Choosing the right loan can make a big difference for your finances. A personal loan offers flexibility, letting you use the funds for a variety of needs, from buying a car to consolidating debts, covering repairs, or funding life’s unexpected expenses.
A car loan, on the other hand, is designed specifically for purchasing a vehicle. While it can offer competitive rates and structured repayment terms, the funds are tied to the car itself and cannot be used for other purposes.
At NOW Finance, we help you compare your options and choose the loan that fits your needs, goals, and budget. With clear terms, fast approval, and competitive rates, you can borrow with confidence and focus on what matters most.
NOW Finance Personal Loans
At NOW Finance, borrowing is simple, transparent, and fair. That’s why our personal loans come with no fees, clear terms, and flexible options, so you always know exactly what you’re paying.
Whether you’re renovating your home, consolidating debts, buying a car, or covering important life expenses, our personal loans are designed to give you choice and control.
You can borrow up to $50,000 unsecured or up to $100,000 secured, choose a repayment term between 18 months and 7 years, and, if approved, access your funds in as little as 24 hours.
With NOW Finance, what you see is what you get.
Secured vs Unsecured – what’s the difference?
A secured loan is secured against an asset, such as a car you already own. Because the loan is secured against that asset, you may be able to borrow more – up to $100,000 and potentially access a lower rate.
An unsecured loan does not require you to provide an asset as security. Approval is based on your credit history and ability to repay, making it a simple process if you don’t want to tie the loan to your belongings. You can borrow up to $50,000.
NOW Finance Car Loans
Looking to buy a new or used vehicle? A NOW Finance Car Loan is designed to help you purchase the car, campervan, or other eligible vehicle you want. You can borrow from $3,000 up to $150,000 with no monthly fees and no early payout fees, so you can focus on the purchase, not the fine print.
You’ll enjoy flexible terms, competitive fixed rates, and the confidence of knowing your rate upfront.
Get a personalised, fixed-rate quote in just two minutes without affecting your credit score, and once approved, funds can be available in as little as 24 hours.
Who’s eligible?
To apply for a NOW Finance loan, you must be an Australian citizen or permanent resident aged 18 or over, have a valid driver’s licence or passport, be employed (not on probation) with no history of bankruptcy or unpaid defaults, and meet minimum employment requirements – at least 2 years if self-employed or 3 months if in a casual role.
Disclaimer: This article contains factual information only and does not constitute financial advice, a recommendation, or an offer of any kind. It has been prepared without considering your personal objectives, financial situation, or needs. Before taking any action, you should assess whether the information provided is appropriate for your circumstances. If this article discusses the acquisition or potential acquisition of a specific credit product, you should obtain and review the relevant disclosure documents before applying. The information is believed to be accurate as at the date of publication; however, changes in circumstances after this date may affect its accuracy.
