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Compare Australian Loans.
Get the Best Rate.

Personal, car, business, debt consolidation — see real rates from 50+ lenders without affecting your credit score.

✓ No credit check to compare
✓ Results in under 2 minutes
✓ ASIC regulated partners
50+
Lenders compared
6.99%
Lowest rate p.a.
$80K
Max loan amount
2 min
To see your options
180K+
Australians helped
We compare lenders including
Best Personal Loan Rates — May 2026
Showing 6 of 50+ lenders · Sorted by interest rate
★ LOWEST RATE
★★★★★
2,841 reviews
Interest Rate
6.99%
p.a. variable
Comparison Rate
7.54%
p.a. (incl. fees)
Monthly Repay
$618
on $20K / 3yr
Loan Range
$5K–$80K
Unsecured
✓ No early repayment fees
✓ Same-day approval possible
✓ Extra repayments allowed
Apply Now → View Details
Rate for excellent credit. Comparison rate based on $30K / 5yr.
★★★★★
4,102 reviews
Interest Rate
7.24%
p.a. variable
Comparison Rate
7.64%
p.a.
Monthly Repay
$621
on $20K / 3yr
Loan Range
$2K–$65K
Unsecured
✓ No establishment fee
✓ Fortnightly repayments available
Apply Now → View Details
Rate for excellent credit.
★★★★☆
3,287 reviews
Interest Rate
7.95%
p.a. variable
Comparison Rate
8.18%
p.a.
Monthly Repay
$628
on $20K / 3yr
Loan Range
$5K–$50K
Unsecured
✓ Accepts fair credit score
✓ 24hr approval decision
Apply Now → View Details
Rate varies by credit profile.
★★★★★
5,619 reviews
Interest Rate
8.49%
p.a. fixed
Comparison Rate
8.93%
p.a.
Monthly Repay
$633
on $20K / 3yr
Loan Range
$2K–$70K
Unsecured
✓ Fixed rate certainty
✓ Flexible repayment schedule
Apply Now → View Details
Fixed rate for loan term.
★★★★☆
2,104 reviews
Interest Rate
9.20%
p.a. variable
Comparison Rate
9.64%
p.a.
Monthly Repay
$638
on $20K / 3yr
Loan Range
$5K–$70K
Unsecured
✓ Tailored rates
✓ Good & average credit accepted
Apply Now → View Details
Rate based on credit profile.
Compare by Loan Type
Australia's most competitive rates across every loan category
💳
Personal Loans
Unsecured loans for any purpose — holidays, renovations, medical bills. Fast approval, no asset required.
From 6.99% p.a. →
🚗
Car Loans
New and used vehicle finance. Secured rates are lower — get pre-approved before you shop at the dealership.
From 5.49% p.a. →
🔄
Debt Consolidation
Roll multiple debts into one lower-rate loan. Save on monthly repayments and simplify your finances.
From 7.24% p.a. →
🏢
Business Loans
Unsecured business loans up to $500K. Equipment finance, working capital, business expansion.
From 8.50% p.a. →
How LoanOffer.au Works
Compare in minutes. Apply with confidence. No hidden surprises.
1
Tell us what you need
Select your loan type, amount, and term. Takes under 60 seconds and won't impact your credit score.
2
See your matched offers
We compare 50+ lenders and show you the real rates you qualify for — not just advertised rates.
3
Apply directly
Click through to your chosen lender. Most approvals are same-day. Funds can arrive within 24 hours.
4
Repay with ease
Manage repayments through the lender's app. Make extra repayments to pay it off faster.
Am I Eligible to Compare?
Most Australians qualify. Here's what lenders typically look for:
18+
Must be 18 or older
AU/NZ
Resident or citizen
$25K+
Annual income
Any
Credit score accepted
0 min
Minimum employment
Check My Rate — Free →
Checking your rate won't affect your credit score. No obligation to apply.
Common Questions
What is the best personal loan rate in Australia right now? ▾
The lowest personal loan rate available through LoanOffer.au is currently 6.99% p.a. (comparison rate 7.54% p.a.) offered by MoneyPlace for borrowers with excellent credit. Average rates across all applicants sit around 9–11% p.a. Your rate depends on your credit score, income, employment status, and the lender's assessment.
Does checking rates on LoanOffer.au affect my credit score? ▾
No. Comparing rates on LoanOffer.au uses a "soft" credit enquiry which is not recorded on your credit file and does not affect your score. A hard credit enquiry only occurs when you formally apply with a lender — this is done only after you choose a product.
How quickly can I get a personal loan in Australia? ▾
Many online lenders offer same-day approval and can transfer funds within 24 hours of final approval. The process typically involves: compare and select (5 min), complete application (15 min), ID and income verification (varies), formal approval, and funds transfer. Having your bank statements and ID ready speeds this up significantly.
What is a comparison rate and why does it matter? ▾
A comparison rate combines the interest rate and most fees into a single percentage to help you understand the true cost of a loan. For example, a loan advertised at 7.99% may have an establishment fee that pushes the comparison rate to 9.2%. Always compare the comparison rate, not just the headline rate, when evaluating loan options.
Can I get a loan if I have bad credit? ▾
Yes — several lenders on LoanOffer.au accept borrowers with average or below-average credit scores. Rates will be higher (typically 15–29% p.a. for lower credit profiles), and you may need to provide additional income verification. Some lenders specialise in helping borrowers rebuild their credit. Use our comparison tool and filter by "All credit types accepted".