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We’ll ask you a few quick questions about your circumstances and credit history to give you a personalised interest rate and repayment amount.
This won't affect your credit score
Let's talk loan details
|Rate||Choice of a Fixed or Variable loan|
|Loan amounts||From $5,000|
|Repayments||Weekly, fortnightly, monthly|
|Loan terms||2 - 7 years|
|Secured and unsecured|
|Other benefits||Fixed loan: |
Rate and repayment fixed for the life of the loan
No early termination fee
Fees & charges
|Establishment Fee||An upfront fee, added to your loan amount, ranging from 0%-5% based on your credit rating|
|Loan Service Fee||$13 per month|
|Payment handling fee for using BPAY®||$1.50|
|Late Payment Fee:||$40 In the event that you can’t make the minimum repayment by your agreed due date|
|Early Termination Fee:||Fixed loan: |
$500 up until the last 3 months of the loan term
No early termination fee
Loan repayment calculator
What will my repayments be?Let's calculate
Why choose a Latitude loan?
Get an indicative Quote in 2 minutes, Apply in under 7 minutes. Once approved and you accept your contract, funds in your account in less than 24 hours.
At Latitude, you can choose to apply for a Fixed or Variable loan, along with an option to set up monthly, fortnightly or weekly repayments.
How to apply
- Check your interest rate online in 2 minutes without impacting your credit score
- Apply online and receive a response in 60 seconds
- Provide required documents, such as banking statements and identification documents
- Accept your loan contract digitally
- Obtain funds within 24 hours of us receiving your online acceptance
- Be 18 years or over
- Be a permanent Australian resident
- Be currently employed and earning at least $25,000 gross per annum
- Be able to demonstrate a good credit history for the last 5 years
- Be free from bankruptcy for the last 7 years
- Be a new Latitude Personal Loan customer
Frequently asked questions
What can I use my loan for?
Application and approval
^ Approved customers only. Terms, conditions, fees and charges apply for Latitude Personal Loan. All applications are subject to lending and approval criteria.
Loan terms range from 2-7 years for Latitude Personal Loan.
Latitude Fixed Personal Loan rates range from 7.75% p.a. to 26.99% p.a. (comparison rates 8.65% p.a. to 30.22% p.a.).
Latitude Variable Personal Loan rates range from 5.75% p.a. to 25.99% p.a. (comparison rates 6.68% p.a. to 29.20% p.a.).
* The Comparison rate for the above products are based on $30,000 over 5 years.
WARNING: These comparison rates apply only to the example or examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
EXAMPLE: A personal loan of $30,000 borrowed for 5 years with an interest rate of 10.99% p.a. (12.71% p.a. comparison rate), would equate to a total amount payable of $40,690 (including a $600 establishment fee and $13 monthly loan servicing fees).
Results from the calculators should be used as an indication only, and they do not represent either a quote or pre-qualification or approval for a loan. The calculator should only be used as a guide to see how loan repayments can vary when you change the loan amount, interest rate and loan term. Fees and charges are payable and the calculators do not take these into account.
1 You can make additional payments at any time, however, an early termination fee may apply on a Fixed loan up until the last 3 months of your loan term.