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Australia’s best personal loans for June 2020
The month of June is usually a busy one for the financially savvy, as many people scramble to sort out their personal finances before the end of the financial year.
This year, it may prove to be even busier as Australia enters a recession for the first time in 29 years.
If you’re considering borrowing funds to get you through these times, keep in mind that personal loans can be a substantial financial commitment. In some cases, it’s a commitment that can stay with you for more than a few years.
If a personal loan is right for you at this time, do your research and understand what it might mean for you to be in debt for the next few years. There are plenty of personal loans on the market, so weigh up all your options before you commit to one loan.
To help you compare, RateCity has put together some of the top-rated personal loans for June 2020.
(Rankings are correct at the time of publishing. Please note lenders may trade places on the list as interest rates and fees change and RateCity’s tracker reflects these movements.)
Best excellent credit personal loans
Best green personal loans
Where to find up-to-date personal loan information
If you’re looking to stay up-to-date personal loan information, RateCity can help. Keep your finger on the pulse with RateCity’s Personal Loans Leaderboards, where personal loans are tracked and rated daily.
Disclaimer
This article is over two years old, last updated on June 5, 2020. While RateCity makes best efforts to update every important article regularly, the information in this piece may not be as relevant as it once was. Alternatively, please consider checking recent personal loans articles.
Compare personal loans
6.57%
up to 8.48%
7.19%
up to 13.58%
$920
Australian Credit Licence 488228
Fees & charges apply
- 2024 Award Winner
- 1 to 7 years
- Unsecured
- Fixed Rate
- No ongoing fees
5.76%
up to 24.03%
6.55%
up to 24.99%
$909
Australian Credit Licence 474726
Fees & charges apply
- 2024 Award Winner
- 3 to 5 years
- Unsecured
- Fixed Rate
- No ongoing fees
7.24%
up to 9.39%
7.24%
up to 10.31%
$930
Australian Credit Licence 286596
Fees & charges apply
- 3 to 7 years
- Unsecured
- Fixed Rate
- No ongoing fees
6.75%
up to 26.95%
6.75%
up to 26.95%
$923
Australian Credit Licence 411227
Fees & charges apply
- 2024 Award Winner
- Special
- 1 to 7 years
- Unsecured
- Fixed Rate
7.49%
up to 13.95%
8.33%
up to 17.58%
$933
Australian Credit Licence 393845
Fees & charges apply
- Via broker
- 1 to 7 years
- Secured
- Fixed Rate
11.99%
12.57%
up to 12.57%
$996
Australian Credit Licence 517589
Fees & charges apply
- 1 to 3 years
- Unsecured
- Fixed Rate
- No ongoing fees
6.57%
up to 8.48%
7.19%
up to 13.58%
$920
Australian Credit Licence 488228
Fees & charges apply
- 1 to 7 years
- Secured
- Fixed Rate
- No ongoing fees
6.99%
6.99%
$926
Australian Credit Licence 517589
Fees & charges apply
- 1 to 7 years
- Unsecured
- Fixed Rate
- No ongoing fees
Product database updated 26 Apr, 2024
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