Finance Tips
Liz Altenhofen
November 25, 2025
Debt Consolidation
One payment.
Zero fees.
Simplify your debt into a single repayment with a no-fees Personal Loan.
From
5.95
%
pa
Interest rate
From
5.95
%
pa
Comparison rate*
Won’t impact your credit score
Get a rate in 2 minutes
Fast and easy completion on your phone
benefits
Consolidating your debt is easier than you think
Simplify finances
A debt consolidation loan combines everything into a single, easy-to-manage repayment — so you can spend less time stressing and more time living.
Save on interest
High-interest debts (like credit cards) can add up fast. A consolidation loan could offer a lower rate, helping you save money and pay off your debt sooner.
Take back control
Multiple debts can feel overwhelming. With one loan and one clear plan, you’re back in control of your budget — and your future.
Improve credit score
By paying off existing debts and making consistent repayments, you can start building a stronger credit profile — opening the door to better financial opportunities.
Find the right loan to
power your next big move
Unsecured
Personal Loan
Whether it’s paying off existing debt, funding something special, or covering unexpected costs, our Unsecured Personal Loan makes it easy to borrow what you need with no security required.
From
5.95
%
pa
Interest rate
From
5.95
%
pa
Comparison rate*
Secured
Personal Loan
When you’re planning something big and want more borrowing power, a Secured Personal Loan could be the right fit. By offering an asset as security, you may be able to access a lower rate or a higher loan amount.
From
5.95
%
pa
Interest rate
From
5.95
%
pa
Comparison rate*
personal loan repayment calculator
Understand your
borrowing power
Quickly estimate your repayments to
see how our loans can work for you.
One of Australia’s most awarded
non-bank personal lenders
When it comes to recognition, we don’t just say we’ve won awards — we’ve been recognised for
putting customers first with fairer, simpler way to borrow.
Recognised by WeMoney as the Best Loan for Debt Consolidation
Being awarded Best for Debt Consolidation by the team behind the popular
financial wellness app, WeMoney, is a testament to the fact that our loans are simple, stress-free, and can help support your journey toward financial wellness.
It’s easy to get a loan with NOW
It’s quick, secure, and paper-free — from your quote to your cash.
1. Check your rate
It takes 2 minutes to get your personalised quote
without impacting your credit score.
2. Apply online
Complete your online application and get a
response in 2 minutes.
3. Get funds
Access your funds within 24-48 hours of
being
approved.
Customer Stories: real people, real progress
Discover how everyday Australians are achieving their goals with a little help from us
Memories over miles: Our family adventure
After the Covid lockdowns, our NOW Finance loan made it possible to take our two boys to the Philippines to visit my 91-year-old grandma.
Smooth sailing into the next chapter
The NOW Finance team is top-notch, making the process simple and achievable, putting the big banks to shame!
Tying the knot without the stress
With the invaluable assistance of a NOW Finance loan, my husband and I were able to turn our dream wedding and honeymoon in Italy into a remarkable reality.
Memories over miles: Our family adventure
After the Covid lockdowns, our NOW Finance loan made it possible to take our two boys to the Philippines to visit my 91-year-old grandma.
Smooth sailing into the next chapter
The NOW Finance team is top-notch, making the process simple and achievable, putting the big banks to shame!
Tying the knot without the stress
With the invaluable assistance of a NOW Finance loan, my husband and I were able to turn our dream wedding and honeymoon in Italy into a remarkable reality.
The ultimate ride
Thanks to NOW Finance, I finally bought the motorbike of my dreams, my first brand-new bike ever!
The road trip of a lifetime
Thanks to our NOW Finance loan, we consolidated debts and took a once-in-a-lifetime caravan trip around Australia. It wouldn’t have been possible without them!
A life-changing journey
NOW Finance approved my loan in a few days, making my trip to Hua Hin, Thailand, possible. That journey changed my life, I now support the Hutsadin Elephant Foundation, helping rescued elephants.
Personal Loans, explained
How much can I borrow with a personal loan?
NOW Finance offers unsecured loans, where you can borrow from $5,000 to $50,000, and secured personal loans, where you can borrow from $15,000 to $100,000. A secured loan means you provide an asset as security on the loan.
What is a personal loan?
A personal loan is a loan you can use for just about anything. You can use it to pay for home extensions, debt consolidation or even a holiday. You can get small personal loans or big ones (up to $100,000). You have to repay the loan with interest over a fixed term. NOW Finance offers fixed terms from 18 months to 7 years. For more information, read about how it works.
What happens when you pay off a personal loan early?
NOW Finance will not charge fees if you pay off your personal loan early. You may even save money on interest, depending on the terms of your credit contract.
Personal Loans, explained
How much can I borrow with a personal loan?
NOW Finance offers unsecured loans, where you can borrow from $5,000 to $50,000, and secured personal loans, where you can borrow from $15,000 to $100,000. A secured loan means you provide an asset as security on the loan.
What is a personal loan?
A personal loan is a loan you can use for just about anything. You can use it to pay for home extensions, debt consolidation or even a holiday. You can get small personal loans or big ones (up to $100,000). You have to repay the loan with interest over a fixed term. NOW Finance offers fixed terms from 18 months to 7 years. For more information, read about how it works.
What happens when you pay off a personal loan early?
NOW Finance will not charge fees if you pay off your personal loan early. You may even save money on interest, depending on the terms of your credit contract.
How much can I borrow with a personal loan?
NOW Finance offers unsecured loans, where you can borrow from $5,000 to $50,000, and secured personal loans, where you can borrow from $15,000 to $100,000. A secured loan means you provide an asset as security on the loan.
What is a personal loan?
A personal loan is a loan you can use for just about anything. You can use it to pay for home extensions, debt consolidation or even a holiday. You can get small personal loans or big ones (up to $100,000). You have to repay the loan with interest over a fixed term. NOW Finance offers fixed terms from 18 months to 7 years. For more information, read about how it works.
What happens when you pay off a personal loan early?
NOW Finance will not charge fees if you pay off your personal loan early. You may even save money on interest, depending on the terms of your credit contract.
Debt Consolidation Loans, explained
Debt Consolidation Loans, explained
Rates & Repayments
Fixed repayments
Weekly or fortnightly
repayment options
No early repayment fees
Borrow $5,000–$100,000
You were juggling.
Tips & articles
Helpful articles to make your financial journey easier.
Hidden Costs To Watch Out For When Applying For Personal Loans
How Personal Loans Can Be A Stepping Stone To Financial Freedom (If Used Strategically)
Important Information
THINGS YOU SHOULD KNOW:
All applications for finance are subject to NOW Finance’s lending and approval criteria. No fees apply only to new NOW Finance Secured Personal Loans and new NOW Finance Unsecured Personal Loans. An establishment fee of up to $595 applies to NOW Finance Car Loans. If you do not comply with the terms of your loan, we may pass on to you any third-party enforcement or recovery costs incurred by us.
ABOUT COMPARISON RATES:
Comparison Rates are designed to help you understand the overall cost of a personal loan by taking into account the interest rate, fees and charges, the loan amount, and the loan term. All comparison rates shown are based on a loan of $30,000 over 5 years for the respective product type referenced.
NOW FINANCE PERSONAL LOANS:
- Loan terms: 18 months to 7 years
- Loan amount: $5,000 – $50,000 (Unsecured); $15,000 – $100,000 (Secured)
- Interest rates: 5.95% p.a. – 26.95% p.a. (Unsecured); 5.95% p.a. – 21.65% p.a. (Secured)
- Comparison rates: 5.95% p.a. – 26.95% p.a. (Unsecured); 5.95% p.a. – 21.65% p.a. (Secured)
NOW FINANCE CAR LOANS:
- Loan terms: 18 months to 7 years
- Loan amount: $3,000 to $150,000
- Interest rates: 7.59% p.a. – 15.39% p.a.
- Comparison rates: 8.43% p.a. – 16.29% p.a.
ABOUT PERSONALISED QUOTES:
Your personalised quote will provide you with an estimate of your interest rate and repayments. The final rate offered, if one is offered, may differ once you have completed a loan application and told us about your personal financial circumstances and credit history.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Representative example: A borrower with excellent credit taking out a $30,000 NOW Finance Unsecured Personal Loan over 5 years at an interest rate of 5.95% p.a. (5.95% p.a. comparison rate), would pay an estimated total of $34,703.50 using the fortnightly payment option. Rates on offer are subject to change without notice.