Australia's Money Matchmaker® - Loan Matchmaking
Compare the cheapest personal loan rates in 60 seconds
Using technology Money Matchmaker® matches you to the lowest rates you qualify for from a pool of top lenders. So you can find the one.
Money Matchmaker® promises
1
Real rates, not click bait
Compare only loan rates that you qualify for with your answers matched to lender rules.
2
You're in control
See all your options. Get the facts. Choose the loan that works best for you.
3
Save time
All the research, analysis and shopping around with lenders is compiled for you.
4
100% free
No broker fees, ads, sponsored rates. Lenders get charged for the service if you take a loan.
5
No risk
Matching doesn't impact your credit score, at all. And there are no phone calls.
6
Facts checked
Using industry leading credit score and bank statement services to accurately match you.
How Money Matchmaker® works
Give Money Matchmaker® a try
GET MATCHEDMoney Matchmaker®'s different
Money Matchmaker® works with you and for you.
- Rate comparison sites only show you low risk rates hardly anyone qualifies for. Money Matchmaker® only shows you pre-qualified rates that match your answers.
- A broker can add up to $1000 to your loan for their service. Money Matchmaker® charges the lender only.
- Applying for rates with each lender can affect your credit score. Money Matchmaker®'s credit check leaves your score intact.
Meet your potential personal loan matches
- No Early Repayment Fees
- No Monthly Fees
- Get Funds 24 Hours From Approval
- No extra repayment or early exit fees
- Funding approved in 24 hours
- Up to $75,000 loan amount
- No ongoing fees
- No monthly fees
- No Deposit Required
- Get a guaranteed, personalised rate in 2 minutes
- Apply online in under 10 minutes
- Weekly and fortnightly repayments
- Build your credit score by making timely repayments
- Once approved, loans are funded in minutes
- Flexible repayments; weekly, fortnightly, monthly options
- Same day decisioning
- No admin, early repayment or "risk" fees
- Support from real people
- Pay your loan out early with no fees
- Change payment dates and frequency at any time
- Make extra repayments at any time
- Apply in under 8 minutes
- Once approved, cash transferred in 60 seconds
- No early termination fees
Get matched in 60 seconds
GET MATCHEDWhat's the cheapest personal loan?
Written by
Shaun McGowanReducing the amount of interest you pay is one of the easiest ways to get a cheaper personal loan, and there are a few other ways to reduce the total cost of your loan and your total amount of debt.
Here are 3 simple things you can do to make it happen
Choose a shorter term
The shorter your loan term is, the less interest you’ll pay. Choosing the shortest term possible which you can afford to meet repayments on will help reduce the total number of payments, and the total amount of interest charges.
Make extra repayments as soon as possible
Your regular loan repayments cover both the principal amount and the interest charges. At the start of your loan, your payments will mostly cover interest charges, while at the end of your loan, you’ll mostly be reducing your principal amount.
Extra repayments only reduce the principal balance. The sooner you can make extra repayments on your loan, the more you can save on interest charges - just make sure you can make extra repayments without incurring additional fees!
Secure a low-fee or no-fee loan
Paying fewer - or lower - personal loan fees can free up cash to make extra repayments. Look closely at all personal loan fees such as late-payment fees, extra payment fees, or early break fees.
Comparing loans
The best way to find the right loan for your goals is to shop around and compare loans. This can be hard and time consuming, and time is money. We recommend using our Money Matchmaker ™ engine which will check against 11 lenders in 60 seconds.
Choosing a personal loan is easy
Choosing the right loan for your unique circumstances can be more complicated. Getting a personal loan that isn’t right will mean paying more money over time than you need to.
For example, if you wish to purchase a car, you might want to see if you qualify for a secured car loan, not a personal loan that you will use to buy a car. While they may sound like very much the same product, they are not:
- A secured car loan uses the entire loan amount to finance the vehicle and uses the vehicle as security on the loan amount.
- A personal loan provides funds for you to use for any purpose - such as buying a vehicle or consolidating debt - it does not require collateral.
You can still buy a car using either, but a personal loan may cost you much more if you are only buying a car.
The right personal loan can save you $1,000s
FIND YOUR CAR LOANWant to know more about Personal Loans?
About the Author
Shaun
McGowan
Shaun McGowan
Shaun is the founder of Money.com.au and is determined to help people pay as little as possible for financial products. Through education and building world class technology. Previously Shaun co-founded CarLoans.com.au and Lend.
*Information about comparison rates Comparison rates are designed to allow borrowers to understand the true cost of a loan by taking into account fees and charges, the loan amount and the term of the loan. The comparison rate is based on an unsecured fixed rate personal loan of $10,000 over 3 years. WARNING: Comparison rates are true only for the examples provided and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.
