Personal loans with Fair Go finance

Read our Personal Loan FAQ

A personal loan is a loan that resolves a personal need.

Fair Go Finance provides the following personal loans:

What is the Personal Loan process?

  • Easy application and fast loan process.
  • Clear instructions on what documents to send.
  • Fast transfer of funds upon final approval.
  • The repayments are fixed for the entire loan so you can budget each month.
  • There are no hidden costs and no early payout fees.
  • When you return to Fair Go Finance your loyalty is rewarded with an express service along with our Mates Rates benefits.

A Personal Loan with Fair Go Finance

Applying for and being assessed for a loan

It is important you apply for a loan that meets your requirements and is appropriate for your situation. All applications are subject to approval and will be assessed separately.  The loan amount and loan term offered will be determined by our lending criteria and your credit history.

Fair Go Finance provides the following loans

Small-Medium Personal Loans from $500 to $5,000

A Fair Go Finance loan is a fixed personal loan that can be used for a variety of personal needs. All of these loans have a fixed repayment amount and can be paid either weekly, fortnightly or monthly, depending on what the borrower prefers. It has a monthly fee and no early repayment fee, so can be repaid early. Other changes can be made during the loan, for a specified fee.

Larger Personal Loans from $5,001 to $10,000

For any personal loan over $10,000, our broking team assists with submitting a loan application to an appropriate lender on our panel. These loans can be applied for in our Large Loans section.

Loan repayments

Your loan repayment amount will be confirmed as part of the credit assessment process and a repayment schedule confirming these payments and due dates will be provided to you.

You can change your repayment amount prior to funding or during the term of the loan.

Changing the loan repayment for a Fair Go Finance personal loan

Should your situation change throughout the life of the loan you may increase or decrease your repayments. For example:

You can increase repayments or pay out the balance with a lump sum during the loan (e.g. if you get a tax refund) at anytime. You will only be obliged to pay the balance owing under the contract, without incurring any early discharge or repayment fee for repaying early.

If your financial situation changes (e.g. you move and the rent goes up or you lose your job) and you find that you need to temporarily or permanently decrease repayments, then please call us immediately to update your situation.  We will help you manage your repayments so you can try to keep control of your credit history. A $35 variation fee will be payable each time this is requested.

How much will my loan cost me?

Consider the total cost of credit.

In addition to making sure the repayments are affordable, applicants should understand the total cost prior to taking a loan.

The total cost of credit is the combination of the interest rate, establishment fee and other ascertainable fees. Like most loans, the total cost is not just the stated interest rate but includes the stated interest rate plus any compulsory fees.

Due to the range of personal loan sizes offered by Fair Go Finance, the loan establishment fee and interest rate varies depending on the loan amount you may be approved for. A Credit Consultant will discuss this prior to the loan being funded.

If you are unsure about the total cost of credit please discuss this with your Credit Consultant.

Why would I pay off my loan early?

Save On Interest

With a Fair Go Finance loan, you only have to repay the interest charged on your loan up until the day you pay it out. We don’t try and recoup the interest so you save yourself money.

Establish A Good Repayment History

The ability to maintain regular, reliable repayments is critical to establishing a positive credit history with Fair Go Finance and other creditors. Showing that you can sustain a certain repayment amount each week, fortnight or month will be interpreted positively by Fair Go Finance.

Ability To Access Credit Again Sooner

Customers that have repaid a loan and demonstrated the ability to maintain regular, reliable repayments will be in a position to apply for a new loan with Fair Go Finance in the future if required. This credit history is a critical aspect of any future credit applications.

Why would I extend my repayments?

The longer a loan runs, the more interest you will pay. We encourage all our customers to call us if their situation changes during the life of the loan so the repayments can be adjusted if appropriate. It is important customers are aware that if their loan is extended over a longer time, they will pay more interest.

What can I use a personal loan for?

A Fair Go Finance personal loan can be used for any personal purpose such as:

  • Consolidating Debts
  • Paying Bills
  • Buying A Car/Motorbike/Caravan/Boat
  • Rental Bonds/ Relocation Costs
  • Holiday/Wedding/Education Expenses
  • Pet Expenses

At Fair Go Finance we understand that many things can happen by surprise or need to happen quickly, so we have a range of personal loans available that you can choose from.

How easy is the application process?

  • We have helped thousands of Australians across the country and our process is simple:
  • The loan application takes as little as 5 minutes.
  • You are notified of your pre-assessment outcome as soon as you complete the application.
  • If successful, provide your supporting documents and the funds will be transferred to your bank account the same day as you receive formal approval.

Are you ready to Go Forward With Us?

Are you eligible to apply?

  • I’m 18 years or older
  • I’m employed (not self-employed)
  • I’m paid $500 or more a week into my bank account
  • My income is not solely from Centrelink
  • I’ve not entered into bankruptcy or part 9 agreement within the last 12 months


It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

Check your options before you borrow:
For more information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor.

Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan.
If you are on government benefits, ask if you can receive an advance from Centrelink.

The Australian Government’s MoneySmart Website shows you how small amount loans work and suggests other options that may help you.

* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.