Max Finance Personal Loan

Rates and Fees verified correct on April 24th, 2017

Apply for up to $10,000 and have approved funds in your acccount today. Bad credit applicants considered.

Max Finance offers a simple and quick application process for large loan amounts. You can complete a three-question initial assessment to find out if you may be eligible for a loan, and if you are eligible the pre-approval process only takes five minutes. You won't necessarily be disqualified for bad credit.

Main points to consider with the Max Finance Personal Loan

Product NameMax Finance Personal Loan
Interest Rate (p.a.)From (fixed)
Comparison Rate (p.a.)
Interest Rate TypeFixed
Minimum Loan Term0.5 year
Maximum Loan Term1 year
Min Loan Amount$1,600
Max. Loan Amount$10,000
Application Fee$0


  • Apply for up to 10000
  • Pre-approval within five minutes
  • Bad credit applicants considered


  • Maximum loan term of 1 year
  • Security is required
  • Must own an asset
  • Income at least $500 after tax per week.

You can apply for between $1,600 and $10,000. The interest rate depends on your application and your assessed risk. You are able to repay the loan early without penalty.

You can apply for a loan and find out if you’ve been approved within five minutes, and if the loan is settled before noon you can receive the money on the same day.

What are some of the benefits of a Max Finance loan?

  • Large loan amounts. You can apply for a loan between $1,600 and $10,000, making it suitable for a range of borrowing needs.
  • Quick turnaround time. You’ll know if you’ve been approved within five minutes, and if the loan is settled before noon you can receive the funds in your account on the same business day.
  • Loan term. You’ll have up to 1 year(s) to pay back your loan amount.
  • Flexible eligibility. Max Finance will consider you even if you have a history of bad credit. If you don’t meet their eligibility criteria, you can apply with a person who does meet the criteria to help your application.
  • Easy application. You can apply online at any time and find out if you’ve been approved.
  • Repayments. You can pay your loan back in weekly, fortnightly or monthly instalments and the repayments will be deducted directly from your bank account.
  • Loan costs. Max Finance doesn’t have a standard interest rate for their loans. Rather, you’ll be approved for an interest rate based on various risk factors determined in your application. You’ll be given this interest rate to agree to before approval. Maximum Annual Cost Rate applicable under the National Consumer Credit Protection Act is 48% per annum. A full listing of fees and charges payable by the consumer to Max Finance are included in your credit contract.
  • Early repayment available. You can repay your loan early without penalty.

How you can apply for the Max Finance Personal Loan

To apply for a loan with Max Finance, click "Go to site" to get the application process started. The pre-approval form is a no-obligation process and you will know if you have been approved within minutes. In order to be eligible, you’ll need to meet the following criteria:

  • Asset requirements. You’ll need to own an asset. This asset can either be a registered motor vehicle or a real estate property. If you own either of these on finance that still accepted.
  • Income requirements. You need to earn a minimum of $500 per week after tax and you cannot be on Newstart, Austudy or Youth Allowance.
  • Credit requirements. As mentioned, you can still apply if you have bad credit history.

If you can’t meet the above criteria, you can apply with a person who does meet it. This person can be a spouse, your parents or even a good friend. After you’ve been pre-approved, you’ll need to email or fax the following documents in order to receive your money:

  • One recent payslip or a letter from your employer
  • The last two months of your bank transactions
  • Your car registration details and/or council rate
  • Your driver’s licence, passport or photo card

Max Finance's Personal Loan is a competitive offering to consider, but remember to compare all of the options available to you before you apply.

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This page was last modified on 19 April 2017 at 10:47am.

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41 Responses to Max Finance Personal Loan

  1. Default Gravatar
    leoskini | March 28, 2017

    I was just wondering how long after you have submitted all the relevant paperwork, does it take to find out if you have been accepted for the loan or not.

    • Staff
      Anndy | March 29, 2017

      Hi Leoskini,

      Thanks for your question.

      For Max Finance Personal Loan, you’ll normally get a decision in 5 minutes. If you have not, you may have to directly contact Max Finance to inquire about the status of your loan.


  2. Default Gravatar
    Maria | February 7, 2017


    I was wondering if I am able to consolidate by debt. I would like to borrow to pay off all the creditors and looking forward to only worry about one debt.
    I have a remaining debt of $1,000 on my car and once it paid the car is fully own by me. I have a ridiculous debt from different payday institution which gotten out of control in total of $5,000 including all interest.
    I would like to get rid of it and start fresh if only I could get a personal loan. The debt part 9 agreement is finishing next year. I just got myself in so much trouble because I had dentistry work done and few of social outings which is now finish. I work part time ranging from 30 hours a week excluding overtime days and rate. I earn $56,000 a year and I should have no worries paying this loan off and a comfortable and manageable ways.
    Please help me I just want to get out in a very difficult situations and live again. Once all my debt is paid off and only have one loan I should start seeing a brighter future. Please let me know if you can help, if not sorry to have bothered you.

    I just want to get a fair chance. Here I am with a good job but got myself in this mess, that is why I am sending you this email. You can used my car as a collateral as part of agreement between you and I if that make it easy for you to decide. Whatever the outcome I thank you for taken the time to read my case.

    sincerely yours


    • Staff
      May | February 7, 2017

      Hi Maria,

      Thank you for your inquiry. You’ve contacted – a financial comparison website and general information service designed to help consumers make better decisions. We are not affiliated with Max Finance Personal Loan.

      I’m sorry to hear about what you’re going through right now. If you’d like to check your loan options and chances of approval with Max Finance, I suggest that you contact them directly or visit their official page by clicking the green ‘Go to site’ button. Other lenders that you may want to get in touch with to discuss your options are listed here.

      Hope this helps.


  3. Default Gravatar
    Nikita | November 28, 2016

    Wondering how much interest is on personal loans secured

    • Staff
      Anndy | November 28, 2016

      Hi Nikita,

      Thanks for your question.

      Secured personal loans vary in interest rate depending on the lender. You can check and compare secured personal loans here.


  4. Default Gravatar
    Daniel | November 25, 2016

    If I cant be approved can a spouse and I just pay it off because they are not working.

    • Staff
      Harold | November 25, 2016

      Hello Daniel,

      Thank you for your inquiry.

      Loan approval will always depend on the bank. If you were not approved by other banks there are other options for personal loan. Please click this page for your additional options that you might be interested in. Lenders do consider unemployed applicants for loans. As long as you have the ability to repay you may be considered.

      I hope this information has helped.


  5. Default Gravatar
    Yvonne | October 14, 2016

    Enquiring about top up loans?
    Ive already paid off 50% of my loan but looking at topping up for personal use buying furniture etc
    Just wondering if i can only top up to same amount i borrowed or can it be larger amount? And does the top up contract amount just be renewed to a different repayment amount or will i be paying back 2 different payment amounts?

    • Staff
      Elizabeth | October 17, 2016

      Hi Yvonne,

      To be eligible to top up your loan you generally need to have repaid 50% of your current loan. In terms of how much you can borrow, it depends on your financial circumstances and how much you can afford. Your top up amount will be added to your current loan so you will only need to make one repayment.

      You can get in contact with Max Finance directly to see if you are eligible.

      Hope this helps,


  6. Default Gravatar
    Douglas | August 21, 2016

    whats your fax number

    • Staff
      Chester | August 21, 2016

      Hello Douglas,

      Thanks for your question,

      Are you pertaining to’s fax number? or Max Finance Personal Loan’s fax number? will be waiting for your response.


  7. Default Gravatar
    belinda | June 24, 2016

    Good morning, I am looking at a 10,000 max loan I think it is to pay off a few things and roll into one payment. What are interest rates approx and how is the procedure for this as well as is there any application charge?

    • Staff
      Elizabeth | June 27, 2016

      Hi Belinda,

      There is no standard interest rate with a Max Finance personal loan and the interest rate you’re offered will depend on the details you provide in your application. There is no application charge. You can check if you meet the above eligibility requirements then click “Go to Site” to submit your details for a no obligation initial approval. If you want to go ahead with the loan then you need to provide more information for full approval.

      I hope this helps,


  8. Default Gravatar
    jenny | April 6, 2016

    Just put in for a loan, the bank details were sent through, but you got my daughters bank account as well. She has a car debt so that’s not mine, would that make a difference in the out come.

    • Staff
      Elizabeth | April 6, 2016

      Hi Jenny,

      You’ve come through to, a financial comparison site and not Max Finance. You’ll need to contact them directly to inform them about your application. You can head to their website to find out their contact details.



  9. Default Gravatar
    Dinesh | March 7, 2016

    Hi Team,

    I applied for a loan I got approval also, however instantly I have to pay 10000 which I accepted but how can assure me after paying 10000 to your company account I will get my loan are not? Because I went for customer reviews they as per their comments I understand that they didn’t got loan after paying 27000 also and they send me fax in that told me deposit 30,000 after 15-20 days they ignore my calls.

    • Staff
      Elizabeth | March 8, 2016

      Hi Dinesh,

      Thanks for your question.

      After you’ve signed the loan contract the funds should be deposited into your account. You may want to get in contact with Max Finance to discuss this directly the concerns you’re having and your application – you shouldn’t be required to pay any money without your loan contract being signed. You can contact them by phone or fill out a contact form on the website.



  10. Default Gravatar
    vivek | February 25, 2016

    what about your interest rates not mention

    • Staff
      Elizabeth | February 25, 2016

      Hi Vivek,

      The interest rate you’re offered is based on the details you provide in your application and also how much you apply for. Once approved, the provide you with a customised interest rate that you may consider before accepting the loan.



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