Personal Loans up to $25,000!

  • All Loan Purposes Considered
  • 'Get the Nod' on your next loan with noddle - the easy way!
  • Get Your Best Loan Rate
  • Quickly get the best Noddle personal loan rate for you3!
  • Loans Paid Out in 60 Seconds
  • Get your money sent to your account in 60 seconds of signing your contract2
Personal 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.

Use Your Noddle to Get Your Best Rate from Noddle!

Noddle is a lender with access to a number of personal loan products at different loan rates starting from 8.69%. We'll find you the best loan rate we possibly can3, based on your personal credit profile and borrowing history. You may be surprised and be offered a loan rate better than you expected!

Noddle takes all the stress and hastle out of researching and comparing lenders and loans when looking for a suitable personal loan.

Noddle will consider personal loans for a wide variety of loan purposes from paying off a larger than expected medical, dental or vet bill to helping you celebrate your engagement, wedding, honeymoon or anniversary. Loans are available for all sorts of practical purposes such as car repairs, rental bonds, re-decorating your home to paying for new electronic appliances or even a home cinema - it's up to you.

  • Car Repairs, Services, Upgrades & Rego Costs
  • Medical Bills
  • Dental Bills
  • Vet Bills & Expenses
  • Home Improvements, White Goods & Repairs
  • Long Weekends, Trips & Holidays
  • Engagements, Weddings & Honeymoons
  • Anniversaries, Parties & Celebrations
  • Re-location & Rental Bonds
  • Travel Expenses
  • Study Expenses
  • Emergency Loans
  • Unexpected Bills
  • Debt Consolidation

Fast Application, Fast Decision and Fast Payout!

Fast Loan Application

At Noddle, we have made things simple. We only ask for the most important details that we need in order to evaluate your application. First we need to know what kind of loan you want, such as how much you intend to borrow and what you will use it for. We need your personal details such as your name and address and how to contact you, plus details of your employment and any benefits you may be receiving, so we can accurately assess your income. Next we need to know about your regular expenses, such as rent, mortgage, groceries and utility bills. After that, we need to take a digital scan of your bank statements, so we can confirm a few details you have already given us and to determine whether the loan is affordable for you.

This part of your application should be easy for you to complete online and most customers complete this within between 6 and 12 minutes.

Get Started

Fast Loan Decision

For most applications, we can provide a decision within 60 minutes1, once your online application is complete and we have received a digital copy of your bank statements.

Fast Pay Out

If everything looks good, we have given you a loan offer and you are happy to proceed, we can transfer the loan funds to your bank account. As soon as you have signed your loan contract online, your loan payment will be sent to your bank account within 60 seconds2!

Where is the best place to get a personal loan?

There are many financial institutions that offer personal loans, and most can be found with a simple online search and online application. Comparison sites can be used to easily identify a range of lenders, with a range of interest rates and repayment terms.

Noddle can save you a lot of stress and time comparing personal loan products. With Noddle, we'll do our best to find the best loan rate and terms for you3, based on your personal circumstances, your loan purpose and all the information you provide us, taking into account your income and spending habits.

Can personal loans damage your credit?

Any loan application is likely to be recorded on your credit history file, and it follows that any loan will be reported to the credit reference agencies by the lender. Since Australia adopted the positive credit reporting regime, lenders now report both repayments as well as non-payments, meaning that it is more important that ever for a borrower to keep up to date with their repayments, making them on time, to ensure their credit score is not damaged by a late payment.

If your circumstances change and you believe you will have difficulty meeting your payment obligations, contact your lender as soon as you can.

Is it smart to pay off credit cards with a personal loan?

A personal loan generally carries a lower interest rate than a credit card. So it can be smart to take out a fixed rate personal loan, if you have a credit card that is routinely at its limit, meaning a high rate of interest and possibly missed payment fees are being paid. A personal loan, has a fixed monthly repayment and over the period of the loan, the outstanding balance reduces.

The alternative credit card is not a loan that has a repayment schedule, and commonly credit card limits are maintained at their maximum, which is not a smart way to manage personal finances and pay less interest fees and charges to the lender.

How can I get a personal loan in Australia?

In general personal loans in Australia can be approved if the applicant meets the following criteria. They must be over 18, be an Australian resident, have an income to allow the repayments to be met as well as their other regular expenses as they fall due and have a credit score that is acceptable to the lender.

  • Be over 18 years of age
  • An Australian resident
  • Regular income with surplus
  • Suitable credit history

What are the advantages of a secured personal loan over an unsecured personal loan?

A lender will generally look at any loan where the borrower offers security more favourably than an unsecured loan. This could lead to a greater chance of the loan being approved and also to a cheaper loan. The easiest form of security that borrowers can give, is a car. If an owner of a car offers the vehicle as security for a loan, the lender will often look more favourably on the application. In that case, the lender takes security over the vehicle until the loan is repaid. During the course of the loan, with the security still in place, it may be possible for the borrower to extend their existing loan.

What information will I need to provide Noddle?

Noddle will need to take some personal identifiable information, such as your name, contact detail and address. We will also need to confirm your income and regular expenses and will need to digitally take a copy of your last 90 days bank statements as part of your application.

Can I use a personal loan for anything?

In theory, a personal loan can be used for anything, unlike a secured loan that is often committed to a specific purpose such as buying a house or buying a car. A personal loan is a smart way to consolidate other debts such a credit cards, and store cards fees, into a single monthly repayment.

Due to responsible lending obligations, lenders now have to check and verify that the loan purpose is suitable and appropriate for the borrower, so that some loan purposes are restricted or prohibited, such as borrowing money to support an unhealthy addiction or habit such as gambling.

How do I get the best rate personal loan?

A borrower can do a number of things to become eligible for better loan interest rates:

  • Improve their credit score as a result of consistently making on time payments to cover their existing financial commitment and bills
  • Be able to demonstrate a regular income that can adequately cover their routine monthly expenditure and living expenses, other financial commitments and the loan being applied for. An income and expenditure assessment undertaken by a lender is made to assess the affordability of any loan being applied for.

Will Noddle run a credit check on my application?

For a Noddle personal loan or secured loan application, Noddle will request from credit bureaus file information on any applicant, to enable them to assess a borrowers lending capacity and history of managing their own existing financial applications. This information, combined with other information provided during the application process is used as part of the assessment process. By undertaking appropriate checks and enquiries, Noddle looks at every application on its merits, and if it can offer a loan it will.

How long will the application take?

Application times are different for everyone, but as a genral guide, the average time for our customers to complete their application is between 6 and 12 minutes. Having processed hundreds of thousands of loan applications, Noddle’s lending decisioning platform is designed to automate and minimise the time taken to complete the loan application process, so a borrower gets the fastest possible personal loan decision. At all stages along the way Noddle will communicate with the applicant, updating regarding the stage the application has reaches and or ask for additional information if needed.

Why does Noddle need to know the purpose of my loan?

It is a legal responsibility for Noddle to enquire as to the purpose of the loan. In the vast majority of cases the purpose of the loan is routinely acceptable, however lending is not encouraged for situations when a borrower is in hardship, or the loan is deemed as for illegal or undesirable activities such as gambling. In certain cases, Noddle may refer an application to a government funded support agency, for either financial assistance or financial counselling, or to other third parties who may be able to help.

How long will the application take to complete?

Noddle aims to get a decision in principle for every applicant in 60 minutes1, unless additional information is required, or the application is incomplete. The online application process includes automatic data entry support for areas such as address completion, email address and mobile number verification –designed to make the application as seamless and as accurate as possible.

After approval, how long will my loan take to be paid out?

Once you have received the good news that your loan has been approved, we will ask you to review and sign your loan contract with us. We'll send you a link to complete this in minutes online. As soon as this has been signed, you should expect payment to be made directly to your bank account (in the case of personal loans) in 60 seconds2!

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'.