Personal Loans & Car Loans

Yes. But only one. NOW Finance Car Loans have an upfront $595 establishment fee but that’s it, there are no other fees.

That means:

• No monthly fees
• No extra repayment fees
• No exit fees

This simple and transparent approach means you can make extra repayments anytime with no fees or penalties. This helps you pay off your loan faster and save on interest, giving you more flexibility and control over your finances.

No, NOW Finance does not offer business or commercial loans. Our loans are designed exclusively for personal use.

You can use a NOW Finance personal loan for almost any personal purpose. This could include a holiday, home improvements, household furnishings, purchasing or repairing a vehicle, vehicle upgrades, medical or dental expenses, wedding or funeral costs, or sporting equipment.

Unacceptable loan purposes include:

• Mortgage, rent or credit arrears
• Tax debts
• Payment of defaults or court judgements
• Business purposes

NOW Finance offers flexible loan terms from 18 months up to 7 years.

With no fees for extra repayments, no fees for early payout and no fees, ever – you can choose to pay it off fast or slow.

Yes, you may be able to refinance your NOW Finance Personal Loan to better suit your current financial situation. Refinancing means replacing your existing loan with a new one, which may offer lower interest rates, different repayment terms and access additional funds.

You might consider refinancing if your credit score has improved, your income has increased, or market rates have dropped.

Please note that refinancing involves a new credit assessment and credit check, and eligibility depends on your existing loan balance and our lending criteria. There is a minimum additional lend of $3,000 required to refinance an existing loan. Make sure to review your personal circumstances and the loan terms to ensure refinancing is suitable for you.

To be eligible for a NOW Finance loan, you must:

• Be an Australian citizen or permanent resident (temporary visa holders aren’t eligible).
• Have steady employment as your main income source and not be on probation.
• Self-employed? You’ll need 2 years of business activity.
• Casual role? At least 3 months of employment for our Personal Loans, 6 months for our Vehicle Loans.
• Have no bankruptcies or unpaid defaults.
• Provide a valid Australian Passport or Driver’s Licence for ID verification.
• Be 18 years or older.

You sure can, and there are no exit fees.

Almost . All NOW Finance Personal Loans, whether secured or unsecured, come with no fees ever. That means no establishment, monthly, or early repayment fees, just transparent loans with a fixed interest rate.

Our Vehicle Loans include a $595 establishment fee to cover vehicle setup and registration costs. Beyond that, there are no additional fees or extra charges.

With NOW Finance, every loan is designed to be clear, fair, and none of the bank.