Personal Loans for
Any Purpose

Personal loans can be used for almost any legal purpose — debt consolidation, home renovations, medical expenses, travel, weddings, education, car purchases and more. Some lenders restrict certain uses (e.g. gambling or business purposes) so it’s important to be upfront about your intended use.

Credit requirements vary by lender. Some require a good credit score (above 600), while others will consider applicants with lower scores or past credit issues. We’ll match you with the lender most likely to approve your application without making unnecessary credit enquiries.

Many personal loans settle within 24-48 hours of approval. Some lenders offer same-day funding for urgent situations. The speed depends on how quickly documents are provided and the specific lender’s processes. Dean will give you an honest timeframe from the start.

Most personal loans allow early repayment, but some lenders charge break fees or early exit fees. We’ll always disclose any such fees upfront so you can compare the true cost across products. We prefer lenders with no early exit fees where possible.

Personal loan rates in Australia typically range from around 7% to 25%+ p.a. depending on your credit profile, income, the lender and loan amount. The better your credit history and financial situation, the lower the rate you’ll typically qualify for. We’ll find the best available rate for your specific profile.