Why choose an Alex Personal Loan?
Borrow $2100 to $30,000
6 months to 5 years
Personalised rates
No monthly fees
No Fees to pay off your loan early
Extra repayments welcome & free
Calculate your repayments
Find out how much you would pay back by adjusting the loan amount and loan term below.
The Application Process
What you need to apply
To be a permanent resident of Australia
To have your Passport or Driver’s License handy
To be at least 18 years old
Access your bank statements through our secure online portal
How do personalised rates work?
Alex offers interest rates for personal loans based on a range of factors regarding your financial situation.
We look at over 100 types of data to ensure we can give you the best deal possible whilst being a responsible lender.
Example types of information that influence your personalised rate:
Your lending history
Current loan / credit card information
Your credit score
Your income versus the estimated loan repayments
How we compare
We have one of the lowest rates in the market. See how our Personal Loans compare.
What is a comparison rate?
A comparison rate is a tool to help customers identify the true cost of a loan. It is calculated using a standard formula. It is a rate which includes the interest rate and certain fees and charges relating to a loan. EXAMPLE: An unsecured personal loan of $15,000 borrowed for 3 years with a minimum interest rate of 9.99% pa (11.36% pa comparison rate) would equate to a total amount payable of $17,422 (including a $295 establishment fee).
What is not included in the comparison rate?
The comparison rate does not include government charges, fees and charges associated with loan options or events that may or may not be used by the borrower or which are not available at the time the comparison rate is provided, all of which may influence the cost of a loan.