---
title: "Secured Personal Loan — NOW Finance"
description: "Personal Loans from NOW Finance. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/now-finance/products/2e5b9984-0ddc-4865-9e32-c84953e3a8cc
source: "CDR Compare"
language: en-AU
last_updated: 2026-05-20T05:48:56.499Z
---

# Secured Personal Loan — NOW Finance

> Personal Loans from NOW Finance. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Personal Loans**

A secured personal loan offering the most competitive rates with loan amounts from $15,000 to $100,000 over terms of 18 months to 7 years. Secured by bill of sale on eligible assets including vehicles, motorcycles, caravans, and other approved security.

## At a glance

- **From:** 5.95% (5.95% comparison)

## Apply

Applications are handled by the provider: [Apply at NOW Finance](https://nowfinance.com.au)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Fixed · 18 months (Minimum annual percentage rate for this product. Fixed rate for the term of the loan. Interest calculated daily and charged monthly in arrears. · Excellent Credit) | 5.95% | 5.95% | — |
| Fixed · 18 months (Minimum annual percentage rate for this product. Fixed rate for the term of the loan. Interest calculated daily and charged monthly in arrears. · Very Good Credit) | 8.95% | 8.95% | — |
| Fixed · 18 months (Minimum annual percentage rate for this product. Fixed rate for the term of the loan. Interest calculated daily and charged monthly in arrears. · Good Credit) | 13.45% | 13.45% | — |
| Fixed · 18 months (Minimum annual percentage rate for this product. Fixed rate for the term of the loan. Interest calculated daily and charged monthly in arrears. · Average Credit) | 16.25% | 16.25% | — |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Establishment fee | Upfront | $0.00 |
| Monthly fee — Charged monthly | Ongoing | $0.00 |
| Early repayment fee | Exit | $0.00 |
| PPSR fee | Upfront | $0.00 |

## Features

- **Extra repayments** (Extra repayments and lump sum repayments allowed without penalty)
- **Digital banking** (Full online application with electronic ID verification and digital contract acceptance)
- **Notifications** — Online application progress notifications and status tracking available
- **Fraud protection** (Comprehensive fraud protection measures in place)
- **Available for cars, motorcycles, motor homes, and reduced emissions vehicles** — Motor Vehicles
- **Available for both new and used car purchases** — Vehicle Purchase
- **Available for consolidation of existing debts** — Debt Consolidation
- **Available for home renovations and improvements** — Home Improvements
- **Available for green loans including EVs, PHEVs, solar panels, battery packs, heat pump hot water systems, double glazed windows, EV charging systems, and rainwater tanks** — Green Purposes
- **Available for caravans and marine vessels** — Recreational Vehicles
- **Available for holidays, weddings, education expenses, medical or funeral costs** — Personal Use
- **Loan is secured by an eligible asset. Maximum vehicle age of 21 years applies.** — Secured by Bill of Sale
- **Repayments can be made weekly or fortnightly as preferred** — Flexible Repayment Frequency
- **Security swap allowed with no fee** — Security Swap

## Eligibility

- **Minimum age** — 18 years (Applicant must be at least 18 years old)
- **Individuals only** (Available to individual persons only)
- **Residency status** — Australian Resident (Applicant must be an Australian resident with proof of residency)
- **Employment status** — Full-time, Part-time, Casual, Self-employed (Available to full-time, part-time, casual, and self-employed applicants. Self-employed applicants must have minimum 2 years of self-employment.)
- **Bank statements required. Acceptable proof of income: 90 days bank statements or most recent payslip (employed); Last notice of assessment, 90 days bank statements, potentially BAS (self-employed).** — Documentation
- **Motor vehicle comprehensive cover and third party cover required for vehicle security** — Insurance

## Constraints

- **Minimum limit** — $15,000.00 (Minimum loan amount of $15,000)
- **Maximum limit** — $100,000.00 (Maximum loan amount of $100,000)
- **Minimum loan term of 18 months** — P18M
- **Maximum loan term of 7 years** — P7Y
- **Maximum age of vehicle allowed for security is 16 years** — 16 years

## More information from NOW Finance

- [Overview](https://nowfinance.com.au)
- [Terms & conditions](https://nowfinance.com.au/legal-and-policies/)
- [Eligibility](https://nowfinance.com.au/legal-and-policies/target-market-determination-now-finance-secured-personal-loan/)
- [Fees & pricing](https://nowfinance.com.au)

## Data provenance

- Published by NOW Finance under the Consumer Data Right
- Product ID: `2e5b9984-0ddc-4865-9e32-c84953e3a8cc`
- Last updated by the provider: 20 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/now-finance/2e5b9984-0ddc-4865-9e32-c84953e3a8cc
- Provider page: https://www.cdrcompare.au/brands/now-finance

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/now-finance/products/2e5b9984-0ddc-4865-9e32-c84953e3a8cc) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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