How to select a personal loan

Are you stuck thinking of which loan to avail? Here we give you some tips that might help. Everybody’s requirements for a personal loan are dfferent and so are their income levels. Repayment in monthly instalments needs to a be a good match for your financial situation so consider all aspects carefully when going in for a personal loan.

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Types of Personal Loans
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Choose a Personal Loan
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Compare Personal Loans
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Personal Loan Calculator
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Tips to select a Personal Loan
Choosing a Personal Loan

A personal loan can be used to fund extra purchases and expenses; however, choosing the right one will greatly depend on your needs and affordability. Interest rate is the first thing, ongoing or upfront fees is the second most important thing to look at. Consider the flexibility of the loan to pay off as quickly as possible. At Loans Direct, we make it easier for you by comparing different loan offers, interest rates and types of personal loans available from top Australian lenders.

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Comparing Personal Loans

Search, compare and apply for a personal loan here. Our comparison tools, interest rates charts, personal loan calculator and borrower’s guides are there to help you make an informed decision. Choosing the right one will potentially save money on interest and fees over the loan term, but a wrong one can make you shed extra dollars. Narrow down your search by comparing personal loans that caters to your preferences and needs.

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When your needs are different, Personal Loans are different Unsecured Personal Loans

An unsecured personal loan is widely available in Australia. Since, it is not secured by a collateral and the lender does not hold security over any of your assets, it is important to consider the interest rate as well as the fees and other charges payable by you.

This type of loan can be used for any worthwhile purpose, such as-

  • To buy a car
  • To go on a holiday
  • For meeting up wedding expenses
  • For debt consolidation

To buy or repair any household stuff

What’s your need? Discuss with us now!

Secured Personal Loans

A secured personal loan is believed to be risk-free, borrowed in lower rate of interest. If you want to buy a new vehicle, this type of personal loan is most suitable. However, this loan is not for all types of vehicles. You will be offered secured car finance only on new and recent model of cars/vehicles.

Keep in mind that since the loan is secured, the lender holds the rights to take the possession of your motor vehicle, if you default on repayments.

Car Loans at Loans Direct

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All about Personal Loans
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How to select a personal loan wisely

What to keep in mind while getting a personal loan.

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Different kinds of loans

Types of basic personal loans you should know about.

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How to apply online for a personal loan

Get started on the loan application process online now.

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Factors to consider before applying for a loan

How to get clarity into which personal loan product is best for you.

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Personal Loan Calculator

Calculate how much you can borrow for your personal loan.

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