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.