When comparing personal loans, it’s essential to look beyond the interest rate. Some lenders promote low rates upfront but include extra charges that increase the total cost. These can include application fees, monthly account fees, missed payment charges or penalties for repaying early.
At NOW Finance, we take a different approach. Our personal loans are designed to be clear and straightforward from the beginning. With no fees, fixed repayments and a focus on transparency, we help you avoid surprises and stay in control of your finances.
What to expect from a NOW Finance personal loan
A NOW Finance personal loan is built to support a wide range of financial needs. Whether you’re planning home improvements, consolidating existing debts, covering education or preparing for a milestone event, our loans provide a structured and flexible way to manage expenses.
You can borrow from between $5,000 to $100,000, with the choice between secured and unsecured loan options. We offer fixed repayments, transparent terms and a straightforward online process from start to finish.
No hidden fees, no unexpected costs
One of the key personal loan benefits we offer is our no-fee structure. That means:
- No upfront application fees
- No ongoing monthly or account maintenance fees
- No missed payment fees
- No early repayment or exit fees
With no additional costs, your comparison rate is the same as your interest rate. This makes it easier to compare loans and understand exactly what you’ll be repaying over time. Learn more about how our personal loans work before applying.
Repayments that fit your lifestyle
We offer personal loan terms from 18 months to 7 years, with the option to repay weekly or fortnightly. You can also make extra repayments at any time without penalty.
Use our personal loan repayment calculator to get a sense of what your future repayments might look like based on the amount and loan term you’re considering.
Not sure what you might qualify for? Use our personal loan eligibility calculator or get a personalised quote in just two minutes with no impact on your credit score.
Our 3-step application process
We keep things simple so you can focus on what matters. Our personal loan application process involves just three steps.
Step one: get your rate
Get your personalised quote in about two minutes. This is based on a soft credit check, so there’s no impact on your credit score unless you choose to proceed with your application.
Step two: apply online
Tell us about your situation and what you’re looking to fund. You’ll also upload your supporting documents. Most applicants receive a response within minutes.
Step three: access your funds quickly
Once your personal loan is approved and your contract is signed, you’ll receive the funds in your account within 24 to 48 hours. You’ll then begin your fixed repayments based on your agreed schedule.
If you have questions, our FAQs cover everything from required documents to timelines and loan purpose categories.
Multiple awards
We’re proud to have received multiple Mozo Experts Choice Awards, including in the unsecured personal loan and used car loan categories for excellent credit. In 2024, our products were recognised alongside more than 350 loan offerings from 88 institutions across Australia.
In addition to awards from WeMoney and Finder, this recognition supports the value we aim to deliver every day: personal loans with clear pricing, flexible features and no unnecessary fees.
Top ratings from our customers
With over 1,900 five-star reviews, our customers often highlight how clear and straightforward the experience is from start to finish. They appreciate being able to see a tailored rate upfront, the absence of hidden costs and the responsiveness of our team throughout the process.
Make your next move with a NOW Finance personal loan
If you’re exploring the benefits of a personal loan, we’re here to help you do it with confidence at NOW Finance. Our process is fast, transparent and designed to support your goals without added pressure. Get started now and see how simple a personal loan can be when it’s tailored to you.
Disclaimer: This article contains factual information only and does not constitute financial advice, a recommendation, or an offer of any kind. It has been prepared without considering your personal objectives, financial situation, or needs. Before taking any action, you should assess whether the information provided is appropriate for your circumstances. If this article discusses the acquisition or potential acquisition of a specific credit product, you should obtain and review the relevant disclosure documents before applying. The information is believed to be accurate as at the date of publication; however, changes in circumstances after this date may affect its accuracy.
