We currently don't have that product, but here are others to consider:
How we picked theseWhen comparing $10,000 personal loans, make sure you consider the following:
Feature | Explanation |
|---|---|
Interest rate | The percentage of the loan the lender charges you for borrowing. A lower rates means lower monthly interest charges. |
Fixed or variable | A fixed interest rate locks you into a single interest rate for the entirety of the loan. Variable rates can change, either go up or down. |
Fees | Many loans charge a one-off establishment fee as well as a monthly service fee. Other fees to watch for include early repayment fees, early break fees, and redraw fees. |
Loan term | How long you have to repay the loan, with most personal loans allowing you to borrow for up to seven years. Choosing a shorter loan term means you pay more back each month, but also reduces the amount of interest you pay over the life of the loan. |
Security | Borrowers often use secured personal loans when buying a car. The car is security for the loan if you can't repay it. But many lenders offer competitive unsecured loans that don't require any security. |
Repayment schedule | Many loans allow you to choose from weekly, fortnightly or monthly repayments. |
Loan purpose | Most unsecured loans are for "any worthwhile purchase", and can be used for anything from weddings to holidays, to electronics or a car. Some loans, such as green loans or debt consolidation loans, must be used for a specific purpose. |
Your monthly repayments will depend on your interest rate, any fees and your loan term. Most personal loans offer personalised interest rates where your interest rate is personalised based on your credit score, with higher scores being offered lower rates.
This makes it hard to guarantee how much your loan repayments will cost. You can use this month's best rates to calculate an estimate using our personal loan calculator.
| Years remaining | Principal remaining |
|---|
"Taking out a $10,000 loan will likely be a years-long commitment, but the longer you make your loan term the more money you will pay in interest. On the plus side, you'll probably be able to better manage your monthly repayments.
As an example, a $10,000 loan with an interest rate of 7% over 3 years will make your monthly repayments $309 a month and you'll pay $1,116 in interest over the loan. If you paid that same loan off over 6 years, you'd pay a lower repayment of $151 but you'd pay $2,678 in interest on top of your loan amount.
The decision is for you to weigh up. Take a look at how much you can comfortably afford each month (and by comfortably I mean with extra cash left over for those emergencies that can crop up). The sooner you can pay off the loan, the better, but not if it will put you in financial stress with the repayments."
$10,000 is a large amount of money for most people. It's a large personal loan, but it's a massive credit card debt.
Personal loans have lower interest rates on average than credit cards, and scheduled repayments with a set end date.
With credit cards, it's possible to build up a large debt and take years to pay it off. The interest charges can really start to add up.
If you can qualify for a card with a $10,000 limit you (hopefully) have a reasonable income and an Excellent credit score.
Even so, the card won't let you spend $10,000 in one go. But you could use a card like this to cover multiple transactions over time.
If you're diligent about paying them off, and take advantage of interest-free periods, you could avoid paying huge amounts of interest.
Addicted to details. We know taking out a personal loan is something you'll be hooked up with for a while. That's why we put hours into research for this guide (and still do at least once a month)
Rates obsessed. Lenders come in all shapes and sizes, that's why we don't just track the big banks, but all the digi folk too. Pretty much everyone but your parents to be honest. 
Cash for whatever you need. Lending rates verified from 180+ products day and night. Whether you're buying a car, rennovating your home or heck just ready to let loose with the spending - we got you.
Read Finder's review of OurMoneyMarket's Secured Personal Loan. See if this loan is right for you.
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.
A marketplace personal loan with personalised interest rates.
Personal loans offer a range of loan amounts to suit different purposes and budgets. Here's how to get the loan amount you need.
An unsecured personal loan with zero fees and interest rates personalised to your risk profile.
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.
Temporary Australian residents may be eligible to apply for personal loans, depending on the visa they hold.
Not all personal loans come with endless documentation. Some lenders specialise in quick and easy application processes.
Use a personal loan calculator to work out your repayments or compare loans with a comparison calculator.
Hi there. I am a current bankrupt, thought I become discharged after 3 years in May 2017.
After being discharged. I’m wanting to obtain a $30000 loan to consolidate all current debts and bills and begin to restrengthen my credit history with 1 manageable weekly repayment.
Can anyone help point me in the right direction?
Hi Joshua,
Thanks for your question.
You may go ahead and check bankrupt loans featured on our website and compare lenders who may consider you for a loan after you are discharged from bankruptcy.
Cheers,
Anndy
Hi there I have good credit history and have found a car I love for 10, 000 I currently have a car loan but I am casual so I cant get another car loan but I am on 60, 000 a year after a lender doesn’t bother me about interest rate just really need the money
Hi Phil,
Thanks for your question.
If you are a casual employee and would like to apply for a car loan, there’s a list of car loans for casual workers featured on our website.
Alternatively, if you are considering a personal loan, there’s also a list of personal loans for casual employees you can check.
Cheers,
Anndy
Hi I am looking for a debt consolidation loan to help me get on top of 6 different debts I currently have.Problems l encounter at the moment I have been at my job just over 3 months (after being employed at my last job for 26 years) and being paid casual rate on a full time basis ,in which I will always be paid as not too many employees are made permanent thus paid as full time/ casual and my credit score fluctuates (currently below average) due to too many
applications or missed payments.
Can you please help me?
Hi Steve,
Thanks for your question.
Sorry for the delay. I’m afraid I can’t recommend a specific lender to you, although you may find a guide on our website that talks about how to consolidate your debts. Please open that link to learn more.
Cheers,
May
We are a family of 4 that live on a disabled income. We also have 0 credit. What is a loan that is available to a family, who own our home free and clear, but are unable to make ends meet!! We would love to have simple things. My wife needs teeth. She lost them due to treatment for cancer. And how we would like to give our boys a Christmas they would not soon forget! If you can help us with this let us know ASAP
Hi Jason and Belenda,
Thanks for reaching out and I’m sorry to hear about your difficult situation.
Although we’re not sure you’ll be approved for a loan or not, you can check your Centrelink loan options and review their criteria. I suggest that you read through the page first and then get in touch with a lender to discuss your chances of approval.
Hope this helps.
Cheers,
May
I am a full time job and I have a car if I want to use my own car for loan money about 10,000 it is possible?
Thank you.
I need loan me 1000
Hi Tenzin,
Thanks for reaching out.
You may want to check the list of $1,000 loans featured on our website and compare your options. Make sure you meet the requirements and then get in touch with a lender.
Hope this helps.
Cheers,
May
Hi K,
Thanks for your question.
Yes, there are lenders that accept personal loans with security (in any form, like a car, equity in your home, jewellery or even term deposit accounts) and you can compare through the list of personal loans found on our website. Please review the overall criteria and requirements before you apply.
Hope this helps.
Cheers,
May