Personal Loan

A Personal Loan To Help You Enjoy Life

The Way You Want

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What Is A Personal Loan?

At Key To Australia we understand there are times in your life that will require some extra cash for things that are either out of your control or in your control but you simply don’t have the available funds right now. 

Personal loans range from buying a car, taking a holiday, renovating the bathroom or just getting on top of bad debt.

A personal loan is where you borrow a specific amount and make regular payments to your lender. By the end of the term you would have paid off the loan. Typically personal loans will be from 12 months to 7 years depending on the amount and how long you want to take to pay it off.

A personal loan is better than a credit card as the loan has lower interest rates and the rates are often negotiable with the lender (don’t worry we can negotiate on your behalf).

Personal loans will have payment schedules which include the interest and the principle payments. When we discuss setting up the loan we can work in with your budget and how much you can afford to pay each and every month for the length of the loan. If the budget doesn’t fit we can make the loan over a longer period of time, which reduces the monthly payments.

The best thing about a personal loan over a credit card is that you know when the loan will be fully paid off, credit cards are designed to make you only pay the minimum amount meaning it can take 3x the amount of time to pay off.

How We Can Help With Your Personal Loan

  • 60+ LENDERS



60+ Lenders

At Key To Australia we have over 60+ lenders to choose from.  This helps us to make sure we can find the right personal loan to suit your needs.  Whether you are consolidating debt or looking to purchase a car, we can help you find the right personal loan. 

Types Of Personal Loans

Secured Loans

use your VW beetle as secured debt for personal loan

A secured personal loan requires you to put up an asset as security. This could be your car, boat or other expensive item.

This is designed so that if you default on your payments and don’t try and fix or remedy the payments with your lender they have the right to take possession of that security and sell it in order to recover the money. 

Secured loans can be less risky and have lower interest rates because you are offering an asset or item as security so the lender feels more comfortable lending to you. 

Unsecured Loans

man and woman sitting together discussing personal loan application

Unsecured loans don’t require you to put up any assets as security. Unsecured loans are more risky and have higher interest rates than secured loans.

If you fail to pay the loan in full the lender will take legal action against you and can potentially seize your assets or have a debt collector agency chase you for the loan amount still owing.

Always work with your lender if you are having trouble paying, never let it get out of control. If you don’t have any assets to offer as security, you maybe able to use a guarantor who offers up security that the lender can claim possession if you fail to pay your loan. 

Debt Consolidation Loans

consolidate master card debt with a personal loan

A debt consolidation loan combines a number of different loans or credit card debt into one loan.

For example, you may have two credit cards with outstanding balances plus a personal loan, each with a different lender. Debt consolidation loans enable you to consolidate all three debts into one manageable and potentially more affordable loan.

Consolidating high interest debts into lower interest loans can reduce your monthly repayments, while restructuring your finances can help to propel you towards achieving your future financial goals.

Consolidating your debts into one loan with a lower interest rate can help you save in interest, fees and charges. It is also much easier to manage, saving you time and limiting the risk that you make a late repayment or forget to make a repayment.

Why consolidate, restructure and minimise interest? It’s about recognising bad debt, then minimising bad debt in order to move you into good debt – yes, there is such a thing as good debt!

What Can You Use A Personal Loan For

  • Renovating your home
  • Debt consolidation
  • New kitchen
  • Kids overseas school trip
  • Holiday or big occasion (wedding)
  • A new car or boat
  • New bathroom
  • Start a business

Deciding on the right process with the right loan is crucial to making sure it all goes smoothly and that you don’t need to pay any more than you need to when it comes to a personal loan.

This process can be quite complex but with our help (because we do this every day) we will be able to help you find the right personal loan that is structured to suit your needs.

your credit score for property investment loan

Top Tips To Improve Your Chances Of Your Personal Loan Being Approved

  • Lenders like to see consistency with your bank accounts
  • Show a steady employment history
  • Regular deposits going into your savings account
  • Be of good character
  • A good history of paying your bills on time
  • Low credit card limit
  • Good credit history
  • Show you can manage money well

How To Find Out Your Credit Score

Do not pay to get your credit score it should be free.

We Can Help You Find The Right Personal Loan

We have been helping Australians, just like yourself apply for personal loans to help with your finances, the process is easy and simple though let us make sure you get the lowest interest rate and it suits your circumstances.

We know and understand the lending criteria and the rules around personal loans. We have the expertise, the experience and a team of dedicated professionals to get the job done. 

Everyone’s personal circumstances and criteria is different so its important for us to discuss all the details. You can either meet us in our office, your home or over the phone whatever is best for you. We are here to help you find the right personal loan for you. Contact us today

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Credit Representative Number 493774 is authorised under Australian Credit Licence Number 389328.  Your full financial situation and requirements need to be considered prior to any offer and acceptance of a loan product.