Secured Personal Loan FAQs

All Wisr's standard loan purposes are eligible, including debt consolidation, home improvements, travel, medical expenses, and more.

Vehicles must meet the same eligibility criteria as our Secured Vehicle Loan:

• Must be registered in the borrower’s name

• Must be less than 13 years old at the time of application

• Must not be encumbered or under finance

Loan amounts range from $10,000 to $65,000.

• Monthly account fee: $10 

• PPSR: $10

• Security asset verification fee (or private sale fee): $50

Note, the security asset verification fee does not apply if the sale is from a dealership.

​​There are no additional hidden fees, and clients can pay off early anytime, with no exit or early repayment fees.

^{*Comparison rates are based on $30,000 secured loan, 0-1 year old asset, fixed over 5 years, with monthly repayments including a $560 loan establishment fee plus $10 PPSR fee for secured loans and before inclusion of any Broker Origination Fee. All percentages disclosed are per annum basis.Finance to approved clients, subject to suitability. Credit criteria, fees, charges and terms and conditions apply.}