<div class="fusion-layout-column fusion_builder_column fusion-builder-column-25 fusion_builder_column_1_1 1_1 fusion-flex-column" style="--awb-bg-blend:overlay;--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;"> The minimum qualification requirements for a personal loan are: You must be over 18 years of age Be employed or self-employed Have a minimum income before tax and super of $23,000 Be a Permanent Resident or Citizen Each lender reserves the right to include further credit criteria. These criteria ensure loan affordability and confirm the creditworthiness of the applicant.

<div class="fusion-layout-column fusion_builder_column fusion-builder-column-31 fusion_builder_column_1_1 1_1 fusion-flex-column" style="--awb-bg-blend:overlay;--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;"> We have access to 40+ lenders across the market, so whether you have excellent or bad credit we have options available. You will, however, have a better chance of getting approved if you have a higher credit score.

Find the best unsecured personal loan today. It’s so simple with Geared Loans.

Personal loans are the most common type of loan available. A personal loan allows you to borrow a sum of money that you will repay, with interest, over an agreed period of time. These loans do not require any collateral (security) such as your house or car.

Finding the best personal loan is super easy with Geared Loans. Thanks to our state-of-the-art funding platform, we have access to over 40 of Australia’s lenders to help you find the right loan. Save time by letting us do all the groundwork for you.

1. Apply online for a personal loan. It only takes a few minutes and won’t impact your credit score.

2. A qualified professional advisor will be in touch with the best rates and lenders for you as soon as possible.

3. Relax! We’ll sort out everything else. Just sit back until your loan arrives.

What can I use a personal loan for?

Home Improvements

More info

Travel

Medical Procedures

Education

Wedding Costs

Legal Fees

Tax bills

Funeral Expenses

Apply Now

40+ Lenders at your fingertips:

Frequently asked questions

What is a personal loan?

A personal loan allows you to borrow a sum of money and then repay it over time, with interest.

These loans can be either secured (where the finance company takes an asset as security) or unsecured (where only your personal guarantee is required).

Personal loans are often a fast way to access cash for a wide variety of purposes.

What can I use a personal loan for?

A personal loan can be used for any number of purposes, from consolidating debt, taking a holiday, getting married, paying your medical or legal expenses and much more… If you are looking for home improvement loans then see our home improvements loans page.

Do I qualify?

The minimum qualification requirements for a personal loan are:

You must be over 18 years of age
Be employed or self-employed
Have a minimum income before tax and super of $23,000
Be a Permanent Resident or Citizen

Each lender reserves the right to include further credit criteria. These criteria ensure loan affordability and confirm the creditworthiness of the applicant.

How much can I borrow with a personal loan?

The maximum amount you can borrow depends on your credit history, your current financial situation and what you plan to use the money for. Depending on your circumstances, you’ll be able to borrow between $10,000 and $200,000.

How much are the repayments?

Loan repayments are based on three main factors:

the amount you borrow;
the term of the agreement;
the interest rate.

All these combined determine the repayment amount. Other factors like loan fees and balloons may also affect the monthly repayment amount.

How fast are approvals?

When all the required information is provided, lenders generally respond the same day with an outcome. But some more complex applications may take between 24-48 hours.

Please provide your details through our online application and one of our finance partners will be in touch with you shortly.

Our Partners aim for an outcome the same day. They can then send funds to you in less than 24 hours – provided all the required information is at hand.

Approvals can last up to 90 days, so get ‘Pre Approved’ today.

How long is the loan?

Loan terms can range from two to seven years, with four to five years being an average contract term. As a rule of thumb, the longer the loan term, the lower the repayments.

Will it affect my credit score?

Making an enquiry to discuss your circumstances, get finance quotes and fact-find will not affect your credit score. You can discuss all your requirements with a loan specialist.

When you are happy with your indicative quotations and wish to proceed, the lender may perform a ‘hard’ credit search. This is normal and is noted on your credit history. It can affect your credit score, so your consent is required before this happens.

Bad credit score?

We have access to 40+ lenders across the market, so whether you have excellent or bad credit we have options available. You will, however, have a better chance of getting approved if you have a higher credit score.

Can I use a personal loan for business purposes?

You can use a personal loan for many different purposes, including starting a business or developing business ideas.

However, there are specific and more suitable business loan products that are designed to support established businesses that have been trading for longer than 6 months. Please click here to learn more.

Why choose us?

Your needs are at the heart of everything we do. Here are just some of the ways we do it:

Flexibility

Quick and easy online application. Fast decisions and funding possible in less than 24 hours on flexible options up to $200,000.

Support

A dedicated Lending Specialists will get to know you and provide a personalised solution. Everything is clear and easy to understand – no hidden fees and no nasty surprises. We can help even if you have a less than average credit score.

Confidence

We simplify the complicated process of comparing and buying products. Our soft searches will not affect your credit score. Save your time and your money.

Easy loan application. Free expert advice. Credit check friendly.

Apply Now

Personal Loans made easy

Find the best unsecured personal loan today. It’s so simple with Geared Loans.

Personal loans are the most common type of loan available. A personal loan allows you to borrow a sum of money that you will repay, with interest, over an agreed period of time. These loans do not require any collateral (security) such as your house or car.

Finding the best personal loan is super easy with Geared Loans. Thanks to our state-of-the-art funding platform, we have access to over 40 of Australia’s lenders to help you find the right loan. Save time by letting us do all the groundwork for you.

1. Apply online for a personal loan. It only takes a few minutes and won’t impact your credit score.

2. A qualified professional advisor will be in touch with the best rates and lenders for you as soon as possible.

3. Relax! We’ll sort out everything else. Just sit back until your loan arrives.

What can I use a personal loan for?

Home Improvements

Travel

Medical Procedures

Education

Wedding Costs

Legal Fees

Tax bills

Funeral Expenses

40+ Lenders at your fingertips:

Frequently asked questions

Why choose us?

Your needs are at the heart of everything we do. Here are just some of the ways we do it:

Flexibility

Quick and easy online application. Fast decisions and funding possible in less than 24 hours on flexible options up to $200,000.

Support

A dedicated Lending Specialists will get to know you and provide a personalised solution. Everything is clear and easy to understand – no hidden fees and no nasty surprises. We can help even if you have a less than average credit score.

Confidence

We simplify the complicated process of comparing and buying products. Our soft searches will not affect your credit score. Save your time and your money.

Easy loan application. Free expert advice. Credit check friendly.

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Recreational Vehicle Finance

Personal Loans & Debt Consolidation

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