We currently don't have that product, but here are others to consider:
How we picked theseA joint personal loan means 2 borrowers apply for a loan together. They complete a joint application and both people assume responsibility for repaying the loan.
If one borrower stops making repayments, the other borrower will have to cover the costs. This is the biggest risk of a joint personal loan.
Borrowing money with a joint personal loan can:
Borrowers who haven't built up much credit history, or who can't meet a lender's eligibility criteria alone, may find it much easier to apply for a personal loan with a partner, friend or family member.
Before you start your application, there are a few things to consider:
Before taking out a joint personal loan, it's a good idea to have a clear agreement about who will pay what. You could divide the repayments equally, or any way you like.
Make a plan before you apply, and budget for the loan costs. This includes monthly fees and the loan repayments.
You and the person you’re applying with will provide personal, employment and financial details as part of the application. The lender will consider the application details as a whole when considering both your eligibilities for the loan.
Here are some of the pros and cons:
You can apply jointly for a personal loan with anyone as long as they're willing.
This secured loan may be used for any worthwhile purchase and requires security against a vehicle. It uses risk-based pricing, so your interest rate will be set based on your credit score and history.
A risk-based personal loan from one of Australia's biggest non-bank lenders. Get a personalised rate which rewards higher credit scores.
An ING personal loan offers certainty with fixed interest rates and fixed repayments over a set term.
An unsecured personal loan with zero fees and interest rates personalised to your risk profile.
We’ve written about what lenders look for when assessing your personal loan application.
Why not be rewarded for your good credit history? MoneyPlace offers unsecured personal loans with rates starting at 8.49% p.a. – finance a range of personal purposes and borrow up to $80,000. Read the review and see if you're eligible to apply.
If you are budget-conscious and looking for a personal loan with clear expectations and repayments, the ANZ Fixed Rate Personal Loan is an option worth considering. With low fees and a competitive interest rate, this loan might be an option for you.
The ANZ Variable Rate Personal Loan may be a great choice for borrowers who want options. With a free redraw facility and the option to make additional repayments, borrowers get the comfort of a personal loan that will let them access much-needed funds.
Find out what rate you qualify for with Society One's innovative sliding interest rate scale. Loans are available up to $50,000, with flexible loan terms between two and three years. Find out how the loan works and if you're eligible to apply.
Use a personal loan calculator to work out your repayments or compare loans with a comparison calculator.
Looking for $1000 repay within 12 months. For dental. On pension 45000 pa. Can you help
Hi Hugh,
You might be eligible for the Good Shep no interest loan, you can get more info here: https://goodshep.org.au/services/nils/
Otherwise, you might want to look up some payday loan options. Note that the fees and rates on these loans can be quite high, so make sure you’re clear on all the costs involved.
Hope this helps!