Personal Loans Built Around You
Borrow from $2,000 to $50,0001 with flexible terms, competitive rates, and a 100% online application, backed by a lender Australians have trusted for decades.
Interest Rates from 9.95% p.a.
Comparison Rate* 13.20% p.a.
* Example: A secured personal loan of $30,000 for 60 months has fees and charges totalling $11,141 and a total repayment of $41,141. The Minimum loan term is 24 months and the Maximum term 60 months. The loan term will be 60 months, 130 fortnights or 260 weeks. The Maximum APR is 9.95%. The Comparison Rate, based on a loan of $30,000 over five years, is 13.20%.
Everything You Need In a Personal Loan
- Borrow up to $50,000: funds for whatever life brings
- Terms from 2 to 5 years: repayments that fit your budget
- Secured or Unsecured: you choose what works for you
- 100% Online: apply in minutes, anytime
Which Loan Type is Right for You?
AFS personal loans come in two forms. Understanding the difference helps you choose the option that best suits your situation.
Secured Loan | Unsecured Loan |
|---|---|
Backed by an asset - such as a vehicle or caravan | No asset required as security |
Best for borrowers who own an eligible asset and want the most competitive rate | Best for borrowers who don't have an asset to offer or prefer not to use one - the choice is yours |
Rate is typically lower, due to reduced lender risk | Rate is typically higher, reflecting the unsecured nature |
Asset must be comprehensively insured | N/A |
Not sure which is right for you? Our team is happy to help, contact us today to have a chat. You can also start your application online and we'll guide you through the most suitable option.
A Personal Loan for Life's Moments
Get back on the road without the financial stress
Travel now, repay over time.
Improve your home without touching your mortgage.
Combine multiple debts into one simple repayment.
Celebrate the moment without compromise.
Access funds when you need them most.
Invest in yourself or your family.
A financial buffer when life surprises you.
From Application to Approval - Simpler Than You Think
Check Your Eligibility Before You Apply
AFS Personal Loans are available to a wide range of applicants. Here's a quick checklist to help you understand if you're likely to qualify:
- You are at least 18 years of age
- You are an Australian citizen or permanent resident
- Visa's where applicants must hold a professional or trade qualified work visa, and the loan term is less than the remaining term of the work visa
- You are employed, self-employed, or receiving eligible income
- You reside at a fixed address
Don't worry if your situation is a little complex, AFS considers a wide range of circumstances including casual employment, self-employment, and prior credit history. We assess every application on its individual merits.
Secured - Personal Loan
| Borrow | Costs | Repay |
|---|---|---|
| $5,000.00 | $2,693 | $7,693 |
| 36 months at 9.95% APR & 30.53% Comparison Rate | ||
| $10,000.00 | $4,832 | $14,832 |
| 48 months at 9.95% APR & 20.88% Comparison Rate | ||
| $30,000.00 | $11,141 | $41,141 |
| 60 months at 9.95% APR & 13.20% Comparison Rate | ||
| $50,000.00 | $16,608 | $66,608 |
| 60 months at 9.95% APR & 11.92% Comparison Rate | ||
Example: A secured personal loan of $30,000 for 60 months has fees and charges totalling $11,141 and a total repayment of $41,141. The Minimum loan term is 24 months and the Maximum term 60 months. The loan term will be 60 months, 130 fortnights or 260 weeks. The Maximum APR is 9.95%. The Comparison Rate, based on a loan of $30,000 over five years, is 13.20%.
Unsecured - Personal Loan
| Borrow | Costs | Repay |
|---|---|---|
| $5,000.00 | $3,105 | $8,105 |
| 36 months at 13.95% APR & 34.63% Comparison Rate | ||
| $10,000.00 | $5,912 | $15,912 |
| 48 months at 13.95% APR & 24.99% Comparison Rate | ||
| $20,000.00 | $9,017 | $29,017 |
| 48 months at 13.95% APR & 15.74% Comparison Rate | ||
| $30,000.00 | $14,957 | $44,957 |
| 60 months at 13.95% APR & 17.23% Comparison Rate | ||
Example: An Unsecured personal loan of $30,000 for 60 months has fees and charges totalling $14,957 and a total repayment of $44,957. The Minimum loan term is 24 months and the Maximum term 60 months. The loan term will be 60 months, 130 fortnights or 260 weeks. The Maximum APR is 13.95%. The Comparison Rate, based on a loan of $30,000 over five years, is 17.23%.
See What Our Customers Think of AFS
Loading Reviews…
Frequently Asked Questions (FAQs)
What is a personal loan?
A personal loan is a fixed amount of money borrowed from a lender and repaid in regular instalments over an agreed term, including interest. Personal loans can be secured (back by an asset such as a vehicle) or unsecured, with no asset required.
What can l use a personal loan for?
AFS personal loans can be used for almost any personal purpose, including car repairs, holidays, home renovations, debt consolidation, medical expenses, weddings, and education costs.
How much can l borrow?
AFS personal loans range from $2,000 up to $50,000. The amount you are approved for will depend on your income, expenses, and overall financial position.
How long does approval take?
We aim to assess applications promptly. If all required documents are submitted, same-day settlement may be available.
What is the difference between a secured and unsecured loan?
A secured loan uses an asset such as a car, caravan or motorbike, as security against the loan. This typically results in a lower interest rate. An unsecured loan requires no asset and offers more flexibility, though rates may be slightly higher to reflect the additional risk to the lender.
What is a comparison rate?
A comparison rate combines the interest rate with most fess and charges into a single percentage figure, making it easier to compare the true cost of loans across different lenders.
What do l need to apply?
To ensure applying online is straight forward, we suggest you gather a few key documents so that you have the information at your fingertips.
Here is a checklist outlining all necessary information you should have at hand before applying.
-
Your full name
-
Your date of birth
-
Your current driver's licence number and expiry date
-
If you do not have a current driver's licence, then details of your passport including number, place of issue and expiry date.
Your Residential Details
-
Your current residential details
-
If you have not been living at your current address for at least 3 years, the details of your previous address
-
If you have a mortgage, or have recently applied for a mortgage, the details of the monthly payments
-
If you are renting or boarding, the details of your landlord/real estate agent including Name and Telephone Number.
Reading Corner
