Personal Loans

A personal loan lets you borrow a set amount and repay it over time — simple as that! The most common reason Australians take out a personal loan is to purchase a vehicle (45% of all loans), but they’re also used for debt consolidation, home improvements, medical expenses, and more. Whatever you need the money for, Ezilend is here to help you take control of your finances!

A secured personal loan uses an asset — like a car — as collateral, which typically means a lower interest rate. An unsecured loan requires no collateral and is faster to arrange, though rates are generally higher. Not sure which suits you? Your Ezilend broker will talk you through both options and find the best fit.

While rates start from around 5.50% p.a., the average personal loan interest rate in Australia is 13.87% p.a. Your actual rate will depend on your credit score and financial situation. At Ezilend, we shop across a panel of lenders to find you the most competitive rate available — no guesswork, just great deals.

It depends on your financial situation, but most Australian personal loan lenders offer between $5,000 and $75,000 or more. Whether you need a small amount for a specific expense or something larger to consolidate debt, we’ll help match you to a lender and product that fits your needs.

A credit score ranging from 460 to 734 is generally sufficient to qualify for most unsecured personal loans in Australia, though scores exceeding 735 are necessary to access the lowest interest rates. But even if your score isn’t perfect, don’t give up — Ezilend works with lenders across a broad range of credit profiles. Let’s get you a new lease on life!

Fixed means certainty — the same repayment every time, easy to budget. Variable can move up or down with the market. Most personal loan borrowers prefer the predictability of fixed, but your Ezilend broker will help you weigh up both options based on your circumstances.

Yes! Self-employed borrowers can access personal loans through standard or low-doc options depending on the lender. You may need to provide additional documentation such as tax returns or business bank statements. Ezilend has experience helping self-employed Australians access competitive finance — just give us a call!

Many lenders allow extra repayments and early payouts — but always check if any early repayment fees apply before committing. Ezilend will make sure you understand all the terms upfront so there are no surprises down the track.

Yes, specialist options do exist for borrowers with less-than-perfect credit histories. Rates will generally be higher, but it is possible. Ezilend works with a wide panel of lenders and will find the best available option for your situation. We’re here to help — full stop.

Getting started is easy! Apply online in minutes — we just need some basic personal and financial details. You could be approved in as little as 48 hours, and receive your funds in as little as one business day. Fast, friendly, and stress-free from start to settlement — that’s Ezilend!