Personal Loans in Australia
Compare loan offers from over 50 ASIC-licensed lenders. Complete transparency, competitive rates, fast approval across all states and territories.
How LoansAI Works
1. Complete Application
Fill out our secure online form in 5 minutes. Tell us about your loan needs, income, and financial situation. No credit score impact at this stage.
2. AI Matching
Our AI analyzes your profile and matches you with suitable ASIC-licensed lenders. We compare interest rates, fees, and terms to find the best options for you.
3. Choose & Receive Funds
Review personalized offers with full cost breakdown. Choose your preferred lender, complete verification, and receive funds directly to your bank account.
Types of Personal Loans Available
Find the right loan product for your needs
💵Unsecured Personal Loans
No collateral required. Amounts from $2,000 to $75,000. Terms from 1 to 7 years. Rates typically 6-20% p.a. depending on credit profile.
Apply Now →🏠Debt Consolidation
Combine multiple debts into one manageable payment. Lower your monthly obligations and simplify finances. Save on interest with better rates.
Learn More →⚡Fast Approval Loans
Fast approval for urgent expenses. Medical bills, car repairs, or unexpected costs. Get funds within 24-48 hours from approval.
Apply Fast →💼Business Loans
Funding for SMEs and entrepreneurs. Working capital, equipment, or expansion. Flexible terms for registered businesses and sole traders.
Business Options →🚗Car Loans
New or used vehicles. Competitive rates with flexible terms. Finance up to 100% of vehicle value subject to assessment.
Car Finance →✈️Travel Loans
Finance your dream holiday. Flexible repayment options. Quick approval to secure your travel plans.
Travel Finance →Australian Loan Regulations
Your rights and protections under Australian consumer law
🛡️Key Consumer Protections
- •Comparison Rate: All lenders must display a comparison rate that includes fees and charges, making it easier to compare true loan costs.
- •Responsible Lending: Lenders must assess your ability to repay without substantial hardship.
- •Clear Disclosure: All costs, fees, and charges must be disclosed upfront in clear language.
- •Privacy Protection: Your information is protected under the Privacy Act 1988.
- •Early Repayment: You can pay off your loan early with minimal or no penalties (depending on loan type).
- •Dispute Resolution: Access to AFCA for free, independent dispute resolution.
⚖️Regulatory Framework
ASIC (Australian Securities and Investments Commission)
ASIC regulates all credit providers in Australia. All lenders must hold an Australian Credit Licence. ASIC ensures fair lending practices and consumer protection.
National Consumer Credit Protection Act
Governs all credit activities in Australia. Protects consumers from unsuitable lending, ensures transparent disclosure, and provides dispute resolution mechanisms.
Credit Reporting Bodies
Major bureaus: Equifax, Experian, and illion. They maintain comprehensive credit reporting including positive and negative information. You can access your credit file for free.
AFCA (Australian Financial Complaints Authority)
Free, independent dispute resolution service for financial complaints. Can provide binding determinations on lenders up to $1.1 million.
Loans by State & Territory
Select your state to see local loan offers and information
New South Wales
Australia's most populous state and economic powerhouse, NSW offers the nation's most competitive lending market with over 100 ASIC-licensed lenders operating across Sydney, regional centres, and rural communities.
Victoria
Australia's cultural and sporting capital, Victoria boasts sophisticated lending markets with Melbourne as a global fintech hub attracting innovative credit providers alongside traditional banking institutions.
Queensland
Sunshine state with rapidly growing population, Queensland offers expanding lending markets driven by interstate migration, tourism, and mining prosperity creating diverse borrowing opportunities across urban and regional areas.
Western Australia
Resource-rich state with mining prosperity, WA offers premium lending markets with Australia's second-highest median income enabling strong borrowing capacity for iron ore, gold, and LNG industry workers.
South Australia
Defence and wine state with growing technology sector, SA offers competitive lending markets with Adelaide emerging as a fintech hub and defence industry driving stable high-income employment.
Tasmania
Island state with pristine environment and growing tourism, Tasmania offers unique lending market with increasing interstate migration, booming food and wine sectors, and strong retirement population.
Australian Capital Territory
National capital with Australia's highest median income, ACT offers premium lending market driven by federal government employment, defence industry, and research institutions providing exceptional borrowing capacity.
Northern Territory
Tropical territory with defence and mining industries, NT offers specialized lending market with remote area premiums, high Indigenous population, and strong military presence driving unique financing needs.
Popular Cities
Find loan options in major Australian cities
Sydney
New South Wales
5312K residents
Melbourne
Victoria
5078K residents
Brisbane
Queensland
2560K residents
Perth
Western Australia
2141K residents
Adelaide
South Australia
1376K residents
Gold Coast
Queensland
679K residents
Newcastle
New South Wales
497K residents
Canberra
Australian Capital Territory
453K residents
Sunshine Coast
Queensland
346K residents
Central Coast
New South Wales
333K residents
Logan
Queensland
326K residents
Wollongong
New South Wales
302K residents
Why Choose LoansAI Australia?
100% Secure
Your information is encrypted and protected. We comply with Privacy Act regulations.
ASIC Licensed Only
We only work with ASIC-licensed lenders. Your protection is guaranteed.
Completely Free
No fees to use our service. Compare loans at no cost to you.
Nationwide Coverage
Available in all Australian states and territories.
Frequently Asked Questions
Important Disclosure
Not a Lender: LoansAI.com.au is a comparison service that connects borrowers with ASIC-licensed credit providers. We do not provide credit or make lending decisions.
Affiliate Compensation: We may receive fees from lenders when you apply through our platform. This does not affect the interest rate or terms you receive. Lenders are ranked based on approval likelihood, rates, fees, and customer reviews.
Representative Example: A $10,000 personal loan repaid over 3 years at 12.00% p.a. has 36 monthly repayments of $332.14, total repayment of $11,957.04, total interest of $1,957.04, and a comparison rate of 12.00% p.a. The comparison rate is based on a secured loan of $30,000 over 5 years. WARNING: This comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
NCCP Act Protection: All lenders are regulated under the National Consumer Credit Protection Act 2009. You have rights and protections under Australian Consumer Law. If you have a dispute, you can contact the Australian Financial Complaints Authority (AFCA) at www.afca.org.au.
Responsible Lending: Borrow responsibly. Consider whether you can afford repayments before applying. Missed payments can affect your credit score and result in additional fees. Visit MoneySmart.gov.au for free financial counselling.