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Quick & Easy Online Loans in Australia

There’s nothing more empowering than having Australia’s leading credit providers and loans at your service. Get unparalleled access to lenders and credit options right here!

With access to all of Australia’s leading loans and credit providers in a specific credit category you simply can’t go wrong!

Find the right lender with the lowest rates, best terms and repayment periods that work with your budget.

Frequently Asked Questions

What is a Personal loan?

Personal loans offer flexible amounts ranging from $1,000 to $50,000 with loans terms from 1 to 5 years. They’re offered by a variety of lenders from banks to peer-to-peer platforms and specialist lenders.

If used correctly, these financial tools will enable you to grow and maximize your income, build up assets over time and manage your money.

How to use a Personal loan?

As one of the most versatile forms of credit on the market, you can enjoy using a personal loan for everything from renovating you home and buying a car to consolidating debt. You can also finance your special day, buy appliances or pay for a family holiday.

Personal loan interest rates & fees

When looking for a personal loan, it’s crucial to compare interest rates. The best way to do this is by using the comparison rate of each product. This rate not only includes interest but also establishment fees and maintenance fees.

Interest rates range from 6% to 36% and you’ll be offered a personalized rate based on your personal and credit profile.

Do I qualify for a Personal loan?

When evaluating your loan application, lenders will also take into account how long you’ve been with your current employer, your monthly income and expenses as well as whether you’re part of a dual-income household. For obvious reasons, individuals from two-income households have higher chances of getting approved.

Selecting your ideal loan and provider

We provide a comprehensive list of lenders and up-to-date loan information to help you select the most appropriate personal loan for your unique needs. From loan amounts and terms to interest ranges, we’ve got the latest information available for you to leverage.

List of direct lenders offering Personal loans

  1. Cigno Loans Personal loan

    Cigno Loans

    • Loans up to $1,000
    • The financial specialists
    • High approval rate
  2. Jacaranda Finance Personal loan

    Jacaranda Finan...

    • Loans up to $15,000
    • Term up to 24 months
    • Interest up to 48%
  3. NAB Personal Loan Personal loan

    NAB Personal Lo...

    • Loans up to $55,000
    • Term up to 7 years
    • Interest from 12.69%
  4. Champion Loans Personal loan

    Champion Loans

    • Loans up to $15,000
    • Term up to 5 years
    • Interest from 12%

Loans for people with bad credit

One of the most well-know criteria for borrowing money is your credit history. If you have a good credit history, your chances of approval are drastically higher and so is your ability to negotiate for a good interest rate and flexible terms.

If you have bad credit history however, things are going to be a little more complicated but, we’re here to help you find your way with specialised loans for bad credit.

How to use a Bad credit loan?

Just as with regular personal loans, bad credit options can be used for anything from debt consolidation to large purchases. That said, due to the higher interest you’re likely to be charged it may not be beneficial to use the loan to consolidate debts as it will increase the overall cost of your debt long term.

Secured vs unsecured bad credit loans

Lenders will be more willing to give you a loan if you have an asset, such as a home, to secure against the loan. This is called a secured loan and is probably the best option for anyone with a bad credit history because it allows lenders to overlook your past as they assume a lower risk.

That said, there are some lenders who offer unsecured loans for people with bad credit. These loans, however, offer lower loan amounts and will carry even higher interest rates.

Bad credit loan maximum amounts & interest rates

You can access loan amounts of up to $50,000 with interest rates of up to 36%. That said, average interest rates among leading lenders range from 6.5% to 12.9%.

How XPLoans can help you secure a loan!

We offer comprehensive information and access to lenders for people with bad credit all the while helping them avoid common loan mistakes and debt traps. You can compare interest rates, loan amounts and terms or simply select the lender with the best reviews.

List of lenders offering Bad credit loans

  1. Cigno Loans Bad credit loan

    Cigno Loans

    • Loans up to $1,000
    • Easy application process
    • Direct payday lenders
  2. State Custodians Bad credit loan

    State Custodian...

    • Loans up to $1,000,000
    • Reliable home loans
    • Better loan deals
  3. Safe Financial Bad credit loan

    Safe Financial

    • Loans up to $5,000
    • Term up to 1 year
    • Interest from 8.7%
  4. Nifty Bad credit loan


    • Loans up to $5,000
    • Term up to 12 months
    • Interest from 21.24%

What is a short-term loan?

Short-term loans offer you a small loan that can be obtained quickly and easily online. You’ll either have to repay your loan in 3 monthly installments or repay your entire loan on your next payday.

How to use a Short-term loan?

Short-term loans are highly flexible and can be used for just about anything! From paying overdue bills to covering repair costs, it’s entirely up to you what you use the loan for.

How much can I borrow with a Short-term loan?

If you’re taking out a short-term loan under $2,000, your lender will not be able to charge your more than 20% of the loan amount as an establishment fee and 4% maintenance fees.

Do I qualify for a Short-term loan?

As long as you’re an Australian citizen or resident, are 18 or older and have a regular, stable income of $350 or more per week, you can apply for a loan. If you have bad credit, you may still be able to qualify for a loan as long as you can prove affordability.

What’s are the risks of a Short-term loan?

Short-term loans can be a godsend when you need a cash boost but, if you fall behind on payments they can turn into a nightmare. Due to their high costs, they can be taxing on your overall financial health, especially if you’re using them regularly.

While most short-term loans are unsecured, there are some lenders that offer secured versions. While these loans may come cheaper they put you at risk of losing your asset, even when you’re loan is substantially lower than the value of your asset.

Let us help you find your ideal loan

We’ve collected and listed Australia’s finest short-term lenders so you can easily find your match. Simply browse our collection which includes rates, loan amounts, and reviews to find the best option for your needs.

List of direct lenders offering Short-term loans

  1. Safe Financial Short-term loan

    Safe Financial

    • Loans up to $5,000
    • Term up to 1 year
    • Interest from 8.7%
  2. Credit24 Short-term loan


    • Loans up to $10,000
    • Term up to 36 months
    • Interest up to 48%
  3. Cigno Loans Short-term loan

    Cigno Loans

    • Loans up to $1,000
    • Finance management
    • Quality services
  4. Nimble Loans Short-term loan

    Nimble Loans

    • Loans up to $5,000
    • Term up to 4 months
    • Interest from 4%

How to get a Car loan?

Before applying for car finance it’s important to do your own math. Firstly what’s your budget for a new car? Work out how much money you can afford to pay toward a car loan, and work your way from there.

Remember to subtract your down-payment and make sure you don’t pay more than 20% of your take home pay towards your car loan. In addition you’ll need to budget for the additional expenses that come along with a new car such as insurance, fuel, and maintenance costs.

Car loan terms & interest rates

Interest rates on car loans typically range between 3% and 10% if you’re going for a secured loan but may rise to 17% on unsecured versions. Credit unions are now one of the most popular choices simply due to the sheer value and affordability they ensure.

How much can i borrow Car loan?

The minimum amount you can get is around $5,000 with a maximum loan amount of $35,000. You’ll usually be offered a loan term of between 3 and 5 years but some lenders will allow you to repay your loan in up to 8 years.

Alternatives to Car loans

In addition to regular car finance you can take out a personal loan or credit card, make use of dealership finance or use your mortgage to finance the purchase of a vehicle. Since everyone’s situation and goals are unique, it’s important to weigh up all your options before making an offer on a car or applying for credit.

Compare Car loans & save

You can find various websites which give you the opportunity to compare different car finance options products, but as these products are subject to constant changes, these sites may not always offer up-to-date information which makes basing your financial decisions solely on the information you get off these sites risky.

At XPLoans we offer you a comprehensive collection of car finance providers from the large banks to the smaller dealerships focused on personalized service. Browse our collection and take your pick!

List of lenders offering Car loans

  1. ANZ Car Loan Car finance

    ANZ Car Loan

    • Loans up to $50,000
    • Term up to 7 years
    • Interest from 15.99%
  2. Capital Finance Car finance

    Capital Finance

    • Experienced asset finance
    • Excellent service
    • Credit assessments
  3. RAC Car finance


    • Loans up to $100,000
    • Term up to 7 years
    • Interest from 5.70%
  4. Fox Symes Car finance

    Fox Symes

    • Loans up to $50,000
    • Term up to 7 years
    • No deposit required

What is Debt consolidation?

If you’re struggling to manage multiple debts or owe money to multiple lenders, it may be wise to consider a debt consolidation loan, which will essentially help you break the vicious debt cycle by combining all your debts into one, easy to manage loan.

Debt consolidation is the act of rolling multiple debts into one, larger personal loans, credit card balance or mortgage. While you won’t necessarily save on interest in the long run, you’ll certainly make your debts much easier to manage and may reduce your monthly installment to free up some cash for everyday living.

Which of my debts can be consolidated?

The most commonly consolidated debts include credit card debt, store cards and short-term loans but may include car finance and other forms of credit. If you’ve already defaulted or have missed payments, chances are your credit score has already been affected.

Debt consolidation for people with bad credit

The lowest credit score that a lender will accept will be around 580 for alternative providers and 650 for the mainstream lenders. This means that if you have bad credit your chances of approval will be significantly diminished.

In addition, your credit score will likely take a dip once you take out a consolidation loan but will improve as time passes and you manage to keep up with your repayments as agreed.

Effective debt & loan management

The effective management of a loan is as important as getting approved for one. You have to ensure that you keep up with the agreed repayments to avoid dangerous penalty fees that can adversely affect your financial well-being as well as the bad credit that comes along with missed payments.

Let XPLoans help you find your match

We have a collection of Australia’s leading debt consolidation lenders, ready to take your application and help you change your life. Most lenders allow for a loan application online which will only take a couple of minutes to complete.

List of lenders offering Debt consolidation

  1. RAC Finance Debt consolidation loan

    RAC Finance

    • Loans up to $100,000
    • Term up to 7 years
    • Interest from 6.20%
  2. CUA Debt consolidation loan


    • Loans up to $50,000
    • Term up to 7 years
    • Interest from 9.89%
  3. National Australia Bank Debt consolidation loan

    National Austra...

    • Loans up to $55,000
    • Term up to 7 years
    • Interest from 12.69%
  4. Bankwest Debt consolidation loan


    • Loans up to $50,000
    • Term up to 5 years
    • Interest from 11.99%