- No application fees
- No ongoing fees
- No early repayment fees
- Can apply online
- Cannot apply in branch
Early Exit Penalty Fee
Missed Payment Penalty
Redraw Activation Fee
Available to 457 Visa Holders
Line Of Credit
up to $950
$5k - $50k
Ability to upload financials electronically.
No bankruptcies, judgements or defaults
Compare and review personal loans with similar features
Liberty is a lender that was formed in 1997 and offers a wide range of loans for homes, cars, businesses and personal needs.
Liberty's innovative and flexible approach has allowed it to help over 600,000 customers by advancing more than $28 billion in funds over 22 years.
While Liberty does not operate branches, it does provide a network of mobile advisers to help customers find the right loan for them.
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.