Filter Results


Features

Personal loan provider

Important disclosure

RACV Personal Loans

An RACV personal loan automatically comes with an RACV membership. If you’re happy to be part of a financial institution that rewards loyalty, compare options, calculate repayments, and apply below.

Calculate your repayments

From a big backyard patio extension or a brand new swimming pool, to a long-awaited retreat, to a tropical island and everything else in between, RACV secured personal loans can make your dreams happen sooner than you imagine.

Overview

Minimum loan amount$5,000

Maximum loan amount$35,000

Minimum term (years)1 Year

Maximum term (years)7 Years

Personal loan interest rates (base)6.99%

Personal loan comparison rate7.55%

Monthly repayments (approx)$320

Total repayments (approx)$11,536

Total interest repayments (approx)$1,536

Rate typeFixed

Secured or unsecuredSecured

Encumberance/REVVS check fee$0

Application / establishment fee$380

GO TO RACV

Other Fees & Information

Monthly fee$0

Quarterly fee$0

Annual fee$0

Other fees$0

Redraw facilityNo

Repayment scheduleFortnightly, Monthly

Early repayments allowedYes

Early repayments fee$205

Missed payment fee$20

For debt consolidation?No

Sponsored No

Telephone13 15 60

Data accurate as of14/12/2018

GO TO RACV

Hide info -

Pay ZERO fees^ on all loans with NOW Finance. That's right - no establishment fee, no monthly fees, no early payout fee on all loans between $8,000-$50,000. What’s more, get your guaranteed, tailored interest rate in two minutes without impacting your credit score. ^Charges such as default or enforcement costs may apply if you do not comply with the terms of your loan. Comparison rate can vary from 5.95% to 17.95%

Overview

Minimum loan amount$8,000

Maximum loan amount$50,000

Minimum term (years)1.5 years

Maximum term (years)7 Years

Personal loan interest rates (base)5.95%

Personal loan comparison rate5.95%

Monthly repayments (approx)$303

Total repayments (approx)$10,943

Total interest repayments (approx)$943

Rate typeFixed

Secured or unsecuredUnsecured

Encumberance/REVVS check fee$0

Application / establishment fee$0

GO TO Now Finance

Other Fees & Information

Monthly fee$0

Quarterly fee$0

Annual fee$0

Other fees$0

Redraw facilityNo

Repayment scheduleWeekly, Fortnightly

Early repayments allowedYes

Early repayments fee$0

Missed payment fee$35

For debt consolidation?Yes

Sponsored Yes

Telephone1300 275 669

Data accurate as of23/02/2021

GO TO Now Finance

Hide info -

OurMoneyMarket offer competitive low rates on loans up to $50,000, plus free extra repayments and fee-free redraw facility.

Overview

Minimum loan amount$2,001

Maximum loan amount$50,000

Minimum term (years)1 year

Maximum term (years)7 Years

Personal loan interest rates (base)6.29%

Personal loan comparison rate6.54%

Monthly repayments (approx)$313

Total repayments (approx)$11,274

Total interest repayments (approx)$1,274

Rate typeFixed

Secured or unsecuredUnsecured

Encumberance/REVVS check fee$0

Application / establishment fee$250

GO TO OurMoneyMarket

Other Fees & Information

Monthly fee$0

Quarterly fee$0

Annual fee$0

Other fees$0

Redraw facilityYes

Repayment scheduleWeekly, Fortnightly

Early repayments allowedYes

Early repayments fee$0

Missed payment fee$25

For debt consolidation?Yes

Sponsored Yes

Telephone1300 990 115

Data accurate as of30/04/2021

GO TO OurMoneyMarket

Hide info -

Fast and easy online application. Money can be in your account same-day. Flexible repayments with no early exit fees. Comparison interest rates from 7.64% to 13.32% p.a.

Overview

Minimum loan amount$2,100

Maximum loan amount$50,000

Minimum term (years)1 year

Maximum term (years)5 years

Personal loan interest rates (base)6.25%

Personal loan comparison rate7.64%

Monthly repayments (approx)$320

Total repayments (approx)$11,547

Total interest repayments (approx)$1,547

Rate typeFixed

Secured or unsecuredUnsecured

Encumberance/REVVS check fee$0

Application / establishment fee$495

GO TO MoneyMe

Other Fees & Information

Monthly fee$10

Quarterly fee$0

Annual fee$0

Other fees$0

Redraw facilityNo

Repayment scheduleFortnightly/Monthly

Early repayments allowedYes

Early repayments fee$0

Missed payment fee$15

For debt consolidation?Yes

Sponsored Yes

Telephone1300 329 037

Data accurate as of03.03.2021

GO TO MoneyMe

Hide info -

results per page

BestFind.com.au provides factual information in relation to financial products. While BestFind.com.au attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and to the best of our knowledge is correct at time of publishing. The information published on BestFind.com.au is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product you will be dealing directly with that provider and not with BestFind.com.au. BestFind.com.au recommends that you read the relevant PDS or offer documentation before taking up any financial product offer. For more information please see BestFind.com.au's Terms of Use and Services Guide.

Minimum and maximum loan periods vary between 6 months and 10 years. Comparison interest rates vary between 6.55% and 20.89% p.a. Total interest repayments vary between $1,387 and $4,165 over the life of the loan. *Comparison rate is based on an unsecured loan of $10,000 for a term of 3 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. These rates can change without further notice. All rates quoted are per annum. For more information regarding fees click on "View fees & additional info +" for each product or contact the provider.

Need help choosing the right loan?

Get a multi award-winning personal loans broker, to help select the right loan for you.

Australia-wide personal loans completed online or via the telephone (no need for any face-to-face meetings).

Monday to Friday, 9am – 6pm AESTs

An account manager will contact you within 3 hours of your enquiry.

Call 1300 884 355
What type of loan are you looking for?

An RACV personal loan automatically comes with an RACV membership. If you’re happy to be part of a financial institution that rewards loyalty, compare options, calculate repayments, and apply below.

RACV personal loans – Get finance with membership benefits

Usually associated with roadside assistance, insurance, and travel, the Royal Automobile Club of Victoria (RACV) also offers a range of personal loans. The motoring club is a mutual organisation which means it exists to benefit its over 2 million members instead of shareholders. RACV positions their personal loans as suitable for home improvements, holidays, and everything else in between.

Read on to get familiar with RACV personal loans, so you know if the product suits you and whether to apply.

RACV personal loans in a nutshell

RACV offers personal loans for all purposes, budgets, and needs starting from $5,000. Becoming a member is easy; all you have to do is purchase any RACV renewable product, such as a car or personal loan, and you instantly unlock membership benefits.

However, RACV only offers secured personal loans, so you’ll need a suitable asset to qualify. Loan terms are between 1 and 7 years, and you can make fortnightly or monthly repayments.

The RACV secured personal loan

This option has a moderately competitive fixed rate, and like most secured loans, the rate is lower than what you’ll find for unsecured personal loans on the market. Rate discounts are also available, and the discount varies depending on years of membership.

There are no ongoing fees, and you can make repayments via direct debit or BPAY once every month or fortnight. Please note that you have to provide a registered motor vehicle as security when applying for this product. Additionally, the vehicle’s worth must be the same or higher than the amount you’re borrowing.

Other loan types offered by RACV

The RACV secured personal loan is for general purposes. RACV also offers secured personal loans for the following specific objectives:

  • Holiday and travel. You can fund your dream holiday or any travel plans you have in mind.
  • Debt consolidation. This option is for bundling all your debts into one loan with one easy-to-make repayment.
  • Refinancing. If you already have a personal loan with a different lender and want to switch over to RACV, you can choose the refinancing option when applying.
  • Business vehicles. You can purchase a vehicle for your business.
  • Buying a caravan, motorbike, or boat. RACV offers credit that’s tailored to these purchases to suit your repayment and deposit needs.
  • Buying a car. This option is suitable for a new or used car. You can find out more in our RACV car loan guide.

Pros

  • Your personal loan comes with RACV’s Satisfaction Guarantee. So if you’re not satisfied with the product, you can return the total amount received within 21 days from the time of funding. You’ll get a full refund on all fees and interest charged, plus you won’t have to pay an early termination fee.
  • Both single and joint applications are available.
  • Quick application process either online or over the phone and fast approval.
  • If you’re an existing member, you may qualify for a “Years of Membership Benefits” discount on your interest rate.
  • If you have difficulty with your personal loan repayments due to unfortunate events like illness, job loss, relationship breakdown, or other emergency events, RACV can provide financial hardship assistance.
  • RACV says that, in most cases, it’s possible to get 100% finance which means you won’t need a deposit.
  • There are no ongoing fees, so your repayments will be more affordable.

Cons

  • You have to pay an application fee. Other fees and charges – for instance, default fees – may also apply.
  • A registered motor vehicle is required as security before you can qualify.
  • You can only borrow a minimum of $5,000.

Applying for an online loan with RACV

  • Once you find the RACV financial product of your choice, click “Go to Site,” in BestFind’s comparison table above.
  • Supply your details via the application form. This includes personal information such as your driver’s licence number, employment details, and details about your income, assets, and liabilities. RACV will be in touch at a later stage to verify this information.
  • Approval time varies, but you’ll receive funds within 24 hours once you’ve signed the paperwork.

Please note that to be eligible for an RACV personal loan, you have to meet the basic eligibility criteria. You must be at least 18 years old and an Australian permanent resident with a regular income and a clean credit history.

Popular personal loans searches

View all search queries