Consolidation Loan
With no fees for extra repayments or early payouts as well as an easy online application process, our consolidation loan can get you back on track faster.
- From
- 13.99%
- 14.93% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Choose a loan term from one to seven years | 13.99% | 14.93% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Loan Application Fee Payable on application approval | Event | $150.00 |
| Processing Fee (Security) Payable on settlement | Event | $50.00 |
| Registration Fee (Security) Payable on settlement | Event | $6.00 |
| Personal Loan Service Fee Charged monthly · This fee is charged on the last day of each month during the loan term. | Ongoing | $10.00 |
Features
- Can make extra repayments. — Additional repayments.
- Quick approval process.
- Choice of 1-7 years. — Term
- Repayments Weekly, fortnightly, monthly. — Repayment frequency
- No exit fee.
- No early repayment fee.
- Digital banking
- Quick and easy online application.
Eligibility
- Residency statusAustralian residents only.
- Minimum age18
- Individuals onlyNot available for non personal borrowers.
- Individuals must have capacity. — Lending criteria.
- New/Used. — Purpose.
- Motor Vehicle/Motor Cycle. — Security
- Security may be required.
Constraints
- Minimum limit — $1,000.00
- Maximum limit — $250,000.00Secured by motor vehicle
- Maximum limit — $100,000.00unsecured
More Information
Published by Defence Bank under the Consumer Data Right · Last updated 15 March 2026 · Product ID 377 · View on CDR.gov.au