&Alex Pty Ltd (Alex) is not authorised by the Australian Prudential Regulation Authority (APRA) to conduct banking business in Australia. Alex has applied for authorisation to conduct banking business in Australia, initially for a limited period as a restricted authorised deposit-taking institution (ADI).
The Canstar 5-Star Rating was awarded on 5th November 2020 for the Unsecured Personal Loan - Excellent Credit product for the Unsecured Personal Loan profile.
Alex personal loans are available for a minimum of 6 months to a maximum of 5 years. Interest rates range from 6.95% to a maximum Annual Percentage Rate (APR) 19.99% p.a. (comparison rate* 6.95% to 19.99% p.a.). Based on our average interest rate of 12.99% p.a. (comparison rate* 12.99% p.a.), the total repayments of a loan for $30,000 over a 5 year term would be $40,825.95 (including an establishment fee of $0).