Personal loan rate roundup: Which lenders have moved rates?
These are the lenders hiking up their rates...or making them more competitive.
Personal loan rates can be tricky. They generally don't move in line with the monthly RBA cash rate announcement, which can make it hard to know when lenders are going to adjust their rates. If you're thinking of getting a personal loan it will be helpful to know the lenders that have recently moved their rates, either up or down.
To make this easier, we've scoured our rate movements for the last two months to show you the increases and decreases across unsecured personal loans and car loans.
|Increase or Decrease?||Brand||Loan||Date changed||Old rate||New rate||Learn more|
|Latitude Financial||Low Rate Personal Loan||1 May||9.99% p.a.||10.99% p.a.||Latitude Low Rate Personal Loan|
|MoneyPlace||Peer-to-Peer loan||20 April||8.9% p.a.||7.9% p.a.||MoneyPlace Unsecured Personal Loan|
|NRMA||Used Car Loan||28 April||8.99% p.a.||8.49% p.a.||NRMA Used Car Loan|
|NRMA||New Car Loan||28 April||7.99% p.a.||7.49% p.a.||NRMA New Car Loan|
|RACV||Personal Loan||31 March||7.99% p.a.||8.99% p.a.||RACV Personal Loan|
|RACV||Car Loan||16 May||7.99% p.a.||7.49% p.a.||RACV New Car Loan|
|RateSetter||Personal Loan||24 April||8.86% p.a.||8.46% p.a.||RateSetter Personal Loan|