NOW FINANCE Unsecured Personal Loan

Rates and Fees verified correct on December 7th, 2016

Apply for a competitive online loan with the convenience of personalised service from NOW FINANCE.

If you're looking for a competitive loan to help you finance a personal purchase, you can consider what NOW FINANCE has to offer. The 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.

Product NameNOW FINANCE Personal Loans
Interest Rate (p.a.)From 9.95% (fixed)
Comparison Rate (p.a.)11.41%
Interest Rate TypeFixed
Minimum Loan Term1.5 years
Maximum Loan Term7 years
Min Loan Amount$4,000
Max. Loan Amount$40,000
Application Fee$395 (Based on $10,000)
Loan SecurityUnsecured

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

Things to consider about the Unsecured Personal Loan from NOW FINANCE

You can apply for a loan between $4,000 and $40,000. Depending on what repayments you budget for, you can pay off your loan over a term of 1.50 or 7 years. You'll pay a competitive fixed interest rate, which helps you budget throughout your chosen loan term. The loan comes with an application fee of $395 based on a $10,000 loan.

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:

  • Use the loan for various purposes. As the loan is unsecured, you can use the funds for a variety of purposes. This includes paying for your wedding, making a large purchase such as a vehicle or furniture, to consolidate debt or even to cover travel expenses.
  • Various loan amounts available. You can apply for a loan between $4,000 and $40,000, which makes this product suitable for a range of purposes.
  • 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 9.95% p.a. and 16.95% p.a.
  • 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.

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This page was last modified on 17 October 2016 at 12:00.

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4 Responses to NOW FINANCE Unsecured Personal Loan

  1. 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?

    • Staff
      Anndy | 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

  2. Default Gravatar
    Candyflosskisses69 | October 17, 2016

    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.

    • Staff
      Elizabeth | October 17, 2016

      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

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