Personal Loans Australia
Whether you need to consolidate debts, cover an unexpected expense, or fund a major purchase, a personal loan gives you access to funds with structured repayments over a fixed term. We compare personal loans from over 40 lenders - including options for bad credit, fast approval, and low documentation.Compare personal loans from 40+ lenders. Debt consolidation, bad credit, and fast approval options.
Personal Finance Made Simple
Life is full of surprises - some exciting, some challenging. Whether you're planning a wedding, consolidating multiple debts, covering medical expenses, or dealing with an unexpected bill, a personal loan can provide the funds you need with predictable repayments.
At Your Lending Friend, we compare personal loans from banks, credit unions, and specialist lenders to find options that match your situation. Bad credit? Self-employed? Need funds fast? We have lenders who can help.
Personal Loan Options
Find the right loan for your needs
Debt Management
Fast & Flexible Options
Life Event Loans
How It Works
Four simple steps to getting your personal loan
Tell Us What You Need
Let us know how much you want to borrow and what the loan is for. This helps us find the best options.
We Compare Options
Our brokers search 40+ lenders to find personal loans that suit your situation - including bad credit options if needed.
Choose Your Loan
We present your options clearly, explaining rates, terms, and any fees. You choose the one that works for you.
Get Your Funds
Once approved, funds can be in your account within 24-48 hours. We handle the paperwork.
Checking your options won't affect your credit score
Secured vs Unsecured Personal Loans
Understanding your options helps you choose the right loan type
| Feature | Secured | Unsecured |
|---|---|---|
| Collateral Required | Yes (car, term deposit, etc.) | No |
| Interest Rates | Generally lower | Generally higher |
| Loan Amounts | Often higher limits | May be capped |
| Approval | May be easier for bad credit | Requires stronger credit |
| Risk | Asset can be seized if you default | No asset at risk |
Not sure which is right for you? Talk to our team and we'll help you decide.
Need a Personal Loan with Bad Credit?
Banks make personal loans sound easy - until you apply with less-than-perfect credit. At Your Lending Friend, we specialise in personal loans for people with bad credit. Our specialist lenders assess your application based on your current ability to repay, not just mistakes from your past.
Learn About Bad Credit Personal LoansPersonal Loan FAQs
Common questions about personal loans
Personal loans can be used for almost any purpose - debt consolidation, home renovations, medical expenses, travel, weddings, or unexpected costs. Some lenders restrict certain uses, which we'll discuss with you.
Personal loan amounts typically range from $2,000 to $100,00...
Personal loan amounts typically range from $2,000 to $100,000, depending on your income, expenses, and credit history. Our lenders offer various options to suit different needs.
Yes. We work with specialist lenders who consider applicatio...
Yes. We work with specialist lenders who consider applications from people with defaults, poor credit history, or previous bankruptcy. Rates may be higher, but options are available.
A secured loan requires collateral (like a car or term depos...
A secured loan requires collateral (like a car or term deposit), which reduces lender risk and often means lower rates. An unsecured loan doesn't require collateral but may have higher rates and stricter credit requirements.
Many personal loans can be approved within 24 hours. For fas...
Many personal loans can be approved within 24 hours. For fast approval loans, same-day decisions are often possible. Funding typically occurs 1-2 business days after approval.
Our initial assessment uses a soft credit check that doesn't...
Our initial assessment uses a soft credit check that doesn't impact your score. A full credit check only occurs if you proceed with a formal application.
Still have questions? Contact our friendly team