Get behind the wheel with a personal loan
Sometimes you need a little help to achieve your goals. Apply for a personal loan or car loan that's right on the money.
Secured loan
6.49
%
p.a.
Comparison rate
6.84
%*
p.a.
Looking for a loan?
Give your dream a little oomph with a personal loan
Make your once-in-a-lifetime moments memorable with a once-in-a-lifetime personal loan or car loan.
Smooth rates, smooth decision - it's easy to fall in love with our low rates.
Lock in your repayments - budgeting is simple with fixed rates for the life of the loan.
Shift gears on your repayments - say yes to unlimited extra repayments. Say no to penalties for paying your loan off sooner.
Park your payments - unexpected roadblocks? Take a pit stop from repayments when your account is in advance.
Secured Loan
Your budgeting is a cinch with our fixed interest personal loan. Know exactly what you'll pay each month for the life of the loan.
| Personal Loans & Car Loans |
Interest rate | Comparison rate* |
|---|---|---|
| Secured Loan | 6.49% p.a. | 6.84% p.a. |
| Unsecured Loan | 8.99% p.a. | 9.35% p.a. |
| Application fee | $250 |
Personal and car loan fees and charges (PDF | 38kb)
| Repayments | Minimum monthly principal and interest repayments with weekly and fortnightly options available. |
| Additional repayments | Accepted |
| Ongoing account keeping fees | No |
How can we help you?
FAQs
Simply complete the enquiry form.
Our team will be in touch within 3 business days to go through your next steps.
In the meantime, you can get your information ready for when they reach out.
You're eligible to apply for a personal loan if you:
- Are at least 18 years old
- Live in Australia and are an Australian citizen, Australian permanent resident, or New Zealand citizen
- Meet the minimum income requirements
- Are employed or have a regular income
- Have a good credit rating.
Terms, conditions, fees, credit criteria and charges apply.
After completing your enquiry, get these documents ready to help speed up the process once a lender contacts you:
- Identification documentation
You'll need to identify yourself when you apply for a personal loan. Find details of acceptable documents here.
- Proof of income
You'll supply your payslips, your most recent personal tax return, or payment summaries.
Other evidence of income or additional documentation may be required.
- Savings history and deposit details
It's important to demonstrate your ability to meet your regular financial commitments.
Provide copies of your account statements or any other supporting evidence of your savings to support your personal loan application.
- Existing financial obligations, e.g., loans and bills
Details of your other commitments and loans are necessary for your personal loan approval.
How you managed your last or current loan, together with how much you're currently repaying is important.
Terms, conditions, fees, credit criteria and charges apply.
If you’ve ever applied for a loan or a credit card, or had a utility bill in your name, there should be a credit report you can access. You have the right to get a free copy of your credit report every 3 months from each of the main credit reporting agencies. You can also get your credit score for free from many online providers that use data from these agencies:
- Equifax (credit report and score)
- Experian/Illion (credit report and score)
- GetCreditScore and similar services (score and summary only, powered by a bureau).
The reports are usually available within a day or so, sometimes minutes, but you’ll have to enter in identifying information such as your name, driver license, address and other details depending on which credit reporting agency it is.
Personal loans have a $250 application fee. This fee is only payable after you've been approved.
You could pay your loan off faster, because there are:
- No account-keeping fees
- No early repayment penalties
- No restrictions on additional repayments.
Personal loans are a good option for those once-in-a-lifetime expenses. This includes renovations, weddings, honeymoons, dream overseas trips, and debt consolidation.
Personal loans are not suitable for recurring expenses like groceries, bills, or Christmas presents. Our Value+ Credit Card might be a better option for recurring expenses.
Terms, conditions, fees, credit criteria and charges apply.
With secured loans, you use an asset (e.g., your car, motorbike, or term deposit) as collateral for the loan. Because of the collateral provided, you'll usually have a lower interest rate.
With unsecured loans you won't have to provide any asset as security, but you may expect a higher interest rate.
Terms, conditions, fees, credit criteria and charges apply.
You can either use an asset you're buying with the loan (e.g., a new car), or an asset you already own (e.g., your car, motorbike, or term deposit).
Terms, conditions, fees, credit criteria and charges apply.
After more support?
Popular car and personal loan tips
Get in touch
Make an enquiry
Get in touch with us online, and we'll get back to you as soon as possible.
Visit your branch
Find the Newcastle Permanent branch that's closest to you.
Terms, conditions, fees, charges and credit criteria apply.
*The Comparison Rate for personal loans is calculated on loan amount of $30,000 for a term of 5 years based on monthly repayments. WARNING: This comparison rate 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.