Personal Loans Directory — Australia 2026
Compare personal loans from major banks, mutual banks and online lenders. Always use the comparison rate and check eligibility directly with the lender.
Compare Personal Loan Providers
Rates shown are approximate starting rates for well-qualified borrowers (excellent credit) as of mid-2026 and can change. Your actual rate depends on credit score, income, loan amount and lender assessment.
| Lender | From Rate (p.a.) | Comparison Rate* | Loan Amount | Term | Type |
|---|---|---|---|---|---|
| Harmoney Online | 5.76% | ~5.76% | $2,000 – $100,000 | 3 – 7 years | Unsecured fixed |
| OurMoneyMarket Online | 5.95% | ~5.95% | $5,000 – $100,000 | 1 – 7 years | Unsecured fixed |
| NOW Finance Online | 5.95% | ~5.95% | $5,000 – $50,000+ | 18 mo – 7 years | Unsecured / secured options |
| Plenti Online | 6.17% | ~6.17% | $5,000 – $75,000 | 3 – 7 years | Unsecured fixed |
| MoneyPlace Online | 6.30% | ~6.30% | Up to ~$80,000 | Varies | Unsecured fixed |
| MoneyMe Online | ~6.24% | ~6.95% | $5,000 – $70,000 | Varies | Unsecured |
| SocietyOne Online | ~7.99% | ~7.99% | Varies | Varies | Unsecured fixed |
| ING Bank | 6.19% | ~7.03% | $5,000 – $60,000 | 2 – 7 years | Unsecured fixed |
| Commonwealth Bank Big 4 | ~7.25% | ~8.65% | Varies | 1 – 7 years | Fixed / variable options |
| Westpac Big 4 | ~7.29% | Varies | $4,000 – $50,000+ | 1 – 7 years | Unsecured |
| ANZ Big 4 | ~7.49% | ~8.18% | Varies | 1 – 7 years | Fixed / variable |
| NAB Big 4 | ~7.50% | Varies | Varies | Varies | Unsecured |
| Great Southern Bank Mutual | ~7.49% | ~7.49% | $5,000 – $75,000 | Varies | Unsecured fixed |
| IMB Bank Mutual | Competitive | Varies | Varies | Varies | Secured & unsecured |
| Bendigo Bank Bank | Varies | Varies | Varies | Varies | Secured & unsecured |
* Comparison rate is calculated on a standard $30,000 loan over 5 years (ASIC requirement) and includes most fees. Actual rates and fees vary.
Simple Loan Payment Calculator
Estimate repayments. This is a basic tool and does not include fees or lender-specific conditions.
Estimated monthly repayment:
—
Total interest: —
Total repaid: —
Quick Guide to Personal Loans in Australia
Comparison Rate Matters
Always compare the comparison rate, not just the advertised interest rate. It includes most fees and is standardised by ASIC on a $30,000 loan over 5 years.
Credit Score Impact
Your Equifax or Experian score heavily influences the rate you receive. Excellent credit unlocks the lowest advertised rates; lower scores mean higher rates or specialist lenders.
Secured vs Unsecured
Secured loans (usually against a car) often have lower rates. Unsecured loans are more flexible but typically cost more.
Responsible Lending
Australian lenders must assess whether a loan is suitable and affordable under National Consumer Credit Protection laws. Be prepared to provide income and expense details.
Frequently Asked Questions
What is a good personal loan rate in 2026?
For excellent credit, unsecured rates starting around 5.76%–6.5% p.a. are competitive. Average rates are higher. Always check the comparison rate.
Do online lenders offer better rates?
Often yes for well-qualified borrowers. Fintechs like Harmoney, OurMoneyMarket and NOW Finance frequently advertise sharper starting rates than the Big 4 banks.
Will applying hurt my credit score?
A hard credit enquiry can have a small temporary impact. Many comparison sites and some lenders offer soft checks or pre-approvals first.
Can I repay early?
Most modern personal loans allow early repayment. Some charge early exit fees — check the product disclosure statement carefully.
This page is an educational directory only and does not constitute financial advice, a credit offer or a comparison service under Australian law. Interest rates, comparison rates, fees and eligibility criteria change frequently and depend on your individual circumstances. Always verify current details directly with the lender and consider seeking independent financial advice. Credit is subject to lender approval and responsible lending obligations under the National Consumer Credit Protection Act 2009. We are not affiliated with any lender.