Debt Consolidation Loans

One payment. Zero fees.

Simplify your finances by combining up to 4 debts into one easy repayment. Enjoy $0 fees and a fixed rate to take back control faster.

From

5.95

Interest rate

From

5.95

Comparison rate*

Get a rate in 2 minutes

Won’t impact your credit score

Fast and easy completion on your phone

Benefits

What can you use a Debt Consolidation Loans for?

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.

Check your rate in minutes

Get a personalised quote and explore loan options that fit your plans.

Understand Your Borrowing Power

Personal Loan Repayment Calculator

Estimate your repayments in seconds.

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**The interest rate and repayment amounts used in this calculator are estimates only. These are based on the loan details and credit score you have provided here, which may be different to the credit score obtained if you submit an application. The final interest rate you are offered may differ once you have completed a loan application and we have assessed your personal circumstances. Applications for finance are subject to NOW Finance's lending and approval criteria.

Find the right loan to
power your next big move

No asset security required

Unsecured
Personal Loan

A flexible loan that can be used for a range of personal needs without using a vehicle as security.

From

5.95

Interest rate

From

5.95

Comparison rate*

Backed by an eligible vehicle

Secured
Personal Loan

A flexible loan that can be used for a range of personal needs, secured against a vehicle to potentially access a lower estimated rate.

Borrow from $15,000 to $100,000
Reduced interest rate backed by a vehicle
Funds paid to your account**
Up to 4 loan purposes
Flexible loan terms
No fees

From

5.95

Interest rate

From

5.95

Comparison rate*

**Excludes Debt Consolidation, which is paid directly to creditors.

Award-winning loans. None of the bank.

Recognised year after year by Finder, Mozo, and WeMoney for simple, no-fee personal loans, and car loans with excellent rates and fees.

Customer Stories: real people, real progress

Discover how everyday Australians are achieving their goals with a little help from us

#CaravanAustralia

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!

#BoatLife

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!

#Thailand

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.

With NOW Finance, you can borrow between $5,000 and $50,000 for unsecured loans, or up to $100,000 for secured loans, to consolidate your debts into one easy-to-manage repayment.

The amount you can borrow depends on your credit history, income, and overall financial situation.

All our Personal Loans come with no fees, competitive fixed rates, and are tailored to your circumstances.

A debt consolidation loan combines multiple personal debts into one easy-to-manage loan. Instead of juggling several interest rates and repayment dates, you make a single repayment at one interest rate. This can make budgeting and debt management much simpler. With NOW Finance you can consolidate up to 4 different debts into the one personal loan.

Debt consolidation loans work much like personal loans. Here’s how they typically work:

You apply for a personal loan for the total amount of your debts.

The loan funds are used to pay off your existing debts.

You’re left with just one repayment schedule and one interest rate.

Most debt consolidation loans are unsecured, so the interest rate may be higher than a secured loan. With NOW Finance, you can access competitive fixed rates and no fees, helping you manage your repayments more clearly.

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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.