NOW FINANCE Personal Loans
100% confidential application
Personal loans from $4,000 with a dedicated personal loan account manager.
This unsecured personal loan can help you cover a range of personal purchases, from a used car, furniture or even travel expenses. You can apply for a loan from $4,000 and have up to 7 years to repay the loan.
Main points to consider with the Unsecured Personal Loan from NOW FINANCE
| Product Name | NOW FINANCE Personal Loans |
|---|---|
| Interest Rate (p.a.) | From 8.95% (fixed) |
| Comparison Rate (p.a.) | 10.42% |
| Interest Rate Type | Fixed |
| Min Loan Amount | $4,000 |
| Max. Loan Amount | $40,000 |
| Loan Security | Unsecured |
Pros
- Get a personalised rate without it affecting your credit history
- Have a dedicated loan manager for the duration of your loan
Cons
- A high application fee up to $395 applies
You can apply for a loan between $4,000 and $40,000. You'll pay a competitive fixed interest rate of between 8.95% p.a. and The loan comes with an application fee of $395.
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 $4,000 and $40,000.
- Up to seven years to repay. NOW FINANCE gives you a choice of your loan term, so you'll have between 1.50 or 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 8.95% p.a. and
- 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 manager whenever you need to contact the company.
How to apply for the Unsecured Personal Loan from NOW FINANCE
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.
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?
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
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.
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
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.
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
WHAT IS THE EASIEST AND QUICKEST WAY TO PAY A 60,000 DEBT?
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
If I made early payment to the loan, then how much penalty would be applied
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
Hey,
If I pay off my loan earlier does it have any early termination fees?
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
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?
I need 1500 lon how can I get
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
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
I need a personal loan or a business loan up to $40,000,unsecured to buy a courier run business .To become self employed on 2-5yrs guaranteed income each week start info at$1500-uo your $2000″weekly guaranteed on contracts. I’m on centrelink pays. I currently get $1400/ a oftenly.
Hi,
You can only be eligible for a NOW FINANCE loan if the majority of your income does not come from Centrelink. This loan is also intended to be used for personal purposes, not business purposes. You can compare loans intended for starting up/purchasing a business on this page.
Hope this helps,
Elizabeth