Back to: Personal Loans

 

A Westpac Personal Loan is a great option when you need money to buy something you really can't afford right now, but don't want to put off any longer.

Getting the car you've always wanted, a new lounge suite or renovating your kitchen are all good reasons to apply. You can even get cash to fund your dream wedding.

Consider getting on top of your repayments by consolidating all your outstanding balances into one low-rate loan. So you only pay one repayment per month, rather than different bills for store cards, credit cards or store finances.

With a Westpac Personal Loan you get:

• Quick and easy application – there are no lengthy forms to fill out. Find out how much you could borrow and get a quote on your monthly repayment amount by calling 132 651. Or apply online and receive a response the following business day
• Choice of a loan amount – unsecured loans range from $4,000 to $50,000, secured loans and car loans from $4,000 to $100,000; while boat loans range up to a maximum $70,000. Secured loans offer lower interest rates because we register an interest in your car or boat¹. With an unsecured personal loan however, your assets are not used as a security for the loan, so the amount you can borrow is less and the interest rate higher.
• Choice of term – choose a loan term from one to seven years, to help you comfortably meet your repayments.
• Convenient ways to make monthly payments – Internet Banking allows you to set up direct or periodic payments to your account. Additionally, you can organise a direct debit to your account, use BPAY, pay over the phone or by salary disbursement* payment options.
• Fixed repayment amount – you know the exact repayment amount as the interest rate is fixed for the term of the loan and you are protected from increases in official interest rates

Find out more about car, boat and other secured personal loans or unsecured personal loans.