In this guide

  • Review
  • Details
    • Product details
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.

ANZ Unsecured Car Loan

  • Avatar
ANZ Unsecured Car Loan

This product is not currently available via Finder. Visit the provider's website directly, or compare other options.

Compare other options
Application Fee
$150
Interest Rate (p.a.)
From 15.99% (variable)
Comparison Rate (p.a.)
16.84%
Max Loan Amount
$50,000

Summary

Buy the car you want and customise your loan so it suits you - not your bank.

Imagine a car loan where you can make use of interest rates and loan features which help you pay your loan off more efficiently. The ANZ Unsecured Car Loan allows you to choose between a fixed or variable rate, so you can fit your car loan into your type of lifestyle.

If you're on a strict budget, you may wish to fix your rate so your repayments don't fluctuate, or if you plan to make additional repayments to pay your loan off quicker you may enjoy the variable rate offered.

In this guide

  • Review
  • Details
    • Product details
  • Your reviews
  • Ask a question

Details

Product details

Product Name ANZ Unsecured Car Loan
Interest Rate (p.a.) 15.99%
Comp. Rate (p.a.) 16.84%
Interest Rate Type Variable
Min Loan Amount $5,000
Max Loan Amount $50,000

Features of the ANZ Unsecured Car Loan

The ANZ Unsecured Car Loan comes with the following features;

  • Interest rate choice. As mentioned above, you can choose from either a variable rate or fixed rate for your loan. A variable rate can fluctuate over time, meaning that you could pay more or less interest over the life of your loan. Variable rate loans are often more flexible when it comes to being able to make extra repayments on your loan. Fixed rates don't fluctuate over the course of the loan which means your repayments will stay the same, but generally come with less flexibility.
  • Loan term. You can take out this loan for any time period from 1 to 7 years.
  • Repayments. If you opt for the variable interest rate you can make extra repayments whenever you like. Making additional repayments is a great way to pay off your loan quicker and save interest in the process. Taking a fixed rate means you'll need to pay a fee every time you make extra repayments.
  • Redraw facility. If you take out a variable rate loan and you make additional repayments on it, the redraw facility can see you get access to these extra funds if you need them. This feature is useful if you have a sudden, unexpected expense you need to pay for.
  • Maximum amount. The minimum amount you can borrow with this loan is $5,000. Since this loan type is unsecured you don't need to use your car as security. This loan can also be used to finance older cars.
  • Insurance. If you take out ANZ Loan Protection, which protects you in the event that you can't work and can't make your repayments, you could qualify for a discount of 0.25% p.a. on your interest rate.
  • Fees and charges

    The ANZ Unsecured Car Loan comes with the following fees.

    • Loan approval fee. This is a fee of $150 which covers the cost of establishing your loan and any of the costs which arise out of this.
    • Loan administration charge. This is a quarterly fee charged to maintain your loan account and is $30 a quarter, which works out to be $120 per year.

    What you need to apply

    To apply for the ANZ Unsecured Car Loan you'll need to provide the following documentation;

    • Proof of income, including recent pay slips, bank statements or evidence of other income such as rent or other investments. This doesn't need to be provided if your wages are credited to an ANZ account already.
    • Financial statements or Business Activity Statements (BAS) statements for the past year if you're self-employed.

    Eligibility requirements for the ANZ Unsecured Car Loan

    If you want to apply for this loan you'll need to be at least 18 years old, currently residing in Australia (if you're not a permanent resident you can still apply but may need to meet other conditions), receiving a regular income and have a good credit rating. As mentioned above you'll need to borrow over the $5,000 minimum.

    Compare car loan providers

    {"visibility":"visibilityTable","ctaLabel":"Calculate","tableCode":"AUFPL_COMPARISON_V2_TABLE","nicheCode":"AUFPL","fields":[{"name":"LOAN_AMOUNT","value":"20000","options":"","label":"Loan amount","suffix":"$","useSuffixAsPrefix":true,"useDropDownOption":false,"tooltip":""},{"name":"PERIOD","value":"3","options":"","label":"Loan term","suffix":"years","useSuffixAsPrefix":true,"useDropDownOption":false,"tooltip":""}]}
    Name Interest Rate (p.a.) Comp. Rate (p.a.) Application Fee Monthly Fee Monthly Repayment
    NOW Finance No Fee Unsecured Personal Loan
    Finder award winnerFixed18 Months - 7 Years $5,000 - $50,000
    Interest Rate (p.a.)
    6.75%
    to 26.95%
    Comp. Rate (p.a.)
    6.75%
    to 26.95%
    Application Fee
    $0
    Monthly Fee
    $0
    Monthly Repayment
    $615.26
    Go to siteMore Info
    OurMoneyMarket Personal Loan
    Fixed1 - 7 Years $2,001 - $75,000
    Interest Rate (p.a.)
    6.57%
    to 18.99%
    Comp. Rate (p.a.)
    7.19%
    to 21.78%
    Application Fee
    1.50% - 6%
    min. $250
    Monthly Fee
    $0
    Monthly Repayment
    $627.42
    Go to siteMore Info
    Harmoney Unsecured Personal Loan
    Finder award winnerFixed3 - 7 Years $2,000 - $70,000
    Interest Rate (p.a.)
    5.76%
    to 24.03%
    Comp. Rate (p.a.)
    6.55%
    to 24.98%
    Application Fee
    $275 - $575
    Monthly Fee
    $0
    Monthly Repayment
    $623.70
    Go to siteMore Info
    Citi Personal Loan Plus
    Variable3 - 5 Years $2,000 - $55,000
    Interest Rate (p.a.)
    10.90%
    Comp. Rate (p.a.)
    11.19%
    Application Fee
    $199
    Monthly Fee
    $10
    Monthly Repayment
    $670.33
    Go to siteMore Info
    Special Offer: Monthly Fee of $10 waived for applications submitted before 30 June 2024.
    Latitude Variable Rate Personal Loan
    Variable2 - 7 Years $5,000 - $70,000
    Interest Rate (p.a.)
    9.49%
    to 29.99%
    Comp. Rate (p.a.)
    10.37%
    to 30.69%
    Application Fee
    $0
    Monthly Fee
    $13
    Monthly Repayment
    $653.57
    Go to siteMore Info
    Special Finder offer: $395 establishment fee waived for approved personal loan applications submitted through Finder. Latitude may withdraw offer at any time. T&Cs apply.
    NAB Personal Loan Unsecured Fixed
    Fixed1 - 7 Years $5,000 - $55,000
    Interest Rate (p.a.)
    6.99%
    to 20.49%
    Comp. Rate (p.a.)
    7.91%
    to 21.33%
    Application Fee
    $150
    Monthly Fee
    $10
    Monthly Repayment
    $632.08
    Go to siteMore Info
    Pepper Money No Fee Unsecured Personal Loan
    Fixed18 Months - 7 Years $5,000 - $50,000
    Interest Rate (p.a.)
    6.75%
    to 26.95%
    Comp. Rate (p.a.)
    6.75%
    to 26.95%
    Application Fee
    $0
    Monthly Fee
    $0
    Monthly Repayment
    $615.26
    Go to siteMore Info
    NAB Personal Loan Unsecured Variable Rate
    Variable1 - 7 Years $5,000 - $55,000
    Interest Rate (p.a.)
    6.99%
    to 20.49%
    Comp. Rate (p.a.)
    7.91%
    to 21.33%
    Application Fee
    $150
    Monthly Fee
    $10
    Monthly Repayment
    $632.08
    Go to siteMore Info
    ING Personal Loan
    Finder award winnerFixed2 - 7 Years $5,000 - $60,000
    Interest Rate (p.a.)
    6.89%
    to 18.99%
    Comp. Rate (p.a.)
    7.10%
    to 19.23%
    Application Fee
    $150
    Monthly Fee
    $0
    Monthly Repayment
    $621.16
    Go to siteMore Info
    loading
    Showing 9 of 9 results

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Matt Finder

Head of publishing and editorial

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our 1. Terms Of Service and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Go to site