Aussie Personal Loans
Aussie is a celebrated Australian mortgage broker, renowned for helping its Australian customers to find the most suitable home loans and other financial products to suit their needs and lifestyles. Aussie has branches in most major metropolitan centres around Australia, and can also be contacted via phone or email.
As well as providing home loan advice, Aussie also offers its own financial products, including credit cards, business loans, insurance, and even its own home loans.
Aussie personal loans are no longer available to new customers. However, Aussie is still supporting any existing personal loans it previously provided, offering their customers options to borrow more, or to make lump sum repayments.
Features of an Aussie personal loan
Aussie’s personal loans included secured and unsecured options, depending on whether or not the borrower used an asset as collateral to guarantee the loan. Aussie personal loans were eligible for use in a variety of different ways, ranging from debt consolidation to paying for major expenses, such as renovations, cars or holidays.
The fixed interest rates on these personal loans ensured that their repayments remained consistent for the lifetime of the loans. There were also several fees involved with Aussie’s personal loans, including upfront and monthly fees, as well as an early exit fee.
Aussie personal loan repayment calculator
Total interest paid
Total amount to pay
Aussie personal loans rates
Oops, no result found.
- Can apply online.
- Can apply via a branch.
- Suitable for both new or used cars.
- Monthly fee.
- Ongoing fee.
Aussie customer service
- Customer service centre (phone)
- Online banking
How to Apply
Aussie is no longer offering personal loan products to new customers. To adjust the terms of an existing Aussie personal loan, or to apply for other financial services you can contact Aussie by phone, online, or visit a branch office to speak with a broker.
Today's top personal loans products
Find popular personal loans lenders from a wide range of Australian. View All >
It can be hard to improve your credit score, as it usually requires sacrifice and discipline, but hard doesn’t necessarily mean complicated. Some simple ways you can give your credit score a boost include closing extra credit cards, reducing your credit card limit, pay off any loans and make loan repayments on time.
As a general rule, the lower your credit score, the more remedies you can apply and the greater the scope for improvement.
Some lenders will consider personal loan applications from a borrower with bad credit if the borrower has a family member with good credit willing to guarantee the loan (a guarantor).
If the borrower fails to pay back their personal loan, it will be their guarantor’s responsibility to cover the repayments.
Personal loans may require a borrower to provide proof of identity, proof of residence, details of any other outstanding loans (including credit cards), details of assets they own (e.g. savings, car, property), and proof of income.
While borrowers in full-time or part-time employment can often provide payslips and similar documents to prove their income, self-employed borrowers may need to provide other documents, such as bank statements or tax returns, to demonstrate that their income can cover a loan’s repayments.
If you’re having trouble being approved for a loan of less than $2000 and urgently need to purchase household essentials, there may be emergency loan options available to you.
For example, the No Interest Loans Scheme (NILS) allows low-income borrowers to take out interest-free loans of up to $1500 for essential goods and services.
For further assistance, consider contacting a financial counsellor, or calling the National Debt Helpline on 1300 007 007
It can be more difficult for unemployed borrowers to successfully apply for a personal loan. Most lenders require borrowers to have a regular income available to cover the cost of loan repayments.
If you’re self-employed, or if less than half of your income comes from Centrelink, you may not be eligible for some personal loan options. Consider contacting the lender before applying.
Much like applying for other personal loans, applying for personal loans for single parents will likely require the following:
- Proof of identity
- Proof of residence
- Proof of income
- Details of assets (e.g. car, home)
- Details of liabilities (e.g. credit cards, other loans)
- Loan amount
- Loan term
Many borrowers use quick loans to cover short-term or urgent costs, such as paying for car repairs, medical bills, or replacing broken appliances or electronics. Quick loans often have high interest rates compared with regular personal loans.
Before applying for a quick loan, consider your other available options, such as working out a payment plan or applying for an advance or extension.
Much like home loans, many personal loans can be refinanced. This is where you replace your current personal loan with another personal loan, often from another lender and at a lower interest rate. Switching personal loans may let you enjoy more affordable repayments, or useful features and benefits.
If you have a $5000 personal loan as well as other debts, you may be able to use a debt consolidations personal loan to combine these debts into one, potentially saving you money and simplifying your repayments.
Depending on the lender, personal loans and medium-amount loans for $5000 can sometimes be approved in under an hour, and give you access to the money the same day. Other loans may take 24 hours or longer to assess your application, and you may not get the money for a few days.
If you need to borrow $2000 or less, alternatives to getting a personal loan or payday loan include using a credit card or the redraw facility of your home, car or personal loan.
Before you borrow $2000 on a credit card, remember that interest will continue being charged on what you owe until you clear your credit card balance. To minimise your interest, consider prioritising paying off your credit card.
Before you draw down $2000 in extra repayments from your home, car or personal loan using a redraw facility, note that fees and charges may apply, and drawing money from your loan may mean your loan will take longer to repay, costing you more in total interest.