Access a competitive interest rate from 7.99% p.a. with this personal loan.
With a Finder Score of 7, this loan's main advantage is its competitive minimum interest rate, which is in the top half of the loans we analyse. It also allows fee-free extra repayments.
However, prospective borrowers should note the costs. The $395 application fee is in the top half of higher fees in our database and a $17 monthly fee also applies, adding to the total cost.
Finder exclusive:
Get 2% p.a. off your interest rate and a $100 Finder Reward Visa Gift card when you apply through Finder by 31 Aug 2026 and settle your loan by 20 Sep 2026. Rates shown above already apply the 2% p.a. rate discount.
T&Cs apply.
Pros
Tailored interest rate
Low minimum borrowing amount
Secured or unsecured
Cons
Application fee of $395
$16.50 monthly fee
Early repayment fees may be charged
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Details
Product details
Product Name
Latitude Fixed Rate Unsecured Personal Loan - Finder Exclusive
Interest Rate (p.a.)
7.99% to 27.39%
Comparison rate (p.a.)
9.68% to 28.97%
Interest Rate Type
Fixed
Min Loan Amount
$5,000
Max. Loan Amount
$200,000
Loan Security
Secured or Unsecured
FINDER REWARDS EXCLUSIVE
Personal Loans
ENDS SOON
Get $100 from Finder
Apply for an eligible Latitude Personal Loan through Finder by 31 Aug 2026. Have your loan approved and settled by 20 Sep 2026 to receive a $100 Visa digital gift card.
T&Cs and limits apply.
Bottom 31% of 124 unsecured personal loans benchmarked
This productMarket average
How does Latitude Fixed Rate Unsecured Personal Loan - Finder Exclusive compare?
Competitive minimum interest rate. This loan's minimum interest rate of 7.99% p.a. is in the top half of lower rates in our database.
Fee-free extra repayments. You can make extra repayments without being charged a fee, a feature not all lenders offer.
High maximum loan amount. This loan offers a higher maximum borrowing amount than many other personal loans.
Higher-than-average application fee. The $395 application fee is in the top half of higher fees when compared to other personal loans.
Ongoing monthly fee. A $17 monthly fee is charged, which adds to the overall cost of the loan.
How does the Latitude Financial Services fixed personal loan work?
The fixed option of Latitude Financial Services' personal loan locks in an interest rate, meaning repayments will remain the same throughout the loan term. Personalised rates reward good credit customers with lower rates and charge more for customers with a patchy credit history.
This loan can be used for any general purchase such as holidays or emergency expenses. You can borrow upwards of $5,000, with loan terms of up to 7 years. The maximum you can borrow depends on your circumstances and current financial situation.
What features does the Latitude Financial Services personal loan offer?
Secured or unsecured loan. You can opt for either the secured or unsecured option.
Fixed rate. Your interest repayments will remain the same for the lifetime of the loan. This makes it easier to predict and budget for your repayments.
Personalised rates. Your interest rate is based on your personal circumstances and credit score. How long you've been in stable employment, whether you own a home or have a mortgage and your stable residential status all influence your interest rate. If your risk profile is low, you will receive a lower rate. If your risk profile is higher, your rate will also be higher.
Extra repayments. You can make extra repayments, but a charge applies if the loan is fully repaid early within the first half of your loan term. You won't be charged for repaying your loan in the second half of your loan term.
How much does the Latitude Financial Services secured personal loan cost?
These are the costs associated with this loan:
Loan principal.
Fixed personalised interest charges ranging from 7.99% p.a. to 27.39% p.a.
Establishment fee of $395
Loan service fee of $16.50 per month
Payment handling fee of $1.50 for using BPAY.
Other fees that may apply include the following:
Late payment fee of $45
What are the pros and cons of the fixed Latitude Financial Services personal loan?
Pros
Easy to budget. With fixed interest rates, it’s easier to predict and budget for your repayments. Your interest charges remain the same for the entire loan term.
Lower interest for low-risk borrowers. If your risk profile is low, you can get a lower interest rate and keep down the cost of your loan.
Cons
Early repayment fees. With the fixed option you will incur a charge if you fully repay your personal loan early.
Higher interest for high-risk borrowers. With personalised interest rates, your interest rate depends on risk factors. This means that while some borrowers may benefit from lower rates, others may receive a higher rate and pay more for the same loan.
Am I eligible for the loan?
To be eligible for the loan, you must be:
Over 18 years old.
A permanent resident or citizen of Australia.
Currently employed and receiving regular income.
Able to demonstrate good credit history for the last 5 years.
Free from bankruptcy for the last 7 years.
A new Latitude Personal Loan customer.
How do I apply?
You can apply for the loan online through the Latitude Financial Services website. You can check the interest rate you receive without impacting your credit score.
You need to provide payslips and identification documents. You will receive funding within 24 to 48 hours of acceptance. Keeping your documents at hand will help speed up the process.
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