Personal Loans & Car Loans

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.

You sure can, and there are no exit fees.

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.

• Valid ID document: current Australian Driver’s licence or passport
• Bank Statements: proof of your financial incomings, outgoings and savings
• Recent payslips of proof of income
• Employment details: proof of employment for more than 12 months

Yes, NOW Finance offers joint personal loans for couples living at the same address. Both applicants share equal responsibility for the loan and its repayments.

To apply, select “With my partner” when getting your rate. Both applicants will need to:

• Meet our loan eligibility criteria,
• Provide bank statements, and
• If the application is approved, verify their identity before the loan is settled.

Applying jointly may help increase your borrowing power.

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

At NOW Finance, we want every interaction you have with us to be positive. If you’re not satisfied with your experience with NOW Finance, we’d like to hear from you.

To make a complaint, you can:
Email us: [email protected]
Call us: 1300 275 669 (Mon-Fri 9am-6pm Sydney/Melbourne time)

You can get a personalised quote in just 2 minutes, without impacting your credit score.

Once you submit your full application, our initial assessment usually takes around 2 minutes. Once your application is approved and your identity has been verified, funds can be transferred to your account in as little as 24 hours. Once you submit an application, you’ll receive a personalised quote in just 2 minutes without affecting your credit score. If you decide to proceed, most applications are assessed within 1-2 business days, and if everything’s in order, your funds can be transferred to your account in as little as 24 hours.

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.