Secured Personal Loan
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.
- From
- 5.95%
- 5.95% comparison
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
Eligibility
- Minimum age — 18 yearsApplicant must be at least 18 years old
- Individuals onlyAvailable to individual persons only
- Residency status — Australian ResidentApplicant must be an Australian resident with proof of residency
- Employment status — Full-time, Part-time, Casual, Self-employedAvailable 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 — $15,000.00Minimum loan amount of $15,000
- Maximum limit — $100,000.00Maximum 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
Published by NOW Finance under the Consumer Data Right · Last updated 20 May 2026 · Product ID 2e5b9984-0ddc-4865-9e32-c84953e3a8cc