What do you need the loan for?
Commitment free • No impact on credit score • ACL 536690
Representative example
- Loan amount
- $30,000
- Loan term
- 5 years
- Interest rate (APR)
- 9.99% p.a.
- Comparison rate
- 10.54% p.a.
WARNING: The comparison rate shown is 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. This information is general in nature and does not take into account your personal financial situation, needs or objectives. Credit assistance is provided by Braid Finance Pty Ltd (ABN 80 638 771 007), Australian Credit Licence #536690.
Personal Loan FAQ
Personal loans can be used for debt consolidation, home renovations, medical expenses, travel, weddings, education costs, and other major purchases. Our brokers will match you with a lender that suits your purpose.
Personal loans typically range from $5,000 to $75,000 depending on the lender, your income, and your credit history. Loan terms are usually between 2 and 7 years.
Not necessarily. Unsecured personal loans are available, though secured loans (backed by an asset like a vehicle) usually offer better terms. Our brokers can advise which option suits your situation.
Debt consolidation combines multiple debts (credit cards, personal loans, buy-now-pay-later) into a single loan with one repayment. This can simplify your finances and potentially reduce your overall interest costs.
Many personal loan applications are assessed same-day. Once approved, funds can be available within 1 to 3 business days. The speed depends on the lender and how quickly you provide the required documentation.
By submitting this form, you consent to being contacted by a finance broker from Braid Finance (ACL 536690) regarding your enquiry. This is not an application for credit and will not impact your credit score.