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
https://www.youtube.com/watch?v=YNSgj2EIXag
We’re waving the $295 establishment fee on all personal loans^
For a limited time only.
^Alex’s standard establishment fee of $295 will be waived for all applications fully submitted between 15 September 2020 and 30 November 2020. This offer is not transferable and subject to our assessment and suitability.
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.
Source: Relevant competitor or comparison website as at 30 September 2020.
^Alex’s standard establishment fee of $295 will be waived for all applications fully submitted between 15 September 2020 and 30 November 2020. This offer is not transferable and subject to our assessment and suitability.
*Comparison rate based on $30,000 loan amount and 5 year loan term. 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 costs savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
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.