Compare fast personal loans

Whether you need to consolidate expansive debt or a helping hand for covering the cost of a dental procedure, personal loans are a fast, simple and flexible online financial solution available to almost anyone. With a wide range of borrowing amounts and terms available, it’s important to compare deals between lenders, which you can do right here with Savvy.

We’re partnered with a range of online lenders who offer quick loans transferred directly to your bank account in as little as 24 hours. Begin the process of comparing today and get your application up and running to access your funds before you know it.

×

Filter by

Loan Amount
Loan Term
Loan Security
Secured
Unsecured
Lenders
All Lenders
Symple
Harmoney
SocietyOne
Now Finance
ourmoneymarket: OurMoneyMarket
Filter By
site-logos Harmoney Unsecured Personal Loan
  Advertised
rate from
Comparison
rate from
Monthly
Repayments
 
site-logos 5.35%
fixed
6.14% 
fixed
$570.96
over 60 months
Go to site
More details

Borrow up to $50,000 with personalised rates and repay over 3 or 5 years loan terms.

site-logos OurMoneyMarket Unsecured Personal Loan
  Advertised
rate from
Comparison
rate from
Monthly
Repayments
 
site-logos 5.45%
fixed up to 20.99% p.a.
6.04% 
fixed up to 23.83% p.a. based on $30,000 over 5 years
$572.34
over 60 months
Go to site
More details

Apply for an unsecured personal loan up to $75,000 and receive a special rate of 5.45% p.a. for first 12 months for loan amounts over $35,000.

site-logos Symple Loans Personal Loan
  Advertised
rate from
Comparison
rate from
Monthly
Repayments
 
site-logos 5.75%
variable
6.47% 
fixed
$576.50
over 60 months
Go to site
More details

Earn up to 50,000 Qantas Points with a more rewarding personal loan from Symple

site-logos Now Finance No Fee Unsecured Personal Loan
  Advertised
rate from
Comparison
rate from
Monthly
Repayments
 
site-logos 5.95%
fixed up to 17.95% p.a.
5.95% 
fixed up to 17.95% p.a. based on $30,000 over 5 years
$579.29
over 60 months
Go to site
More details

Borrow up to $50,000 with no fees, now and forever. Minimum requirement to earn $22,100 p.a. and have good to excellent credit.

site-logos SocietyOne Unsecured Personal Loan
  Advertised
rate from
Comparison
rate from
Monthly
Repayments
 
site-logos 5.95%
fixed up to 19.99% p.a.
5.95% 
fixed up to 20.93% p.a. based on $30,000 over 5 years
$579.29
over 60 months
Go to site
More details

Borrow up to $50,000 with rates between 5.95% p.a. and 14.99% p.a. based on your credit rating.

Harmoney customers applying for loans of this amount and length can receive an interest rate between 5.35% p.a. and 19.09% p.a. (6.14% p.a. and 19.99% p.a. comparison rates). Loan terms are offered for lengths of three or five years. A $30,000 personal loan repaid monthly over five years at the minimum 6.14% p.a. comparison rate will cost an estimated $34,916.34, inclusive of all interest and most fees, with monthly repayments of $581.94.

Symple customers applying for loans of this amount and length can receive an interest rate between 5.75% p.a. and 25.99% p.a. (6.47% p.a. and 29.20% p.a. comparison rates). Loan terms are offered for lengths of one to seven years. A $30,000 personal loan repaid monthly over five years at the minimum 6.47% p.a. comparison rate will cost an estimated $35,193.78, inclusive of all interest and most fees, with monthly repayments of $586.56.

SocietyOne customers applying for loans of this amount and length can receive an interest rate between 5.95% p.a. and 19.99% p.a. (5.95% p.a. and 21.70% p.a. comparison rates). Loan terms are offered for lengths of two, three or five years. A $30,000 personal loan repaid monthly over five years at the minimum 5.95% p.a. comparison rate will cost an estimated $34,757.21, inclusive of all interest and most fees, with monthly repayments of $579.29.

Now Finance customers applying for loans of this amount and length can receive an interest rate between 5.95% p.a. and 17.95% p.a. (5.95% p.a. and 17.95% p.a. comparison rates). Loan terms are offered for lengths of 18 months to seven years. A $30,000 personal loan repaid monthly over five years at the minimum 5.95% p.a. comparison rate will cost an estimated $34,757.21, inclusive of all interest, with monthly repayments of $579.29.

OurMoneyMarket customers applying for loans of this amount and length can receive an interest rate between 5.45% p.a. and 20.99% p.a. (6.04% p.a. and 23.83% p.a. comparison rates). Loan terms are offered for lengths of one to seven years. A $30,000 personal loan repaid monthly over five years at the minimum 6.04% p.a. comparison rate will cost an estimated $34,855.67, inclusive of all interest and most fees, with monthly repayments of $580.93.

The benefits of fast personal loans

Competitive interest rates

Your personal loan will come with interest rates starting at 4.45% p.a. secured (4.45% p.a. comparison) and 5.35% p.a. unsecured (6.14% p.a. comparison).

Borrow between $2,000 and $100,000

Personal finance can be obtained for almost any purpose you need, big or small, with loans available for as little as $2,000 all the way up to $100,000.

Select your own loan term

Additionally, you get to have a say in the time over which you repay your personal loan, with short terms from one year and longer lengths up to seven available.

60-second loan approval

You’ll find out as soon as 60 seconds after submitting your application whether it was successful, giving you peace of mind that the funds will be there for you to access.

Secured and unsecured options

We compare both personal loans which require an asset to be fixed as collateral and those which do not, giving you more choice when it comes to loans.

No deposit necessary

There’s no requirement for you to make a deposit or pay any upfront fees; you’ll be able to access 100% financing up to your maximum affordability.

No account keeping fees

We not only compare options with affordable interest, but also those which charge low or no ongoing fees (as well as others with no establishment fees either).

Get approved fast, pay out fast

You won’t be required to stick to your minimum pay schedule; by making extra repayments above the minimum, you can save yourself hundreds of dollars overall.

Why Australians find and compare quick personal loans with Savvy

The fast personal loan application process

Tips for getting your cash fast 

Provide documents upfront

Make sure you provide sufficient proof of your identity – the lender will need to confirm who you are before they can approve your loan. You will need 100 points of ID to do this, which will require a combination of different documents. Not providing this upfront will mean the lender has to follow up with you, potentially slowing down the process.

Supply sufficient income proof

Make sure you provide sufficient evidence of your income and employment – this will help prove you can afford the repayments. You will need bank statements and payslips, which show at least 3 months of salary going into your account. Not providing this upfront will mean the lender has to follow up with you, potentially slowing down the process.

Make sure your references are available

Make sure any references are aware they may receive a call – the lender may need to speak to someone to confirm you employment and income. Depending where you work, you may need to formally notify whoever manages your pay that they can provide this information. Not doing this will mean the lender cannot validate your details, so may not be able to approve your loan.

Provide accurate information

Make sure all of the information you provide is correct – while it may be tempting to state a higher income, intentionally providing false information on a loan application is illegal. The lender will check all the details you provide and will reject your application if they uncover any misleading information. 

Common questions about fast personal loans

Can I get a fast personal loan with bad credit?

Yes – bad credit personal loans are available to borrowers who’ve struggled with their score and rating. These loans are available up to a maximum of $12,000 and are charged with higher interest rates and fees than standard personal loans due to the increased level of risk.

However, it’s important to note that bad credit loans will take slightly longer to process than other loans, as borrowers with good credit and high affordability are more likely to pass automatic approval barriers.

Who’s eligible to take out a personal loan?

When applying for a personal loan, you’ll typically be required to meet the following eligibility criteria:

  • Must be 18 years or older
  • Must be an Australian citizen or permanent resident
  • Must hold stable employment
  • Must be earning at least $26,000 annually from consistent sources
  • Must not have a history of defaults or bankruptcy (can be accepted with bad credit loans)
How much will my personal loan cost?

There are several factors that affect the cost of your personal loan, the most significant of which is your interest rate. This will be set based on the level of risk your lender deems you to be as a borrower, which will account for factors such as your credit score and employment and income stability. You’ll also pay more for loans repaid over longer loan terms, as there’ll be a longer time spent paying interest and fees. These fees can range from the following prices:

  • Ongoing fees: $0 to $10
  • Establishment fee: $0 to $595
  • Early payment fee: $0 to $600+

Late payment fee: $15 to $35

How can I speed up the financing process?

There are several things you can do to improve the speed of your application and receipt of funds. Something as simple having all of the right documents ready to go upon your application can help save time spent searching for them and minimising any back and forth with your lender. Only applying for what you can afford as a borrower will similarly impact the speed at which your application is processed. Even applying early in the day and week can reduce your chances of an application rolling over several days and weekends.

Am I able to access same-day funds with a personal loan?

No – personal loans can only be completed in a minimum of one business day, regardless of the strength of the applicant’s profile. There are loans available that can be turned around on the same day, often as quickly as the same hour, known as small or same-day loans. These are only available for $300 to $5,000 and can be repaid over terms of 16 days to two years, with fee structures based around the size of the loan rather than interest.

Are there quick loans with no credit check?

No – all lenders will conduct credit checks when assessing any application. This isn’t necessarily to determine whether your score is suitable, however; even bad credit applications will look at your file knowing that your score is low. Lenders primarily do this to find out if there are any recent defaults on your file that may suggest you’re at risk of doing the same again. They also use credit checks to look at your residential history, as they always prefer borrowers with stability in their living situations.