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What our interest rates are

For unsecured loans our interest rates range between 5.95% and 26.99% (comparison rates range from 5.95% to 28.65%). For secured loans our interest rates range between 4.84% and 26.99% (comparison rates range from 5.89% to 28.65%). The rate you’ll be offered depends on our assessment of you as a borrower and the risk band that you fall into.

You might be offered one of our lowest rates if you have a strong credit history, excellent repayment history with existing debts, and a high credit score.

On the other hand, if we think your application is not as strong, the interest rate we offer you will be a little higher.

How we determine your interest rate estimate

We use information from your credit file, blended together with details from the short rate estimate form, and analyse all this information to determine an indicative rate just for you.

If you apply for a loan with us, we'll confirm your final interest rate when we finalise your credit assessment and verify your financial information.

How we charge interest

We calculate interest daily and it is charged each month on the anniversary of the loan. The interest is added to the loan balance.

Does the purpose of my loan affect my interest rate?

All of the information you provide will be used to determine your level of risk, which may include the loan purpose.

Why didn’t I get the 5.95% rate that you advertised?

The rate you’re offered depends on how we assess your situation. We analyse all the information available to determine an indicative rate just for you.

* The comparison rates on this page are based on a $30,000 personal loan over 5 years. WARNING: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

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