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NOW Finance Personal Loans

Apply for a loan up to $100,000 and pay for any expense. The interest rates you receive are based on your risk profile.

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With NOW Finance, you can opt for a secured or unsecured personal loan. Your borrowing limits are determined by the type of loan you apply for. For a secured loan, you can borrow up to $100,000, while $50,000 is the limit for an unsecured loan. NOW Finance loans can be used for a variety of purposes, and they have loans covering debt consolidation, travel, home improvement, medical expenses, funerals, career development etc. Interest rates are fixed, but will depend on the type of loan you apply for and your credit score. Rates for secured loans start from 4.45% p.a. and are capped at 15.45% p.a., while for unsecured loans rates start from 5.95% p.a. and are capped at 17.95% p.a. This means that you can get a low rate if you have excellent credit, but a high rate if your credit score isn’t perfect. There are no establishment, ongoing or early payout fees with these loans.

NOW Finance No Fee Unsecured Personal Loan

NOW Finance No Fee Unsecured Personal Loan

From

5.95 % p.a.

fixed rate

From

5.95 % p.a.

comparison rate

  • A competitive fixed rate
  • Apply for up to $50,000
  • Receive your funds in 24 hours
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100% confidential application

NOW Finance No Fee Unsecured Personal Loan

Apply for a NOW Finance Personal Loan to get reward of low interest rate for having a great credit history.

  • Interest rate from: 5.95% p.a.
  • Comparison rate: 5.95% p.a.
  • Interest rate type: Fixed
  • Application fee: $0 (No Establishment Fee)
  • Minimum loan amount: $5,000
  • Maximum loan amount: $50,000
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Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
NOW Finance No Fee Unsecured Personal Loan
NOW Finance No Fee Unsecured Personal Loan

From 5.95% (fixed)
5.95%
$5,000
18 months to 7 years
No Establishment Fee
$0
You'll receive a fixed rate between 5.95% p.a. and 17.95% p.a. based on your risk profile
Borrow from $5,000 to $7,999 with loan terms between 18 months and 3 years or borrow $8,000 to $50,000 with loan terms between 18 months and 7 years.
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NOW Finance Secured Personal Loan
NOW Finance Secured Personal Loan

From 4.45% (fixed)
4.45%
$15,000
18 months to 7 years
$0
$0
You'll receive an interest rate from 4.45% p.a. to 15.45% p.a.
Borrow up to $100,000 for terms between 18 months and 7 years. You can use this loan to buy a car, motorbike, boat, motorhome or caravan.
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Types of personal loans available from NOW Finance

Depending on your needs, one of these personal loans might be right for you.

  • Debt consolidation loan. If you have outstanding debt from credit cards, personal loans or other credit accounts, you can take out a debt consolidation loan to help you pay down your debt with one manageable repayment.
  • Travel loan. Looking at taking a trip away? A NOW Finance travel loan can give you some extra spending money or even help you purchase the tickets.
  • Vehicle finance loan. Whether you want to buy a new car or upgrade your current car, you can consider the vehicle finance loan to help you fund your new purchase.
  • Home improvement loan. Want to add value to your home? You can borrow up to $100,000 to add a new room, upgrade your backyard or renovate your bathroom.
  • Medical loan. You could apply for between $5,000 and $100,000 for dental surgery, cosmetic surgery, or even to cover the cost of laser eye surgery.
  • Funeral loan. Funeral costs can add up quickly, and the quick turnaround of NOW Finance loans can make its funeral loan an option to consider if you’re in need of additional funds.
  • Other loans. These include loans for career development, weddings and even loans for veterinary bills.

Features of NOW Finance personal loans

A personal loan from NOW Finance comes with a few features and benefits:

  • Interest rate. Loans come with a fixed interest rate, keeping your repayments the same over your entire loan term.
  • Loan amount. You can apply for between $5,000 and $100,000, depending on how much you need.
  • No security needed. You aren’t required to attach a guarantee on loans under $50,000.
  • Fast turnaround time. You can apply online or over the phone in about 10 minutes. Once you’re approved, you can receive your funds within two hours.
  • Repayment terms. You can choose to make weekly or fortnightly repayments over terms of up to 7 years.
  • Personal loan advisor. When you apply, you will have someone walk you through every step of the loan process.
  • No fees. When you choose to borrow between $5,000 and $100,000, there are no application or ongoing fees.

How you can apply

You have the option of completing your application online or over the phone. Before you do so, make sure you meet the eligibility criteria outlined below:

  • You’re an Australian citizen or permanent resident
  • You're employed as a full-time, part-time, casual or self-employed person and have cleared probation
  • Your main source of income isn’t from Centrelink payments
  • You have not been declared bankrupt or had a credit default with a lender

If you meet the minimum criteria, you can apply. Make sure you have your personal, financial and employment details on hand to complete the application.

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Apply for a loan up to $70,000 and repay your loan over 3 or 5 years terms.

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Logo for ANZ Fixed Rate Personal Loan
ANZ Fixed Rate Personal Loan

You'll receive a fixed rate of 8.99% p.a.
Apply for up to $50,000 to use for a variety of purposes without needing to add security. Available to self-employed applicants.

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Logo for NAB Personal Loan Unsecured Fixed
NAB Personal Loan Unsecured Fixed

You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
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Logo for SocietyOne Unsecured Personal Loan
SocietyOne Unsecured Personal Loan

You'll receive a fixed rate between 5.95% p.a. and 19.99% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.

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