I need to manage my finances
Finding it hard to stay on top of your finances? Credit card bills, small loans and unexpected expenses can catch us by surprise. Wish you could simplify things? It might be time to streamline your debts into one easy to manage debt consolidation loan.
Our loans are tailored to your needs, lifestyle and budget. You’re in control with a fixed interest rate, so you’ll always know what your repayments are.
Important Information
^ Approved customers only. Terms, conditions, fees and charges apply. For the ‘Latitude Car Loan' and the 'Latitude Personal Loan’ interest rates range depending on a number of factors, including the information you provide us and our assessment of your application. All applications are subject to lending and approval criteria.
* Comparison rates for all the above products are based on a loan of $30,000 over 5 years.
WARNING: These comparisons rates are true only for the example 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 secured personal loan of $30,000 borrowed for 5 years with the minimum interest rate of 10.99% p.a. (12.21% p.a. comparison rate), would equate to a total amount payable of $40,233 (including a $250 establishment fee and $13 monthly loan servicing fees).
Cover yourself with loan protection insurance
You never know what’s going to happen further down the track, so why not take out insurance to guard yourself against the unexpected.
Calculators and tools
Personal loan repayments
Interested in what your repayments might be before you jump into applying? Use our personal loan calculator to find out.
Calculate repaymentsBudget planner
Not sure how far the budget will stretch? Take a look at our budget planner. It’ll help work out how much you can afford to repay.
Set up a budgetCar loan repayments
Eager to test drive but need to know your limits? Use our car loan calculator to work out your approximate repayments before you choose your wheels.
Calculate repaymentsFrequently asked questions
What can I use my loan for?
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Debt consolidation involves gathering your credit card debts, loans and other liabilities and combining them into one easy to manage personal loan.
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Debt consolidation involves gathering your credit card debts, loans and other liabilities and combining them into one easy to manage personal loan.
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With a Latitude Debt Consolidation Loan you can consolidate your credit cards, store cards, personal loans, car loans or small debts.
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Once your loan is approved, we can issue payout payments to credit providers on your behalf. If you’re also closing your paid out credit card accounts, we can help you with the paperwork.
Application and approval
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In most cases, you can expect to receive a decision on your loan application in 1-2 working days.
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Once your loan is approved and signed, your funds are usually available the next day or no more than two working days (depending on your circumstances).
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Latitude Personal Loan
At a minimum, you will need to:
- have a regular income,
- be an Australian Permanent Resident,
- be at least 18 years of age.
Other credit and approval criteria will apply depending on your situation.
Latitude Low Rate Personal LoanAt a minimum, you will need to:
- be a homeowner or have a mortgage,
- borrow a minimum of $20,000,
- be a new Latitude personal loan customer,
- have an excellent credit history,
- have a regular income,
- be an Australian Permanent Resident
- be at least 18 years of age.
Other credit and approval criteria will apply depending on your situation. In most cases, you can expect to receive a decision on your loan application in 1-2 working days.
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Whether you need to provide security or not will vary depending on your personal circumstances and the loan amount you have applied for.
Fees, charges and interest
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All our loans feature fixed interest rates, so repayment amounts stay the same throughout the life of the loan. Having this certainty makes budgeting easier and more manageable.
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Interest is calculated daily and charged to your account on a monthly basis.
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Additional repayments can be made at any time. However if you pay off your loan early, an early termination fee may apply. The amount will depend on how long you have left on your agreed term. Payment handling fees apply for additional repayments made at Australian Post or via BPAY®. BPAY and the BPAY logo are registered trademarks of BPAY Pty Ltd 69 079 137 518.
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- Paying by direct debit saves you time and the hassle of manual repayments, it also helps you to avoid fees from missed or late payments.
- Make sure you have sufficient funds in your account so all direct debits and other scheduled payments can be made.
- If your circumstances change which could affect your repayments, call us on 1300 973 422 to discuss your options.
- You can also make additional repayments so you pay off your loan sooner and save on interest1.
1Early termination fee applies.