personal-loans

Personal Loan

Better Money Lenders: better loans for realising your life dreams.

They say it doesn’t buy love or happiness, but money is essential to achieving our aspirations. A personal loan might be the solution for you. Our personal loan brokers will find a lending solution that fits your specific needs.

Personal loans can cover the costs of your dream holiday, your wedding, a home renovation, education or other major life events.

A Personal Loan can also be used to consolidate debts into one single affordable payment, known as Debt Consolidation.

There are two types of personal loans:

  1. Secured personal loan: the lender uses the goods you are purchasing as security against your loan.
  2. Unsecured personal loan: no security is offered against the loan.

Features of a personal loan:

  • Based on your credit history a personalised interest rate is tailored to you
  • Borrow from $5,000 to $50,000
  • A range borrowing terms is available to suit you i.e. 2,3,5 or 7 years
  • A choice of fortnightly or monthly repayments
  • There is normally one setup fee and no ongoing charges
  • Interest rates are usually fixed on secured loans and may be fixed or variable on unsecured loans
  • Option to make additional payments
  • You can payout the personal loan early with minimal break fees applied