Secured Loans

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Get a lower rate by offering your purchase as security.


NOW FINANCE offers you the choice of a secured personal loan to fund the purchase of a car, motorbike, caravan, or boat. A secured loan means putting up something of value as security – usually the item you’re purchasing – against the loan. In return, we lower the interest rate compared with similar unsecured loans. However, if you do not pay back your loan, this means forfeiting whatever you put up as security.

Secured Loans

Secured loans might seem complicated; it’s why we give you an Australian-based personal loan advisor to help you through the process and answer all your questions.

Want to get started? Check if you meet our eligibility criteria first and get your personalised interest rate. There’s no credit check involved.

  • Loan rates from 5.95% p.a. (Comparison Rate – 5.95% p.a.)* to 15.45% p.a. (Comparison Rate – 15.45% p.a.)*
  • Valuation of security offered is based on our internal estimates
  • To be eligible for a secured loan, your collateral must be value not less than 33% of the loan amount. Eg – For a $20,000 loan, the value of the security provided must be at least $6,667. Specific rules for each type of vehicle applies.

Joint Loans

Apply together with your partner to unlock exclusive benefits.

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Loan Categories

We provide a range of flexible personal loans designed to suit your needs.

Vehicle Finance
Medical & Dental Loa...
Travel Loan
Home Renovation Loan
Debt Consolidation L...

Things you should know

Applications for finance are subject to NOW Finance’s lending and approval criteria. Terms and conditions may apply. No establishment, account keeping or early repayment fees will apply to all new personal loans. Charges such as default or enforcement costs may apply if you do not comply with the terms of your loan. Settlement times may vary depending on individual circumstances. Loan repayment terms range between 18 months to 7 years with interest rates ranging from 5.95% p.a. (5.95% p.a. comparison rate*) to 17.95% p.a. (17.95% p.a. comparison rate*).

*About Comparison Rates

The Comparison Rate is designed to help you understand the overall cost of the personal loan. It combines the amount of the loan, loan term, repayment frequency, interest rate, fees and charges into a single rate to show the total true cost of the loan. The comparison rates for the NOW Finance loans are based on a loan of $30,000 over 5 years. WARNING: The comparison rates given are 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. Due to the fact NOW Finance does not charge any establishment, account keeping or early repayment fees, the true cost of the loan or Comparison Rate will always equal the interest rate quoted.

NOW FINANCE is a trademark of Now Finance Group Pty Ltd ACN 158 703 612 Australian Credit Licence number 425142, as agent for NF Finco 2 Pty Ltd ACN 164 213 030