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NOW FINANCE Unsecured Personal Loan

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Personal loans from $5,000 with a dedicated personal loan advisor.

This unsecured personal loan can help you cover a range of personal purchases, from a used car, furniture or any other worthwhile expense. You can apply for a loan from $5,000 and have up to 7 years to repay the loan.

3 things you should know about this loan

  • Tailored interest rate. You will receive a tailored interest rate between 6.95% p.a. and 17.95% p.a. for this loan. You can get your rate before you apply.
  • Advisor. When you apply your application will be assessed by a person. You will continue to have access to this person as your personal loan advisor.
  • No fees. When you borrow between $5,000 and $15,000, you don't need to pay any application or ongoing fees.


From 6.95% (fixed)

Interest Rate (p.a.)

6.95%

Comparison Rate (p.a.)

$5,000

Min Loan Amount

We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder .

Details

Product NameNOW FINANCE No Fees Personal Loan
Interest Rate (p.a.)
From 6.95% (fixed)
Comparison Rate (p.a.)6.95%
Interest Rate TypeFixed
Min Loan Amount$5,000
Max. Loan Amount$15,000
Loan SecurityUnsecured

Main points to consider with this personal loan

You can apply for a no fee personal loan from $5,000 to $15,000 or an unsecured personal loan between $15,001 and $40,000. You'll pay a tailored fixed interest rate of between 6.95% p.a. and 17.95% p.a. for both. You can find out your rate before submitting your full application.

Keep in mind the unsecured personal loan comes with an application fee of $495 and a monthly fee of $13 while there are no fees when you choose to borrow from $5,000 to $15,000.

Features on offer with a NOW FINANCE Personal Loan

It's important to consider if the following features and benefits meet your needs before you apply:

  • No security required. You aren't required to attach a guarantee in order to be approved.
  • Various loan amounts available. You can apply for a loan between $5,000 and $40,000.
  • Up to seven years to repay. NOW FINANCE gives you a choice of your loan term, so you'll have between 18 months to 7 years to repay your loan. This gives you a way to structure your repayments in a way to suit your budget.
  • Competitive interest rate. Your interest rate will be fixed and will be between 6.95% p.a. and 17.95% p.a.
  • No fees. When you borrow between $5,000 and $15,000, there are no establishment, monthly or early repayment fees.
  • Convenient repayments. Make your repayments weekly or fortnightly via direct debit so there's no need to remember to transfer it yourself.
  • Personal service. When you apply for a loan with NOW FINANCE you will deal with the same personal loan advisor whenever you need to contact the company.

NOW FINANCE personal loan info

No fee personal loan

  • Loan amount: Between $5,000 and $15,000
  • Minimum interest rate: 6.95% p.a.
  • Maximum interest rate: 17.95% p.a.
  • One-off establishment fee: $0
  • Monthly fee: $0
  • Early termination fee: $0

Unsecured personal loan

  • Loan amount: Between $15,001 and $40,000
  • Minimum interest rate: 6.95% p.a.
  • Maximum interest rate: 17.95% p.a.
  • One-off establishment fee: $495
  • Monthly fee: $13
  • Early termination fee: $175

How to apply for this Unsecured Personal Loan

If you're ready to apply, just click "Go to Site" to get your application started. You will need to meet the following eligibility criteria:

  • You're an Australian citizen or permanent Australian resident
  • You're currently employed
  • The majority of your income does not come from Centrelink payments
  • You have not been bankrupt or had a credit default with a previous lender

You will need your personal, employment and financial details on hand to complete the application, which shouldn't take longer than 10 minutes to complete.

Compare other personal loans

Added:

Data indicated here is updated regularly
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
Harmoney Unsecured Personal Loan

From 6.99% (fixed)
7.79%
$2,000
3 to 5 years
$575 ($275 for loans of below $5,000)
$0
You'll receive a fixed rate between 6.99% p.a. and 25.69% p.a. based on your risk profile.
Apply for a loan up to $50,000 and repay your loan over 3 or 5 year terms.
Plenti Fixed Rate Personal Loan

From 6.49% (fixed)
6.84%
$2,001
3 to 5 years
From $149 to $599
$0
You'll receive a fixed rate between 6.49% p.a. and 11.99% p.a. based on your risk profile
A flexible loan with amounts from $2,001 and terms starting from 3 years. Interest and comparison rates calculated for a loan term of 5 years.
OurMoneyMarket Personal Loan

From 6.75% (fixed)
6.96%
$2,001
1 to 7 years
1.5–6% of your total loan amount
$0
You'll receive a fixed rate from 6.75% p.a. to 20.99% p.a. based on your risk profile
A personalised loan from $2,001 to $75,000 that varies based on your credit history and financial situation.
Alex Personal Loan

From 6.95% (fixed)
6.95%
$2,100
6 months to 5 years
$0 (waived $295)
$0
You'll receive a fixed interest rate from 6.95% p.a. to 19.99% p.a. based on your risk profile
Borrow between $2,100 and $30,000 from 6 months to 5 years. Benefit from no ongoing fees. Note: The establishment fee of $295 is waived for all applications until 31 October 2020. Terms & conditions apply.
SocietyOne Unsecured Personal Loan (5 years)

From 7.99% (fixed)
7.99%
$5,000
5 years
from 0% to 5% (capped at $995)
$0
You'll receive a fixed rate between 7.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
SocietyOne Unsecured Personal Loan (2-3 years)

From 6.99% (fixed)
6.99%
$5,000
2 to 3 years
from 0% to 5% (capped at $995)
$0
You'll receive a fixed rate between 6.99% p.a. and 17.99% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
Plenti Variable Rate Personal Loan

From 5.79% (variable)
6.78%
$2,001
1 to 3 years
From $149 to $599
$0
You'll receive a variable rate from 5.79% p.a and 11.99% p.a. based on your risk profile
A flexible loan with amounts from $2,001 and terms starting from 12 months. Benefit from transparent costs and a rate estimate before you apply.
NAB Personal Loan Unsecured Fixed

From 9.99% (fixed)
10.88%
$5,000
1 to 7 years
$150
$10
You'll receive a fixed rate between 9.99% p.a. and 18.99% p.a. ( 10.88% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.
Symple Loans Personal Loan

From 5.75% (variable)
6.47%
$5,000
1 to 7 years
from 0% to 5% of the loan amount
$10
You'll receive a personalised interest rate from 5.75% p.a. to 21.99% p.a. based on your risk profile
Borrow up to $50,000 to pay for what you need.
Wisr Personal Loan

From 7.95% (fixed)
8.78%
$5,000
3 to 5 years
$595 (Establishment Fee)
$0
You'll receive a fixed rate between 7.95% p.a. and 19.45% p.a. based on your risk profile
A loan from $5,000 that charges no fees for extra or early repayments. Keep in mind security is required in some cases.
Heritage Bank Fixed Personal Loan
7.99% (fixed)
8.62%
$5,000
1 to 5 years
$200
$5
Choose a fixed rate loan and receive a comparison rate of 8.62% p.a.
Fixed rate loans are available up to $100,000 on terms from 1 to 5 years.
CUA Unsecured Fixed Rate Personal Loan
9.89% (fixed)
10.14%
$5,000
1 to 7 years
$175
$0
You'll receive a fixed rate of 9.89% p.a.
An unsecured loan from $5,000 with flexible repayments and no monthly fee.
Latitude Personal Loan (Unsecured)

From 7.99% (fixed)
9.24%
$3,000
1 to 7 years
$250 (Loans under $5000 - $140)
$13
You'll receive a fixed rate between 7.99% p.a. and 19.99% p.a. based on your risk profile
Apply for what you need from $3,000 and use it for a range of purposes. Repay weekly, fortnightly or monthly.
NAB Personal Loan Unsecured Variable Rate

From 9.99% (variable)
10.88%
$5,000
1 to 7 years
$150
$10
You'll receive a variable rate between 9.99% p.a. and 18.99% p.a. ( 10.88% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes. Benefit from fee-free additional repayments and a redraw facility. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.
CUA Unsecured Variable Personal Loan
11.89% (variable)
12.15%
$5,000
1 to 7 years
$175
$0
You'll receive a variable rate of 11.89% p.a.
Borrow from $5,000 with the option for flexible repayments and no monthly fees.
Heritage Bank Standard Variable Personal Loan
11.99% (variable)
12.61%
$5,000
1 to 10 years
$200
$5
Choose a variable rate loan and receive a 12.61% p.a. comparison rate
Variable rate loans are available from $5,000 - $100,000 on terms of 1 to 10 years.
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Compare up to 4 providers

Personal Loan Offers

Important Information*
Logo for Harmoney Unsecured Personal Loan
Harmoney Unsecured Personal Loan

You'll receive a fixed rate between 6.99% p.a. and 25.69% p.a. based on your risk profile.
Apply for a loan up to $50,000 and repay your loan over 3 or 5 years terms.

Logo for NAB Personal Loan Unsecured Fixed
NAB Personal Loan Unsecured Fixed

You'll receive a fixed rate between 9.99% p.a. and 18.99% p.a. ( 10.88% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above.

Logo for SocietyOne Unsecured Personal Loan
SocietyOne Unsecured Personal Loan

You'll receive a fixed rate between 6.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.

Logo for Pepper Money Unsecured Fixed Rate Personal Loan
Pepper Money Unsecured Fixed Rate Personal Loan

You'll receive a fixed rate between 6.95% p.a. and 17.95% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Make additional repayments or pay off the loan early, penalty-free.

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24 Comments

  1. Default Gravatar
    Flor
    August 15, 2018

    Is the $395 fee monthly? Does the same fee apply for any quantity of money you apply for? I’m sorry I’m new and I don’t understand very well. .. I am an international student and I need information on a loan as I am struggling to pay uni fees.

    • Avatarfinder Customer Care
      John
      August 16, 2018

      Hi Flor,

      Thank you for leaving a question.

      The $395 is a one time application fee. The monthly fee you are referring to is $13.
      Hope this helps!

      Cheers,
      Reggie

  2. Default Gravatar
    Angela
    February 19, 2018

    I am a non resident with a permanent income looking for a personal loan. Please could I have some help looking for one. Thanks

    • Default Gravatar
      Liezl
      March 10, 2018

      Thanks for reaching out to us, Angela!

      On this page you can find the list of lenders offering loans to temporary residents. Please take time to go through the individual brand’s eligibility criteria and visa requirement and check if you meet them.

      A friendly note, make sure you confirm that you meet the eligibility criteria before you submit your application, as rejected credit card applications can have a negative impact on your credit score.

      Cheers,
      Liezl

  3. Default Gravatar
    Alowolodu
    December 14, 2017

    I’m looking for financial money tips visa job and ticket from Nigeria to the U.S.A.

    • Avatarfinder Customer Care
      Rench
      December 19, 2017

      Hi Alowolodu,

      Thanks for reaching out to us. Please note that we are not affiliated with NOW FINANCE or any company we feature on our site and so we can only offer you general advice.

      If you are referring to NOW FINANCE Unsecured Personal Loan, please click on the green ‘Go to site’ button on this page to direct you to their official site and submit an online application.

      You can also have a look on this page for unsecured loans that you can compare. Please note that these loans are only available in Australia.

      Best regards,
      Rench

  4. Default Gravatar
    Elma
    July 27, 2017

    How can I get a loan I’m temporary resident here but I have stable work I’m permanent part time job can I loan?

    • Avatarfinder Customer Care
      Harold
      July 28, 2017

      Hi Elma,

      Thank you for your inquiry.

      There are banks and lender who may consider you for a loan even if you aren’t a permanent resident. You may need to check your options here.

      I hope this information has helped.

      Cheers,
      Harold

  5. Default Gravatar
    Sunshine
    July 22, 2017

    I have a personal loan already and has 3.5 years to go from 7. I need around $3-4 K and would like to know whether to get another personal loan at a lower rate or combine this with that $10,500 left on the other one.

    • Avatarfinder Customer Care
      Harold
      July 28, 2017

      Hi Sunshine,

      Thank you for your inquiry.

      You may want to consider a debt consolidation. A debt consolidation personal loan is an unsecured line of credit that lets you bring all your debts into one. The aim with this type of debt consolidation option is to reduce the amount you pay in interest and fees, so ensure that the amount you’re being charged on the new loan is lower than what you’re currently paying.

      I hope this information has helped.

      Cheers,
      Harold

  6. Default Gravatar
    R
    July 17, 2017

    We are looking at financing a car with a total value of $17000 over 7 yrs. We have a joint employment income of $1460/fortnight, topped up by $560/fortnight of centrelink payments. We are both in permanent casual employment positions and have been for over 6 months. We also have very good credit ratings. What are our chances? Thanks in advance.

    • Default Gravatar
      Jonathan
      July 28, 2017

      Hello R&G,

      Thank you for your inquiry today.

      You may review our guide and list of lenders who may be able to cater your financing needs. Please take note that each lender has their own eligibility credit criteria, so it is recommended to review their T&Cs on the loan agreement and their requirements.

      Hope this helps.

      Cheers,
      Jonathan

  7. Default Gravatar
    teresa
    July 9, 2017

    WHAT IS THE EASIEST AND QUICKEST WAY TO PAY A 60,000 DEBT?

    • Default Gravatar
      Arnold
      July 9, 2017

      Hi Teresa,

      Thanks for your inquiry.

      There are a few options you can try to take back control of your debt. Please navigate to this page to view a guide on how to use them and ultimately choose what suits you best.

      Hope this information helped.

      Cheers,
      Arnold

  8. Default Gravatar
    Zaeem
    March 21, 2017

    If I made early payment to the loan, then how much penalty would be applied

    • Avatarfinder Customer Care
      May
      March 21, 2017

      Hi Zaeem,

      Thanks for your question.

      NOW FINANCE charges Early Termination Fee of $175.00 if your loan is repaid in first 6 months (or) $120.00 if your loan is repaid between 6 and 12 months. No Early Termination Fee applicable after 12 months.

      Cheers,
      May

  9. Default Gravatar
    Mounir
    February 13, 2017

    Hey,
    If I pay off my loan earlier does it have any early termination fees?

    • Avatarfinder Customer Care
      Dee
      February 13, 2017

      Hi Mounir,

      Thanks for your question.

      NOW FINANCE charges the following termination fees:
      $175.00 if your loan is repaid in the first 6 months
      $120.00 if your loan is repaid between 6 and 12 months.
      No Early Termination Fee applicable after 12 months.

      If you want to compare other personal loans that allow for extra repayment, you can visit this page.

      Cheers,
      Anndy

  10. Default Gravatar
    T&T
    November 12, 2016

    Are you able to finance $25,000 to someone with good credit and who is employed full time, but in a new job for only 8 weeks?

    • Default Gravatar
      Kandice
      December 30, 2016

      I need 1500 lon how can I get

    • Avatarfinder Customer Care
      May
      December 30, 2016

      Hi Kandice,

      Thanks for getting in touch.

      On this page, you will be able to compare your $1,500 personal loan options. Please click on the “Go to site” button if you wish to apply for the loan you think you are eligible for.

      Hope this helps.

      Cheers,
      May

    • Avatarfinder Customer Care
      Dee
      November 15, 2016

      Hi T & T,

      Thanks for your question.

      Please note that finder.com.au is a financial comparison and information website that helps users make better decisions. We do not represent Now Finance.

      The eligibility criteria for this loan did not specifically mention for how long you should be in your current job. You could directly get in touch with Now Finance to enquire about your chance of approval, given your situation.

      Cheers,
      Anndy

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