Personal loans call for a personalised experience.
Personal loans
A loan that
puts you in
control
puts you in
control
What can I use this for?
We’re open
minded
- Debt consolidation
- Car
- Legal fees
- Tax debt
- Gap finance
- Just about anything, really.
You call
the shots
Get a rate based on credit score.
Choose 3, 5 or 7 years.
Repay weekly, fortnightly or monthly.
The Wisr Difference
Not your average lender
We’re smart, with a big heart.
Your rate is tailored based on your credit score.
You’ll get an outcome that’s right for you.
With no early repayment fees.
Learn how to keep them in shape.
Our customer service team is ready to help.
Loan Calculator
Doing the maths is smart
Calculate your repayments on a personal loan.
- Monthly
- Exceptional
Get estimate
Details
| Total Repayments | $0.00 |
|---|---|
| Total Interest | $0.00 |
| Amount Required | $0.00 |
| Establishment Fee | + $0.00 |
| Loan Total | $0.00 |
| Interest Rate (p.a.)1 | 0.00% |
Testimonials
For the part of you that learns from others
The Process
We keep it simple
- 01
Get your personalised rate estimate in 2 minutes
- 02
Apply online and get a response right away
- 03
Upload your documents
- 04
Sign on the digital line
- 05
Get your money within 24-48 hours
Product features and fees
- Loan purpose
Personal loan
- Interest rate
Fixed from 6.74% 1 to 24.54%
- Comparison rate
Fixed from 7.57% 2* to 25.32% 2*
- Loan amount
$5,000 – $62,000
- Terms
3, 5 and 7 years
- Establishment fee
$595
- Features
No early repayment fees
Eligibility criteria
- Gross income over $25,000 p.a.
- Over 18 years of age
- No unpaid defaults last 5 years
- No bankruptcies last 7 years
- Not currently in financial hardship
- Permanent Australian resident (living in Australia right now)
Q1: How is my interest rate calculated?
We offer personalised rates based on your credit scores. Your credit scores give us an idea of how likely you are to pay back your loan. This plays a role in determining your interest rate, credit limit and loan terms. For secured loans, we also take into account the value of the asset you’re financing.
Q2: What can I use my personal loan for?
We offer loans for any worthwhile purpose. That might seem a bit broad, but it’s because our team handles every application individually. The most common loan purposes are cars, home improvements and debt consolidation. Whether it be a wedding, your dream car or finally getting rid of those credit cards – we want to know what you’re getting your loan for so we can share in your excitement!
Looking for more info on all things personal loans? Dig into our Smart Guide, What is a personal loan?
Q3: How do I know I’m getting a fair deal?
We take responsible lending seriously, which means you will only be approved for a Wisr personal loan if your circumstances are suitable and you can afford to pay it back. You can check your suitability by getting a 2-minute rate estimate. Don’t worry, the rate estimate won’t impact your credit score.
Q4: What documents do I need to apply for a personal loan?
This is one of those ‘piece of string’ questions. The documents you need will be different for everyone depending on your circumstances but for a start, you’ll need:
- 2 forms of ID E.g. Drivers Licence, Passport or Medicare card – so we can get to know you as a person.
- Last 90 days bank statements – so we can understand your financial position. This can be provided to us through a secure online portal, so we can obtain the information directly from your bank.
- Payslips if required – so we can assess your ability to service the loan.
FAQ
For the curious
Yup! Just keep in mind that you will need to have been in your current role for at least 24 months and be able to provide your most recent individual tax return and the corresponding notice of assessment from the Australian Taxation Office.
Want to know more? Check out our guide, Can I get a personal loan if I'm self-employed?
More Resources
The boring (but important) stuff
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1: This rate applies only to borrowers with excellent credit histories. Wisr will also offer loans at higher rates to applicants with good histories, but do not meet the requirements for our lowest rates. Interest rates range from minimum 8.49% to maximum 23.29% Loan example: for a borrower with excellent credit, a loan of $30,000 over a 5 year term, with an interest rate of 8.49% comparison rate 9.33% and a $595 establishment fee, the monthly repayment would be $627.56 and the total cost over the life of the loan including the establishment fee would be $37,653.35.
2: Comparison rates based on $30,000 unsecured loan, fixed over 5 years, with monthly repayments.
3: Comparison rates based on $10,000 unsecured loan, fixed over 3 years, with monthly repayments.
4: Comparison rates based on $10,000 secured loan, fixed over 3 years, with monthly repayments.
5: Comparison rates based on $30,000 secured loan, fixed over 5 years, with monthly repayments with a total loan amount compared to the vehicle asset valuation less than or equal to 130%.
* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
^AU18+ only. Ends 30/6/24 11:59pm AEST. Limit 1 entry per person/settled loan. Max 1 prize per person excl. SA. T&Cs apply.Note: All rates mentioned on this website are calculated on a per annum basis.