Low Interest Personal Loans for A$30,000

Personal loans are good solutions for customers who need financing to cover upcoming large expenses. To save on interest and reduce their monthly repayments, many loan-seekers shop around before choosing a personal loan and find the lowest interest rate.

Personal Loans with Lowest Interest Rates

  • Secured Personal Loans: Those loans require borrowers to offer up a property as security. Customers who have an asset to pledge can receive lower interest rates since they reduce the risk for the lender.
  • Risk-Based Personal Loans: Those loans allow borrowers to receive personalized interest rates. Customers with highest credit scores get the lowest interest rates.
  • Competitive Unsecured Personal Loans: Loan seekers who do not have an asset to pledge but still want to receive lower interest rates can shop around and compare options to find competitive interest rates.

Some Low-interest Loan Offers in Australia

Here is a list of low-interest Personal Loan offers in Australia for loan seekers who need to borrow $30,000 to repay within

  • RateSetter Unsecured Personal Loan: Customers can borrow $30,000 to repay within 6 months to 5 years, after being charged a variable interest rate between 6.89% p.a and 16.4 p.a (for 3 years) due to their credit profile and other factors. It also contains $299 application fee and $0 monthly service fee.
  • ING Personal Loan: Customers can borrow $30,000 to repay within 2 to 5 years, after being charged a fixed interest rate of 8.99% p.a due to their credit profile and other factors. It also contains $100 application fee and $0 monthly service fee.
  • SocietyOne Unsecured Personal Loan: Customers can borrow $30,000 to repay within 2 to 5 years, after being charged a fixed interest rate ranging between 7.5% p.a and 20.49% p.a due to their credit profile and other factors. It also contains an application fee (from 3% of loan amount) and $0 monthly service fee.
  • Harmoney Unsecured Personal Loan: Customers can borrow $30,000 to repay within 3 to 5 years, after being charged a fixed interest rate ranging between 7.69% p.a and 28.69% p.a due to their credit profile and other factors. It also contains $500 application fee and $0 monthly service fee.
  • Symple Loans Personal Loan: Customers can borrow $30,000 to repay within 1 to 7 years, after being charged a personalised interest rate ranging between 5.75% p.a and 19.99% p.a due to their credit profile and other factors. It also contains an application fee (from 1% to 5% of the loan amount) and $10 monthly service fee.
  • CUA Unsecured Fixed Rate Personal Loan: Customers can borrow $30,000 to repay within 1 to 7 years, after being charged a fixed interest rate starting from 8.05% p.a due to their credit profile and other factors. It also contains an application fee (from 1.5% to 6% of loan amount) and $0 monthly service fee.
  • Australian Military Bank Fixed Rate Personal Loan: Customers can borrow $30,000 to repay within 1 to 5 years, after being charged a fixed interest rate ranging between 7.93% p.a and 18.87% p.a due to their credit profile and other factors. It also contains $500 application fee and $10 monthly service fee.

How To Apply For Low-interest Personal Loans

Customers should meet the eligibility criteria which includes being 18 years old or older, having a good credit rating, being an Australian citizen or permanent Australian resident. Then, applicants should submit necessary documentation:

  • Personal info
  • Employer’s info
  • Financial details
  • Proof of income