and get a quote in minutes.
Read our Mozo Review to learn more about the SocietyOne Unsecured Personal Loan
Variable, Unsecured
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 5.75% would cost $35,190.18 including fees.
Get a personalised rate quote in just 2 minutes, apply in just 7 minutes. Money transferred to your account the next business day. No exit or early repayment fees. Borrow up to $50,000.
Get a personalised rate quote in just 2 minutes, apply in just 7 minutes. Money transferred to your account the next business day. No exit or early repayment fees. Borrow up to $50,000.
Read our Mozo Review to learn more about the Symple Loans Personal Loan
Fixed
Terms from 3 to 5 years. Representative example: a 5 year $30,000 loan at 6.49% would cost $35,405.64 including fees.
Low personalised rates, ideal for borrowers with excellent credit. No monthly account fees, no early payout fees, so you can pay off your loan sooner. Borrow between $5,000 and $63,000. Easy online application, receive a response in minutes and approved funds within 24-48 hours!
Low personalised rates, ideal for borrowers with excellent credit. No monthly account fees, no early payout fees, so you can pay off your loan sooner. Borrow between $5,000 and $63,000. Easy online application, receive a response in minutes and approved funds within 24-48 hours!
Read our Mozo Review to learn more about the Wisr Unsecured Personal Loan
Fixed
Terms from 1 to 5 years. Representative example: a 5 year $30,000 loan at 6.99% would cost $36,208.67 including fees.
Fast, easy and 100% online, this is a low cost loan with no ongoing fees or extra repayment penalties. It's perfect for savvy borrowers with great credit. If you’re over 18 and earn above $30,000, you'll likely qualify.
Fast, easy and 100% online, this is a low cost loan with no ongoing fees or extra repayment penalties. It's perfect for savvy borrowers with great credit. If you’re over 18 and earn above $30,000, you'll likely qualify.
Read our Mozo Review to learn more about the Harmoney Unsecured Personal Loan
Fixed, Unsecured
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 12.69% would cost $41,270.45 including fees.
Get same day approval on flexible personal loans from $5,000 to $55,000 on 1-7 year loan terms with NAB. Enjoy no fees for extra early repayments and get funds in your account fast. To be eligible you must be over 18 and be an Australian resident.
Get same day approval on flexible personal loans from $5,000 to $55,000 on 1-7 year loan terms with NAB. Enjoy no fees for extra early repayments and get funds in your account fast. To be eligible you must be over 18 and be an Australian resident.
Read our Mozo Review to learn more about the NAB Personal Loan
Fixed
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 9.39% would cost $37,881.66 including fees.
No account keeping fees. Apply online and get a fast decision, normally within 24 hours. Winner of Mozo's Experts Choice Award for Australia's Best Large Credit Union 2020.
No account keeping fees. Apply online and get a fast decision, normally within 24 hours. Winner of Mozo's Experts Choice Award for Australia's Best Large Credit Union 2020.
Read our Mozo Review to learn more about the CUA Unsecured Personal Loan
Excellent Credit
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 6.75% would cost $35,580.23 including fees.
OurMoneyMarket offer competitive low rates on loans up to $50,000, plus free extra repayments and fee-free redraw facility. Winner of Mozo's Experts Choice Unsecured Personal Loan 2021 award.
OurMoneyMarket offer competitive low rates on loans up to $50,000, plus free extra repayments and fee-free redraw facility. Winner of Mozo's Experts Choice Unsecured Personal Loan 2021 award.
Read our Mozo Review to learn more about the OurMoneyMarket Low Rate Personal Loan
Fixed over 5 years
5 year term only. Representative example: a 5 year $30,000 loan at 6.99% would cost $35,633.67 including fees.
Be rewarded for your good credit history with low rates. Plus there are no ongoing fees and you can pay off your loan with no early repayment penalties. Simply apply online and get a quote in minutes.
Be rewarded for your good credit history with low rates. Plus there are no ongoing fees and you can pay off your loan with no early repayment penalties. Simply apply online and get a quote in minutes.
Read our Mozo Review to learn more about the SocietyOne Unsecured Personal Loan - Excellent Credit
Unsecured, Fixed, Excellent Credit
Terms from 3 to 5 years. Representative example: a 5 year $30,000 loan at 6.39% would cost $35,126.40 including fees.
With low rates for borrowers with excellent credit, a quick 1 minute rate estimate and simple online application, there’s a lot to love about this loan! You’ll not only benefit from no exit fees, there are also no early repayment fees. To qualify, simply earn above $25,000 and you’ll be on the way to start spending.
With low rates for borrowers with excellent credit, a quick 1 minute rate estimate and simple online application, there’s a lot to love about this loan! You’ll not only benefit from no exit fees, there are also no early repayment fees. To qualify, simply earn above $25,000 and you’ll be on the way to start spending.
Read our Mozo Review to learn more about the Plenti Personal Loan
Terms from 2 to 7 years. Representative example: a 5 year $30,000 loan at 4.45% would cost $33,516.53 including fees.
Pay zero fees on loans up to $100,000 with NOW Finance. With no establishment fee, ongoing fees or early payout fee. What’s more, get your personalised interest rate in two minutes with no impact on your credit score!
Pay zero fees on loans up to $100,000 with NOW Finance. With no establishment fee, ongoing fees or early payout fee. What’s more, get your personalised interest rate in two minutes with no impact on your credit score!
Read our Mozo Review to learn more about the NOW Finance No Fee Secured Personal Loan
^See information about the Mozo Experts Choice Personal loans Awards
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.
How much could you save by switching your personal loan? Compare savings from over 200 personal loans. Find out in a few clicks.
If you are looking to borrow money for a personal reason, like to purchase a new car, get married or even take a once in a lifetime holiday, then one of your best borrowing options could be a personal loan that you pay back over a period of time.
Of course when you’re borrowing money from a bank or other financial services provider like a peer to peer lender, you’ll be paying interest (and possibly fees) on any money that you borrow.
If this is your first time getting a personal loan or you’re just in need of a bit of a refresher course, we’ve outlined some of the key things you’ll need to consider below.
There are generally three main aspects to a personal loan; the interest rate, the fees and the loan features. We’ll go in each one a little more detail here:
TOP COMPARISON TIP: If you want to quickly know how much a particular personal loan charges in fees compared to another, check out the comparison rate displayed above. This will give you the true cost of a loan - including both the interest rate and any fees - so that you can properly compare personal loans.
One of the major decisions when taking out a personal loan is whether you want it to be on a fixed or variable interest rate. Fixed rates are generally higher than their variable compatriots because the lender is affording you the certainty of knowing exactly the rate you’ll pay over the life of the loan. And while you can usually snag a lower variable interest rate, there is the chance that it could go up - if funding costs go up, for example - at some point during your loan term, meaning your personal loan ends up costing you more than first anticipated. Choosing between these two is really up to you and the lender you choose to go with. If you’d like to know exactly what your monthly repayments will be, a fixed rate personal loan could be right for you.
That’s the million dollar question because your repayments will depend on, the interest rate, the loan term and your repayment frequency. Luckily for you, Mozo’s personal loan repayments calculator can give you a solid idea of whether or not you’ll be able to meet your weekly, fortnightly or monthly repayments based on the loan amount, term and interest rate you’re able to secure. Here’s how it works.
SCENARIO:
Sally is looking to escape Sydney for a few months and is setting off to South East Asia for a few relaxing weeks away. The trip will cost her $2,500 and after some research into the market, she has found a personal loan with an advertised interest rate of 8.50% that she plans on paying for three years. Using our personal loan repayments calculator, Sally finds out that she’ll have to contribute $79 a month to her repayments, amounting in $341 in interest over the three years.
Yes, personal loans can be used for renovations or property upgrades like landscaping, painting or even updating a 70’s Sydney kitchen. If you’ve already got a home loan however, you might want to consider refinancing as a finance option especially if you are looking to borrow a large amount.
In fact, if that’s the reason you’re in the market for some finance, why not read up on all things home renovation loans using our fact-filled guide.
The great news is that when it comes to getting a personal loan if you live in Sydney or anywhere in Australia for that matter is that you’ve got a tonne of choice. Generally personal loan lenders fall into three main categories:
Unfortunately, there is no surefire way to be certain a personal loan provider will give your application the all clear once you hit send. But in saying that, there are definitely a few steps to take beforehand that’ll give you the best possible chance of securing your funds quickly.
Applying for personal loans nowadays is quick and easy. While you can choose to visit a local Sydney branch of your chosen bank, you’ve also got the option of doing our application online. And if you’re opting for a peer to peer lender, this is the only option you’ll have as they don’t have physical branches around Sydney like other banks. When you apply for any loan you’ll generally need to provide the following info:
Of course. In fact, personal loan providers operate all over the country, so no matter where you live you can get your hands on the cash needed to tick off important life goals. Here at Mozo we compare loans all around Australia but if you want to do a city-based search you can also check out our Melbourne and Perth loan pages.
Excellent customer service in all areas. Highly skilled phone staff. Incredibly fast personal loan approval ($48000 towards my new preowned vehicle) for existing customer with a recent homeloan approval. Personal loan interest rates are seriously shabby and can be beaten elsewhere but if you get the (higher) variable option, you can pay it down hell for leather; they are quite flexible with their lending products. And their customer service is exemplary in my opinion. Just choose your products wisely and don't hock yourself to the eyeballs. Very convenient for existing customers. Good for female borrowers, whether working, retired, pensioners etc.
Read full reviewExcellent customer service in all areas. Highly skilled phone staff. Incredibly fast personal loan approval ($48000 towards my new preowned vehicle) for existing customer with a recent homeloan approval. Personal loan interest rates are seriously shabby and can be beaten elsewhere but if you get the (higher) variable option, you can pay it down hell for leather; they are quite flexible with their lending products. And their customer service is exemplary in my opinion. Just choose your products wisely and don't hock yourself to the eyeballs. Very convenient for existing customers. Good for female borrowers, whether working, retired, pensioners etc.
Its a bad joke, hidden fees / deceptive interest rates & sneaky brokerage. A network of lies.
Read full reviewIts a bad joke, hidden fees / deceptive interest rates & sneaky brokerage. A network of lies.
Terrible company to deal with, terrible customer service, not very flexible most certainly not helpful at all. Would not deal with them at all for anything ever again.
Read full reviewTerrible company to deal with, terrible customer service, not very flexible most certainly not helpful at all. Would not deal with them at all for anything ever again.
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