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 6.75% p.a. and are capped at 21.65% p.a., while for unsecured loans rates start from 6.75% p.a. and are capped at 26.95% 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.
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How we picked theseDepending on your needs, one of these personal loans might be right for you.
A personal loan from NOW Finance comes with a few features and benefits:
The NOW Finance No Fee Unsecured Personal Loan won Best Unsecured Personal Loan in the 2025 Finder Awards.
Full list of 2025 winnersYou 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:
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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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.
Are secured personal loans better than unsecured personal loans and how do they work?
Find out more about Pepper Money's no fee personal loan and benefit from a competitive rate from 6.95% p.a., zero fees and loan terms of up to 7 years.
A risk-based personal loan from one of Australia's biggest non-bank lenders. Get a personalised rate which rewards higher credit scores.
Looking for a competitive rate? Plenti offers loans funded by investors with rates that are tailored to your personal circumstances.
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.
Are you in need of a larger loan but concerned about your credit history? There still may be options available, no matter your credit history. Read our guide to find out what might be available to you.
The Variable Rate Personal Loan features flexible loan and repayment terms and the ability to choose a loan amount up to $50,000. You are able to make unlimited additional repayments to help pay off your loan amount even faster, and you can redraw from your additional repayments if the need arises.
The Commonwealth Bank Fixed Rate Personal Loan offers a convenient financing solution to help you fund anything you need – borrow between $4,000 and $50,000 and have it funded on the same day you apply.