Unfortunately there is no such thing as the cheapest personal loan, because what is financially suitable for one borrower may not benefit another. That is why personal loans vary dramatically on features.
However, by comparing personal loans online at RateCity you’ll be able to find one of the cheapest personal loans for your situation.
It’s simple to compare the cheapest personal loans online because it save you time otherwise spent trawling through the various financial institution’s websites. At RateCity, all of that hard work has been done for you and you’ll find a range of lender’s cheapest personal loan options available to compare side-by-side with competitor’s loans.
By comparing online you’ll also likely save money by finding the cheapest personal loan for your situation. So it really pays to do your research before jumping into debt of any kind. Because 30 minutes spent scanning RateCity for the cheapest personal loan to suit your needs may save you money in the long run.
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Monthly repayments are indicative and based on advertised rate, loan amount and selected payment frequency over nominated loan term. Rates shown are minimum available and may vary depending on your individual circumstances and loan amount.
The comparison rate is based on secured credit of $10,000 and a term of 3 years. WARNING: The comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan. Comparison rates are not calculated for revolving credit products.
Consider whether this general financial advice is right for your personal circumstances. You may need financial advice from a qualified adviser. Read our detailed disclosure here.
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