Important disclosure

Wisr

Unsecured Personal Loan - Average

Real Time Rating™

  • 3 to 7 years
  • Unsecured
  • Fixed Rate
  • Instant approval
Interest Rate

18.05%

p.a

up to 21.49%

Comparison Rate*

From

22.53%

p.a

up to 26.07%

Real Time Rating™
Tags
  • 3 to 7 years
  • Unsecured
  • Fixed Rate
  • Instant approval
Interest Rate

18.05%

p.a

up to 21.49%

Comparison Rate*

From

22.53%

p.a

up to 26.07%

Calculate your repayments for this loan

$

Your estimated repayment

$1,085

based on $30,000 loan amount for 3 years at 18.05%

Pros and cons

For Unsecured Personal Loan - Average

Benefits

  • No ongoing fees
  • No early exit penalty
  • Flexible repayment options
  • No security required
  • Can apply online
  • Use the loan for any worthwhile purpose
  • Approval is instant

Drawbacks

  • Higher than average application fee
  • Cannot apply in branch

Wisr Rate Personal loan overview

For Unsecured Personal Loan - Average

Details

Total repayments

Interest rate type

Fixed

Borrowing range

$5k - $44k

Security type

Unsecured

Loan term

3 to 7 years

Secured by

Loan type

Is Fully Drawn Advance

Repayment frequency

Monthly, Weekly, Fortnightly

Target Market Determination

Visit Wisr to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

Instant approval

Time to funding

N/A

Fees

Upfront Fee

$595

Ongoing Fee

$0

Missed Payment Penalty

$25

Early Exit Penalty Fee

$0

Permitted Loan Purposes

New Car

Used Car

Motorcycle

Boat

Debt Consolidation

Renovation

Holidays

Medical Bill

Shares

Student Loan

Wedding

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Lower Rate

Unsecured Personal Loan (Excellent Credit) (Amount > $5000)

Real Time Rating™
  • 3 to 5 years
  • Unsecured
  • Fixed Rate
  • No ongoing fees

2024 Award Winner

Interest Rate

5.76%

p.a

up to 24.03%

Comparison Rate*

From

6.55%

p.a

up to 24.99%

Promoted

Secured

Low Rate Personal Loan Secured (Excellent Credit)

Real Time Rating™
  • 1 to 7 years
  • Secured
  • Fixed Rate
  • No ongoing fees
Interest Rate

6.57%

p.a

up to 8.48%

Comparison Rate*

From

7.19%

p.a

up to 13.58%

Promoted

Generic

Low Rate Personal Loan Unsecured (Excellent Credit)

Real Time Rating™
  • 1 to 7 years
  • Unsecured
  • Fixed Rate
  • No ongoing fees

2024 Award Winner

Interest Rate

6.57%

p.a

up to 8.48%

Comparison Rate*

From

7.19%

p.a

up to 13.58%

FAQs

How long are $3000 loans?

Medium amount loans can be repaid between 16 days and 2 years. Many personal loans have terms between 1 year and 5 years, though some are as short as 6 months while others last for 10 years.

Generally, the shorter a loan’s term, the more expensive your regular repayments may be, but the less total interest you’ll pay. Loans with longer terms mean more affordable repayments, but more interest charges over the full term.