Let’s talk faster repayment options

You could save up to $1000 on interest just by paying an extra $50 each month. ^

Or call us on 13 28 26

^Savings based on a $20,000 loan over 5 years at 13.99% fixed p.a. (comparison rate 15.19% p.a.). The comparison rate is based on a loan of $30,000 over 5 years. WARNING: The comparison rate is 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.

A personal loan that helps you feel more in control

Clear your loan quickly so you can get on with enjoying whatever 'better' means for you.

Make extra payments on your terms - whenever and however you like.

Everything you need to know

Latitude Low Rate Personal Loan

Fixed rate (Secured & Unsecured)
10.99
% p.a.
^
Comparison rate
12.21
% p.a.
*
  • Loan amounts from $20,000
  • Loan terms from 2 - 7 years
  • Secured and unsecured loans
  • Fixed rate interest for the life of the loan
  • Weekly, fortnightly or monthly repayments
  • Choose the day repayments are deducted
  • Optional loan protection insurance
  • Extra repayments accepted 1
  • Be 18 years or over
  • Be a permanent Australian resident
  • Be currently employed
  • Have an excellent credit rating
  • Be a homeowner or mortgage holder
  • Borrow at least $20,000
  • Be a new customer
  • 10.99%^ p.a. (12.21%* p.a. comparison rate)
  • Establishment Fee $250
  • Loan Service Fee $13 per month
  • Australia Post Payment Handling Fee $1.50
  • Payment Handling Fee $1.50
  • Late Payment Fee $35 - in the event you can't make the minimum repayment by your agreed due date
  • Early Termination Fee
    - $300 within the first half of your loan term
    - $0 within the second half of your loan term
  •  
  •  

Latitude Personal Loan

Secured from
12.99
% p.a.
^
to
28.99
% p.a.
^
Comparison rate
14.20
% p.a.
*
to
30.13
% p.a.
*
Unsecured from
13.99
% p.a.
^
to
29.99
% p.a.
^
Comparison rate
15.19
% p.a.
*
to
31.13
% p.a.
*
  • Loan amounts from $3,000
  • Loan terms from 2 - 7 years
  • Secured and unsecured loans
  • Fixed rate interest for the life of the loan
  • Weekly, fortnightly or monthly repayments
  • Choose the day repayments are deducted
  • Optional loan protection insurance
  • Extra repayments accepted 1
  • Be 18 years or over
  • Be a permanent Australian resident
  • Be currently employed
  • Have good credit history for the last 5 years
  • Be free from bankruptcy for the last 7 years
  •  
  •  
  • Secured loans from 12.99%^ to 28.99%^ p.a. (14.20%* to 30.13%* p.a. comparison rate)
  • Unsecured loans from 13.99%^ to 29.99%^ p.a. (15.19%* to 31.13%* p.a. comparison rate)
  • Establishment Fee
    - $140 for loans under $4,000
    - $250 for loans over $4,000
  • Loan Service Fee $13 per month
  • Australia Post Payment Handling Fee $1.50
  • Payment Handling Fee $1.50
  • Late Payment Fee $35 - in the event you can't make the minimum repayment by your agreed due date
  • Early Termination Fee
    - $300 within the first half of your loan term
    - $0 within the second half of your loan term

Frequently Asked Questions

Would I be locked into paying more each month?
Absolutely not. You can revert to your minimum repayment at any time.

What if I only want to pay extra occasionally?
At Latitude, we offer a range of flexible payment options. So, if you'd like to pick and choose when you pay extra, you can do so by using BPAY or Australia Post. Call us on 13 28 26 to find out more. Please note, using BPAY does include a payment handling fee of $1.50.

What if I repay my loan super fast?
That's ok too, but just be aware that if you pay off your loan before you're halfway through your original term, you will be charged an early termination fee of $300. Call us on 13 28 26 to find out more.

Can I do this with my car loan?
Unfortunately, not. Our pay it faster option only applies to Latitude Personal Loans.

Already have a personal loan with us?

You can pay faster too. Simply give us a call on 13 28 26 to find out more.

Important information

^Approved customers only. Terms, conditions, fees and charges apply. All applications are subject to lending and approval criteria. For the Latitude Low Rate Personal Loan, Excellent Credit Rating is as determined by Equifax.

Latitude Low Rate Personal Loan interest rate is 10.99% p.a. with a comparison rate of 12.21% p.a. and is available as a secured or unsecured loan.

Latitude Personal Loan rates range from 12.99% p.a. to 28.99% p.a. for secured loans (comparison rates 14.20% p.a. to 30.13% p.a.) and 13.99% p.a. to 29.99% p.a. for unsecured loans (comparison rates 15.19% p.a. to 31.13% p.a.).

Latitude Car and Motor Loan rates range from 6.99% p.a. to 14.99% p.a. (comparison rates 8.10% p.a. to 16.06% p.a.) and is available as a secured loan.

*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: An unsecured 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).

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, however if you decide to make early or extra repayments, an early termination fee may apply.

1 You can make additional payments, however if you decide to make early or extra repayments, an early termination fee may apply.