Latitude Financial Services Personal Loan

Rates and Fees verified correct on March 29th, 2017

Latitude Financial Services offer a flexible Personal Loan that gives you the choice between secured and unsecured.

The Latitude Financial Services Personal Loan is suitable for a range of borrowing purposes, from debt consolidation to new or used car finance, with the loan able to be either secured or unsecured. If you are looking for a competitive fixed rate and the option of loan protection insurance, read on to find out if this loan is right for you.

Things to consider about the Latitude Personal Loan

Product NameLatitude Personal Loans (Unsecured)
Interest Rate (p.a.)From 13.99% (fixed)
Comparison Rate (p.a.)15.2%
Interest Rate TypeFixed
Minimum Loan Term2 years
Maximum Loan Term7 years
Min Loan Amount$3,000
Max. Loan Amount$50,000
Application Fee$250 (Loans under $4000 - $140)
Monthly Service Fee$13
Loan SecurityUnsecured


  • Apply online and receive your funds today
  • Funds can be used for any purpose
  • Make weekly, fortnightly or monthly repayments


  • High application fee of $250
  • Ongoing monthly service fee of $13
  • Early repayment fees may be charged

Funds from a Latitude Financial Services Personal Loan can be used for almost anything you want. This loan comes with a fixed interest rate, repayment flexibility, the ability to make additional repayments and optional loan protection insurance. Latitude Financial Services offer other types of loans if this personal loan isn’t right for you, such as car loans and debt consolidation loans.

Features of the Latitude Financial Services Personal Loan

  • Fixed interest. The secured loan comes with a fixed interest rate from 12.99% p.a. while the unsecured loan comes with a fixed rate from 13.99% p.a..
  • Risk-based pricing. Latitude uses risk-based pricing to determine your interest rates. This means you'll be offered a rate based on your financial circumstances and the information your provide in your application.
  • Loan amount. This loan is for people looking to borrow a minimum of $3,000.
  • Loan term. The loan term ranges from 2 year(s) to 7 year(s), allowing you to better plan your repayments and ensure you pay back your loan on time.
  • Security. If you choose to attach security to your loan, you can guarantee a new or used car, motorbike, personal watercraft, boat, campervan or caravan. Keep in mind that at least 50% of the vehicle needs to be for personal purposes.
  • Repayment flexibility. Latitude Financial Service offers flexible repayment options with this loan. You can make weekly, fortnightly or monthly repayments and can repay through direct debit, Australia Post or BPAY.
  • Online application. You can apply for this loan online and the application process is relatively quick and easy. In most cases, you can find out if you’re approved on the same day you apply.
  • Additional repayments.You can make additional payments at any time to reduce your loan term and avoid paying extra interest costs.
  • Optional loan protection insurance. If you select this loan you can choose to have optional loan protection insurance.

How to apply for the Latitude Financial Service Personal Loan

If you’ve decided a Latitude Financial Service Personal Loan is right for you, applying online is very simple. All you need to do is click "Go to Site" and follow the link to the lender’s website to complete your application form. To apply for this loan you must:

  • Be over the age of 18
  • Be a permanent Australian resident
  • Have held a good credit history for the past five years
  • Have not declared bankrupt in the past seven years

If you meet those criteria and would like to complete your application, you will require the following documentation:

  • Proof of your identity, such as a driver’s licence, proof of age card or passport
  • Proof of income in the form of payslips or your last tax return if you're self-employed
  • Amounts you owe on loans, overdrafts, credit/store cards, as well as their limits and repayments
  • Your living expenses, including rent and/or mortgage repayments

If you’re looking for a competitive fixed rate secured personal loan, the Latitude Financial Service Personal Loan is an option worth considering. However, make sure to consider all your options before you decide which loan is right for you.

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This page was last modified on 10 October 2016 at 10:22am.

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86 Responses to Latitude Financial Services Personal Loan

  1. Default Gravatar
    Zaeem | March 21, 2017

    If I pay my loan early, then how much penalty would be charged

    • Staff
      May | March 21, 2017

      Hi Zaeem,

      Thank you for your inquiry.

      With the Latitude Personal Loans, you’ll be charged an early termination fee of up to $750 if you pay the loan out early.


  2. Default Gravatar
    iain | February 8, 2017

    i receive a disability pension [about 22,000 a year] and i need a replacement car [my old one is costing too much money to maintain-repair] i have teed up a 2004 BA falcon ute on gas that the man will sell to me for $1000 [car valued at $2500+] i can repair-prepare for roadworthy though the help of friends [was roadworthied 6 mths ago] by calling favors of a lot of the friends i have helped over the years ,i wonder what the repayment rate and eligibility things would be [i would only need a$1000 as I can raise the rest]
    thank you very much yours sincerely IAIN

    • Staff
      May | February 8, 2017

      Hi Iain,

      Thank you for your inquiry.

      You may discuss your loan options and approval with a lender listed on this page. Make sure you’ve reviewed the criteria and if want to know what possible terms and repayments available for you, please get in touch with the lender directly.

      Hope this helps.


  3. Default Gravatar
    Billy | November 22, 2016

    I am a casual ,contractor working 38+ hours a week ,my annual salary is $90000 per annum, I have been working for the company for 3 months to date and going permanent in March 2017.

    But In the mean time I would like to apply for a loan of $30,000 I have been given an unique opportunity to purchase something now and I can afford the monthly repayments

    can I apply ?

    • Staff
      Anndy | November 22, 2016

      Hi Billy,

      Thanks for reaching out.

      Please note that we are, a financial comparison and information website that helps users make better decisions. We are not Latitude Financial Services.

      On the eligibility criteria to apply for Latitude personal loan, the requirement is for you to have a proof of income in the form of payslips. You may or may not qualify for this loan depending on Latitude’s assessment of your overall financial status. You may want to directly get in touch with them and enquire of your chance of approval.


  4. Default Gravatar
    tracey | October 12, 2016

    Can you please tell me if I can apply for a loan to consolidate debt but use my car as security to guarantee the loan?

    • Staff
      Elizabeth | October 12, 2016

      Hi Tracey,

      Yes, you’re able to use your car as security yet still use the loan to consolidate debt. When the loan is secured you’ll receive a lower interest rate.

      Hope this helps,


  5. Default Gravatar
    islam | September 26, 2016

    i’m from egypt i can get loan ?

    • Staff
      Anndy | September 26, 2016

      Hi Islam,

      Thanks for reaching out.

      Kindly note that one of the eligibility criteria to apply for Latitude Personal loan and other loan products featured on our website is for the borrower to be a permanent Australian resident.


  6. Default Gravatar
    peter | September 19, 2016

    What is the max i can borrow

    • Staff
      Chester | September 19, 2016

      Hello there Peter,

      Thanks for your question.

      Latitude Personal Loans allows borrowers to borrow up to $50,000 depending on your financial status and credit history. If you wish to know more if you are qualified you may call Latitude first before submitting your application so that it wont be reflecting on your credit history.

      I hope this helps.


  7. Default Gravatar
    Nat | September 8, 2016


    I am a current customer and have a personal loan, 12 months ago I went on financial hardship, am I able to refinance my loan since I was told I would have to wait 12 months.

    Thank You Nat

    • Staff
      Elizabeth | September 9, 2016

      Hi Nat,

      If Latitude advised you have to wait 12 months you may be able to apply for a personal loan if that time has elapsed. You may want to get in contact with them directly to confirm your eligibility.



  8. Default Gravatar
    | August 17, 2016

    I was asked to send through some supporting docs for my application. Can you please tell me the email address?

    • Staff
      Elizabeth | August 18, 2016

      Hi Kouta,

      There is a document upload portal on the Latitude Finance website. You just need to enter your full name, application number and security code to upload your documents.

      Hope this helps,


  9. Default Gravatar
    Paul | August 10, 2016

    Hi there,
    I have a loan with you guys and have just be advised of a credit charge fee that is not in my paperwork to a value of $2145, can you explain what this fee is please

    • Staff
      Elizabeth | August 10, 2016

      Hi Paul,

      You’ve come through to, a financial comparison service and not Latitude Financial. You can contact its personal loans team on 1300 973 422.

      Hope this helps,


  10. Default Gravatar
    monica | July 11, 2016

    do you offer personal loans to Namibians?

    • Staff
      Elizabeth | July 12, 2016

      Hi Monica,

      Unfortunately Latitude can only consider you for a loan if you’re a current Australian resident. You’ll need to find a lender in Namibia if you’re looking for a loan.

      Sorry I couldn’t be of more assistance,


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