joint personal loan
Borrow together to achieve more
Combine your strengths for a shared goal
Joint application
What is a joint Personal Loan?
A joint personal loan is a type of loan where two applicants apply together.
Both people share responsibility for repayments and benefit from the
combined borrowing power of their incomes and credit histories.
Greater borrowing power
Combining your incomes may help you borrow more and reach your goals together.
Potential for better rates
We will base our quote on who has the best credit profile which can lead to more competitive rates.
Easier repayments
With two incomes contributing, repayments may be easier to manage and more achievable.
Reach goals together
From home renovations to travel, you can fund shared dreams.
See how much you could borrow together
Estimate your repayments and plan with confidence.
Use our Repayment Calculator to see what your repayments could look like based on your borrowing amount and loan term.
Get your personalised quote in 2 minutes without impacting your credit score.
Joint application
Eligibility criteria for a joint loan
A joint Personal Loan is a type of loan where two applicants apply together.
Both people share responsibility for repayments and benefit from the
combined borrowing power of their incomes and credit histories.
Both applicants must meet individual eligibility requirements
Stable employment and residence history
If you’re self-employed, you’ll need at least 2 years of business activity.
If you’re in a casual role, you’ll need to have been working for at least 3 months.
Acceptable credit scores
Having a clean credit history helps us assess your application faster and gives you a better chance of approval.
Australian citizens or permanent residents
Unfortunately, we can’t accept applications from temporary visa holders.
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.
We talk a lot about “No fees”, but what does that mean?
Even with the same interest rate, a $30,000 loan over 5 years with NOW Finance typically costs $1,000 to $2,000 less than with other lenders — because no fees really do matter.
Monthly fees are usually charged as you go
With some lenders, $15/month becomes $900 over 5 years.
At NOW Finance, you pay $0.
Upfront fees increase your total loan cost
Other lenders charge a $250 setup fee, which can end up costing you around $450 once interest is added.
NOW Finance = $0 upfront.
Most borrowers miss 1–3 payments over the loan term
3 missed repayments can still cost you $45 in fees with some lenders.
NOW Finance skips the fees.
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.
Joint Personal Loans, explained
Joint Personal Loans, explained
Tips & articles
Helpful articles to make your financial journey easier.
NOW Finance wins Mozo Experts Choice Award for Personal Loans for fourth year in a row
Application Process
What is responsible lending?
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.
How do you assess my ability to repay a 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 if I can't repay my loan?
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.
What happens if I can't repay my loan?
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.
What happens if I can't repay my loan?
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.
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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.
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.
Loan Terms and Amounts
1- 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)
2- 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.