Latitude Loans
Need money for a shiny new car, an overseas adventure, or simplifying your repayments? Whatever your goals, we’ll try and get you there. Explore your options below.
Why choose a Latitude loan?
Simple application
Flexible financing
Solutions to suit you
Compare our fixed and variable loan options to find the right fit
Frequently asked questions
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Fixed Loan Best for stability
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Variable Loan Best for flexibility
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| Interest rate from 8.99
%
p.a.^
to
29.39
%
p.a.^
Comparison rate from 10.67
%
p.a.*
to
30.97
%
p.a.*
|
Interest rate from 9.49
%
p.a.^
to
29.39
%
p.a.^
Comparison rate from 11.16
%
p.a.*
to
30.97
%
p.a.*
|
|
|
|
Why choose a fixed rate? A fixed rate makes budgeting easier. It’s ideal if you want certainty and peace of mind. Your interest rate stays the same, no surprises, no changes. |
Why choose a variable rate? A variable rate offers flexibility. Ideal if you want to pay off your loan early with fewer restrictions. |
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Establishment fee $395 Loan service fee $16.50 per month Direct debit fee $0 BPAY® payment handling fee $1.95 Late payment fee $45 if minimum repayment is not made by the agreed date Early termination fee $500 (up until the final 3 months of loan term) Loan amount From $5,000 Repayment frequency Weekly, fortnightly, or monthly Loan terms
|
Establishment fee $395 Loan service fee $16.50 per month Direct debit fee $0 BPAY® payment handling fee $1.95 Late payment fee $45 if minimum repayment is not made by the agreed date Early termination fee $0 Loan amount From $5,000 Repayment frequency Weekly, fortnightly, or monthly Loan terms
|
Frequently asked questions
Calculator and tools
What can I use this loan for?
Consolidating your debts
Destress your mind by consolidating debt into one easy to manage Personal Loan
Learn more
Renovation
Build that dream kitchen, or entertain on your new deck. Turn your house into a home.
Learn moreLet’s look at the nuts and bolts
Let’s do this together, answering all your questions, helping you manage your loan.
The minimum amount you can borrow for a Latitude Personal Loan is $5,000, with the maximum depending on your circumstances and current financial situation.
In most cases, you can expect to receive a decision on your loan application in 1-2 working days.
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).
Recommended reads
Is a Debt Consolidation Loan Right for You?
How to Consolidate Debt: The All-in-One Guide
Tips to Help You Become a Super Saver
Important information
^ 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 Variable Personal Loan rates range from 9.49% p.a. to 29.39% p.a. (comparison rates 11.16% p.a. to 30.97% p.a.).
Latitude Fixed Personal Loan rates range from 8.99% p.a. to 29.39% p.a. (comparison rates 10.67% p.a. to 30.97% 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 15.99% p.a. (17.61% p.a. comparison rate), would equate to a total amount payable of $45,330 (including a $395 establishment fee and $16.50 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.