Getting a loan with NOW Finance is simple, fast, and completely online—whether you’re looking for a personal loan or a car loan. Here’s how it works:

1- Get your personalised rate — Check your rate in under 2 minutes with no impact on your credit score.

2- Apply online — Complete your application and provide a few details about your loan.

3- Receive funds fast — Once approved and your ID is verified, your funds can be in your account in as little as 24 hours.

All with no ongoing fees, no surprises, and none of the bank.

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.

– Have no bankruptcies or unpaid defaults.

– Provide a valid Australian Passport or Driver’s Licence for ID verification.

– Be 18 years or older.

You can check your eligibility for a personal or car loan in minutes using our Eligibility Calculator. It’s fast, free, and won’t affect your credit score.

Our Car Loans are secured by your vehicle, which means there are additional setup and registration requirements. The $595 establishment fee covers the cost of securing and registering your car as part of the loan.

Our Personal Loans — whether secured or unsecured — have no fees ever. That means no establishment, monthly, or early repayment fees.

With NOW Finance, you always know exactly what you’ll pay — no hidden fees, no surprises, none of the bank.

No. Getting a quote for a Car Loan or Personal Loan with NOW Finance won’t affect your credit score.

When you request a quote, we perform a soft credit enquiry (known as an Access Seeker check) to check your eligiblity and provide you with a personalised quote. This won’t impact your credit score.

If you decide to proceed with a full loan application, we will do a full credit check (known as a hard enquiry). This may appear on your credit file (as is standard with all lenders) and could impact your credit score.

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. One 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.

No. NOW Finance Personal Loans have no fees — ever.

That means:

– No establishment fee

– No monthly fees

– No extra repayment fees

– No exit fees

You’ll only ever pay interest on the amount you borrow.

Please note that our Car Loans include a once off establishment fee. Like our Personal Loans, there are no monthly fees, extra repayment or exit fees.

NOW Finance offers flexible loan terms ranging from 18 months (1.5 years) to 7 years (84 months). You can choose a term that suits your budget and goals.

There are no fees for extra repayments or early payout, so you can pay off your loan faster and save on interest if you choose.

You can use the NOW Finance Repayment Calculator to explore different term lengths and find the best option for your budget and goals.

With NOW Finance, the amount you can borrow depends on the type of loan you choose:

Unsecured Personal Loan: $5,000 – $50,000 (no fees)

Secured Personal Loan: $15,000 – $100,000 (no fees)

Car Loan: $15,000 – $150,000

All applications are subject to NOW Finance’s lending and approval criteria. The amount we will be able to lend will depend on your specific circumstances and will be assessed based on your individual circumstances.

The documents required may vary depending on your financial situation, but you’ll generally need to provide:

– A current ID, either an Australian Passport or a valid Australian Driver’s Licence

– Recent bank statements showing your income, expenses, and savings

– Payslips or proof of income

– Employment details, including at least 12 months of history where applicable

Having these documents ready helps speed up your loan assessment and ensures a smoother application process.

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.

– Have no bankruptcies or unpaid defaults.

– Provide a valid Australian Passport or Driver’s Licence for ID verification.

– Be 18 years or older.