Debt Consolidation Loans up to $25,000!

  • One Simple Payment
  • Consolidate all your loans & debts into one simple weekly or monthly payment
  • Get Your Best Loan Rate
  • Get the best consolidation loan rate we can give you3 - fast!
  • Fast Online Application
  • Apply in minutes with a fast loan decision in 60 minutes1!
  • Loans Paid Out in 60 Seconds
  • Get your money sent to your bank account after signing your loan contract2
Consolidation Loans
Car Loans

Personal Loans Interest Rates

Credit criteria and terms and conditions apply. Representative example: based on a loan of $10,000 over 36 months a borrower with an excellent credit history can expect to pay a total of $11,965.68. Interest rates vary subject to a full credit assessment. This represents a comparison rate of 12.05% p.a. and includes all interest and fees included in your loan repayments over the life of your loan. For our personal loan product the APR starts from a minimum of 8.69% (12.05% comparison rate) and a starting maximum of 21.24% (32.52% comparison rate). The minimum loan term is 9 months and the maximum loan term is 24 months.

WARNING: This comparison rate is valid only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan.

Consolidation Loans with Noddle!

If you have a number of personal loans, credit card balances or some other form of debt, a consolidation loan via Noddle may help you to combine all your debts into one simple to manage weekly or monthly fee.

We will do our best to find and offer your the best loan rate3 that we can for your consolidation loan. If you can combine all your loans together, up to a maximum of $25,000 and end up with a better loan rate with lower fees and a more manageable weekly or monthly payment, this may the answer.

  • Personal Loans
  • Credit Card Balances
  • Store Card Balances
  • Medical Bills
  • Tax Bills
  • Student Loans
  • Car Finance
  • Payday Loans
  • Debts
  • By Now, Pay Later Balances
  • Other Loans

The Noddle Application Process

Fast Online Application

Apply online with Noddle and your application should quick and simple to complete. Most applicants complete their applications between 5 and 10 minutes. We only gather the information that we really need to help us make our loan decisions, to get you the best loan rate that we can, based on your personal situation. Our smart tech will work away in the background, so that we can give you your loan decision iin under 60 minutes1 of submitting your application to us. We will need your personal details, address, contact details, your income and expenses as well as a digital download of your latest 90 days bank statements.

This part of your application should be quick and easy to complete and most customers complete their application with us in under 10 minutes.

Get Started

60 Minute Loan Decision

Due to our smart tech working in the background, we could give you a loan approval decision within 60 minutes of completing your application2; so it is possible to get your application completed and approved on the same day.

Loan approval decisions generally take less than 60 minutes!

Same Day Approval and Funding

If your application has been successful, you should receive a response from us within around 60 minutes of applying1. We'll then send you a link for you to complete your loan application with us and sign your contract. Signing can be done online and only takes a minute or so; Please ensure you read and review the loan terms, before you sign your contract with us.

Once signed, your consolidated loan payment can be sent to your bank within 60 seconds2!

What kind of loans can I consolidate?

You can consolidate all kinds of loans and other debt from credit cards, personal loans, payday loans, store cards, bills, tax bills and many other kinds of unsecured borrowing.

You will not be able to consolidate secured loans such as your mortgage or car loan

How many loans can I consolidate together?

You could consolidate as many loans as you need, up to a maximum of $25,000 with Noddle.

How do debt consolidation loans work?

If you have a number of loans and are having difficulty making your repayments or could reduce your overall repayments by grouping them together in one new loan, at a lower overall rate, then a consolidation loan may be the answer.

If the rate of the consolidation loan is lower than each individual loan, you'll also need to factor in exit fees and costs for your current loans to ensure the debt consolidation loan works out as a cheaper option for you.

Consolidation loans aim to make managing your repayments cheaper and simpler, as you would only have one payment to manage each month on a set date, rather than a number of loans whose repayment dates differ and would be more complex to manage.

Why should I consolidate my loans or debts?

Some of the reasons to consider consolidating your loans would be if you find it difficult to manage a number of loans and their seperate repayments and, or you would like to group all your loans into one new monthly payment at a cheaper repayment rate or lower overall monthly (or weekly) repayment amount. Generally consolidation loans aim to be easier to manage.

What are costs involved with a debt consolidation loan with Noddle?

For a breakdown of the costs involved with a Noddle consolidation loan, please see our Costs and Charges page for further details.

Are there any early repayment fees?

With Noddle, no, we do not have any early repayment fees associated with our debt consolidation loans. However when considering consolidating your loans, you should check with the lender for each loan and factor in any exit costs for early repayment, before consolidating these loans.

Can I get a better rate with security on my loan?

As a general rule, yes you could. With Noddle, we may be able to offer you a better rate when consolidating your loans, if security such as a car is provided against your loan.

How do I get my best debt consolidation rate with Noddle?

When you apply with Noddle, our smart tech will do it's best to offer you the best rate it can, based on the information you provide. Your loan rate may be better, if you opt to provide security against your loan, such as your car or other vehicle.

How long will it take for my loan to get approved?

Noddle is fast! Your debt consolidation loan with Noddle will be analysed by our smart tech and we should be able to give you a loan decision within 60 minutes of completing your application with us1.

Are debt consolidation loans just for people with bad credit or money problems?

Not at all. Sometimes it may make sense to consolidate your loans together, when the consolidation loan rate is lower than the individual loans themselves and so works out to be a cheaper more manageable loan.

If you are experiencing issues with your repayments and wish to protect your credit score, a consolidation loan is also something you should consider.

How do I qualify for a debt consolidation loan?

To qualify for a loan with Noddle, please review our basic criteria below:

  • Over 18 years of age
  • An Australian Citizen or Permanent Resident
  • Have a regular income
  • Use internet banking
  • Have a mobile phone and email address

How long will I have to repay loan with Noddle?

Noddle consolidation loans are offered between 12 months and 36 month terms.

Is refinancing different from loan consolidation?

Refinancing generally refers to rewriting a single secured loan at a better rate or better terms, such as a car loan or mortgage. Loan consolidation refers to grouping a number of unsecured personal loans together with a better rate or better terms which is either cheaper, easier to manage or both.

Personal Loans Interest Rates

Credit criteria and terms and conditions apply. Representative example: based on a loan of $10,000 over 36 months a borrower with an excellent credit history can expect to pay a total of $11,965.68. Interest rates vary subject to a full credit assessment. This represents a comparison rate of 12.05% p.a. and includes all interest and fees included in your loan repayments over the life of your loan. For our personal loan product the APR starts from a minimum of 8.69% (12.05% comparison rate) and a starting maximum of 21.24% (32.52% comparison rate). The minimum loan term is 9 months and the maximum loan term is 24 months.

WARNING: This comparison rate is valid only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan.

60 Minute Loan Decisions

1 60 Minute Loan Decisioning and Approvals are an average, to be used as a guide for a typical customer and are not guaranteed. 60 Minute Loan Decisioning and Approvals are not available when applicants apply outside of our normal business hours of 8am till 4pm Monday to Thursday, 8am till 12 noon on Fridays and Saturdays AEST or public holidays.

Loans Paid Out in 60 Seconds

2 It is possible to have your funds sent to your bank account in 60 seconds, if you have a New Payment Platform enalbled (NPP-enabled) bank account. A large number of Australian banks use NPP including ANZ, Bendingo Bank, Bankwest, Bank of Melbourne, Commonwealth Bank, Citigroup, HSBC, ING, NAB, St.George and more. Check whether your financial institution is NPP-enabled.

Best Loan Rate for You

3 Noddle does not have one fixed loan rate which it uses for all customers and loan applications, but will offer tailored loan rates depending on your individual circumstances and financial profile, as reviewed, during your credit assessment. Noddle will work to offer our best loan rate we can give the customer. If we can't assist a customer at our best rate, we will review the application against the next tier and rate until we find a match for the customer. This allows us to say 'yes' and give more customers 'the nod' with Noddle.

If Noddle is unable to assist with a loan directly, we may refer the application to a third party panel of lenders to 'get the nod'.