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Find a personal loan for your personal needs
You can use the table below to easily compare personal loans and find the one that fits you best.

We’ve also included any relevant fees and charges. Spoiler alert ahead, there is no monthly fee or any early payout charges.
Unsecured Fixed Personal Loan
Secured Fixed Car Loan
Unsecured Green Personal Loan
Green Car Loan
Debt consolidation
Higher education
Medical expenses
Dental work
  • Whitegoods
  • Furniture
  • Home repairs
  • Kitchens
  • Solar panels
  • Renovations
Green items including:
  • Solar panels
  • Battery packs
  • Solar hot water systems
  • Hot water heat pump systems
New and used vehicles of any age:
New and used vehicles up to 7 years old:
New and used electric or hybrid vehicles up to 7 years old. Includes home charging stations, if also purchasing or refinancing an electric or hybrid vehicle.
You may like this loan if: You want the certainty of a fixed repayment. You're buying or refinancing a car or motorbike up to 7 years old. You're buying eligible green items. You're buying or refinancing an electric or hybrid vehicle.
Interest rate range 7.49% p.a. to 19.99% p.a. 6.49% p.a to  15.04% p.a. 6.74% p.a. to 19.24% p.a. 5.99% p.a. to 14.29% p.a.
Comparison rate range 7.74% p.a. to  20.27% p.a.2

6.86% p.a. to 15.44% p.a.1

6.99% p.a. to 19.52% p.a. 6.36% p.a. to 14.69% p.a.
Loan amount $5,000 to $75,000 $5,000 to $100,000 $5,000 to $75,000 $5,000 to $100,000
Loan term 1-7 years 1-7 years 1-7 years 1-7 years
Establishment fee $175 $175 $175 $175
Security administration fee $0 $90 $0 $90
Monthly account Fee $0 $0 $0 $0
Early payout cost $0 $0 $0 $0
Fee-free extra repayments Yes Yes Yes Yes
What to look for when comparing personal loans?
Comparing personal loans is easy when you know what to look for.

Loan purpose

What do you need a loan for? Your answer could help you when comparing personal loans.

For example, if you’re buying a new car, a Secured Fixed Car Loan could offer a lower interest rate than an Unsecured Fixed Personal Loan. Or if you’re looking to consolidate debt, a loan with $0 monthly fees and a competitive interest rate, could help you save money and get ahead with your finances.

Still deciding? Send us a message on live chat, we’re here to help.

What is a personalised interest rate?*

A personalised interest rate is an interest rate based on an assessment of your credit score. If you have an excellent credit score and a good history of repaying loans, credit cards and other bills, you may be offered a lower interest rate.

When you apply for a personal loan your individual situation and your credit score will be considered when calculating your personalised interest rate. Once your loan application has been assessed, you’ll receive a loan contract with your finalised interest rate.


When comparing personal loans, features are the icing on the cake. Features are often overshadowed by interest rates but the best ones can help you pay off your personal loan sooner.

Keep an eye out for loans that offer free extra repayments and flexible repayment options. You’ll have more control over your loan and can pay it off your way.

A free redraw facility is another good-to-know feature which allows you to access your extra repayments. If unexpected expenses arise, you won’t be caught short!3


It’s time to check the fine print for fees. Most personal loans have an establishment fee, but don’t forget to double-check for extra fees such as a monthly account keeping fee to have your loan. Or fees and charges if you choose to pay your loan out early.

These sneaky fees may seem small, but they could cost you more over the life of your loan and even cancel out a low interest rate.

Fun fact: Great Southern Bank Personal Loans have no monthly fee or charges for early payout, so you can enjoy having a little extra money in your pocket.


Personal loans explained

What is the difference between a secured vs unsecured personal loan?

A secured loan is 'secured' against the asset you are borrowing for such as a car, or home. If you are unable to repay the loan, the lender can sell the asset to cover the costs of the loan. Most secured personal loans have a lower interest rate when compared to an unsecured personal loan because there is an asset attached.

An unsecured personal loan is a loan that does not require an asset as security. Your income and ability to repay the loan is still assessed, however you don't need an asset to secure the loan.

If you’re buying a car or motorbike under seven years old, a Great Southern Bank Secured Fixed Car Loan may be right for you.

For vehicles older than seven years, Unsecured Fixed Personal Loans are available.

How do you calculate my rate?

The rate you are offered is calculated on your personal circumstances and credit history. A few different factors are considered, including:

  • your credit score
  • information provided in your application
  • existing loans
  • the loan amount and your perceived ability to repay the loan.
What is a comparison rate?

A comparison rate is the interest rate, plus any additional fees and charges you will be expected to pay over the loan term. As comparison rates indicate the true cost of a loan, they make it easier to decide which is best for you.

Will applying for a loan impact my credit score?

Each time you apply for a loan, a record is made on your credit report. Although this may result in a temporary dip to your credit score, it will recover as long as you stay on top of your current repayments and keep future loan applications to a minimum.

It’s important to avoid submitting multiple loan applications within a short space of time, as this will most likely lead to a decline in your credit score.

How can I check my credit score?

You’re entitled to a free copy of your credit report every three months from a Credit Rating Bureau (CRB). The CRB must provide the report within 10 days of your request.

The three main Credit Rating Bureaus in Australia are:

  • Equifax (previously known as Veda) -

  • Experian Australia Credit Services -

  • illion (formerly Dun & Bradstreet) -

How can I improve my credit score?

There are a few things you can do to help improve your credit score:

  1. Make sure you pay all your existing debts, loans, and bills on time. This will help show that you can manage your finances and meet your financial commitments.
  2. Remember that each time you submit a loan application, it is recorded on your credit file and reduces your credit score. So, try not to submit too many unnecessary loan or credit applications.
  3. Make your credit card payments on time. Whether you’re paying off the full balance or just making your minimum repayment, doing so before the due date every month demonstrates that you are financially responsible and can help build your credit score.

You can check your credit file at any time too.

If you believe there is an error on your file, you should contact the relevant credit provider or reporting agency to have it corrected. If you’re unhappy with their response, you can speak to a financial counsellor by calling the National Debt Helpline on 1800 007 007.

Learn more with our guide to understanding our personal loan interest rates.

Can we apply for a joint personal loan?

Yes, we do support joint personal loan applications. The same process applies.

Can I change my repayment frequency?

Yes. Weekly or fortnightly repayments can be changed to monthly. However, monthly repayments cannot be changed. In this case, you can easily set up Periodical Payments on a weekly or fortnightly basis to meet your monthly repayment.

Important Information

Loans are issued by Great Southern Bank, a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL and Australian Credit Licence 238317. Lending criteria, limits, conditions, and fees apply.

Rates current as at 7 March 2024 and subject to change.

Your loan contract will state the minimum monthly repayment amount. You can arrange with us to make repayments on a weekly or fortnightly basis.

1 Comparison rate examples are accurate for a personal loan amount of $30,000 secured loan over a term of 5 years. WARNING: Comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

2 Comparison rate examples are accurate for a personal loan amount of $30,000 unsecured loan over a term of 5 years. WARNING: Comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

3 A $200 minimum withdrawal amount applies for redraws conducted in-branch. Redraw facility is available for Great Southern Bank Personal Loan products on offer from 6 June 2017.

*The rate you are offered is calculated based on your personal circumstances and credit history. A few different factors are considered, including:

  • Your credit score.
  • Information provided in your application.
  • Existing loans.
  • The loan amount and your perceived ability to repay the loan.

Your personalised rate won’t be confirmed until you receive an offer from us (if approved) and is subject change before your loan settles.