You can use your Latitude solar and battery loan if you're borrowing for one of the below categories:

• Solar panels & inverters

• Batteries & storage

• Electric vehicle charging solutions

• Energy efficient appliances

• Double & triple glazing

• Solar heating & hot water services

• Lighting upgrade

• All things green & focussed on carbon reduction

If you have something in mind, give us a call 13 28 26 to discuss a solution that suits you.

The minimum amount you can borrow with a personal loan is $5,000, with the maximum depending on your circumstances and current financial situation.

You can opt to make weekly, fortnightly or monthly repayments by Direct Debit or BPAY®.

Payment via BPAY® will incur a payment handling fee of $1.95.

BPAY® and the BPAY® logo are registered trademarks of BPAY Pty Ltd ABN 69 079 137 518.

As a responsible lender, our obligations requires us to make reasonable inquiries about your financial situation, requirements and objectives.

The main difference between unsecured and secured personal loans lies in the presence or absence of collateral, which is an asset that a borrower offers as security to the lender in case the loan is not repaid.In a secured personal loan, the borrower pledges an asset (such as a car, property, or savings account) as collateral. This asset serves as a form of security for the lender.An unsecured personal loan does not require any collateral. If the borrower defaults on the loan, the lender does not have a specific asset to seize.

Direct debit set up form [PDF]

Third party authority [PDF]

Redraw is a feature of Latitude Variable Rate Personal Loans that gives access to additional repayments you've made on your loan. There's no cost to redraw and no need to reapply for a new loan. Call 1300 973 422 to see if you are eligible.

Only Latitude Variable Rate Personal Loans have redraw available.

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 business day or no more than two working days (depending on your circumstances).

At a minimum, you will need to:

• be currently employed and earning at least $25,000 gross per annum
• be an Australian Permanent Resident
• be at least 18 years of age
• Be able to demonstrate a good credit history for the last 5 years
• Be free from bankruptcy for the last 7 years

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.

Whether you need to provide security or not will vary depending on your personal circumstances and the loan amount you have applied for.

As a responsible lender, we are required to take reasonable steps to verify and assess a consumer's financial situation before providing credit. Through process which includes performing a credit check. we're able to provide you with your personalised interest rate.You can view your indicative interest rate by requesting a quote via our website and this will not impact your credit score.If after your quote, you decide to proceed with a full loan application, a credit check will be performed.

Yes, you can refinance a loan through Latitude, however, this will be regarded as a new loan application therefore subject to approval. We will ask for updated details relating to your personal and financial situation before evaluating your refinancing application.

Interest rate may vary depending on the type of loan you apply for. Our Fixed personal loans feature fixed interest rates, so repayment amount stays the same throughout the life of the loan. Your rate could change during the term of your loan for a Variable personal loan.

Interest is calculated daily and charged to your account on a monthly basis.

With a Latitude Personal Loan, you can make extra payments whenever and however you like. Be aware that for a Fixed personal loan, an early termination fee of $500 applies if you payout your loan in full up until the last 3 months of the loan.

• 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 13 28 26 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.

A comparison rate in the context of personal loans is a way of presenting the total cost of a loan to borrowers. It includes both the nominal interest rate and any associated fees or charges over the life of the loan, expressed as an annual percentage rate (APR). This allows borrowers to make more informed decisions when comparing different loan options from various lenders.The comparison rate takes into account not only the interest rate but also any upfront or ongoing fees, such as application fees, annual fees, and other charges. By including these additional costs, the comparison rate provides a more accurate representation of the true cost of borrowing.When evaluating personal loan options, it's important to consider both the nominal interest rate and the comparison rate. While the nominal interest rate indicates the cost of borrowing in terms of interest alone, the comparison rate gives you a more comprehensive view of the overall cost, helping you choose the loan that best suits your financial needs.

A variable rate personal loan is a type of loan where the interest rate can fluctuate over the course of the loan term. Unlike a fixed interest rate, which remains constant, a variable interest rate may change, which can change your repayment amount. A variable rate personal loan also allows you the flexibility to redraw funds you’ve paid in advance and also payout your loan early with no early repayment fees. A fixed interest personal loan is a type of loan where the interest rate remains constant, or fixed, for the entire duration of the loan term. This means that the interest rate you agree upon when you take out the loan will remain unchanged.