Want a secured loan with a sense of security?
Take out a secured loan against a car, boat, caravan or any asset. We’ve got your back.
- Easy. Apply for up to $10,000 online.
- Quick. Get a conditional answer in minutes.
- Personal. Personalised rates. Lower costs.
How it works
With no early payout fees, our short term loans are perfect if you need a quick cash stopgap. And because our low interest rates are personalised, they’re highly competitive, whatever your credit rating.
Apply in Minutes
Choose your $500-$10,000 loan and apply online.
Get a Decision
We'll contact you, verify your details and give you an answer.
Receive your funds
Sign your contract and receive your funds overnight.
How can we help you?
Below you’ll find answers to the most frequently asked secured loan questions
Our secured loans are loans where you offer a registered asset – usually the asset you’re buying – as security or collateral for your loan. For instance, you might take out a secured loan against a car, using the car you’re purchasing as security.
Secured loans aren’t limited to car purchases though. With a secured loan, you can borrow up to 100% of the purchase price of almost any asset, whether you’re buying through a dealer or privately. Our customers take out secured loans for cars, caravans, motorbikes, boats and more.
The important thing to remember with secured loans is that if you default (fail to make your repayments), you will lose the asset you used as security or collateral.
Secured loans generally enable you to secure better interest rates or repayment terms because the asset you’re using as collateral (say, the car you’re buying and using as security) can be used to pay off your loan if you default (fail to make your repayments).
If you’re unsure whether a secured loan or an unsecured loan is right for you, contact our team on 1300 FAIR GO or via live chat. We’re here to help you get the cash you need and minimise your borrowing costs. That’s what it’s all about for us – helping you get a fair deal and get ahead.
Not necessarily. Secured loans can be useful for people with bad credit scores and help you get a loan – or better loan rates or terms – if you have a bad credit history. But often, the choice of taking out a secured loan rather than an unsecured loan is a personal one.
If you have a bad credit score or are concerned your credit history will prevent you from taking out a loan, find out more about our bad credit loans or talk to our team on 1300 FAIR GO or via live chat. It may be that a secured loan is your best option, but we’ll be able to advise you on the best way to get the cash you need to get on with life and get your credit history back on track.
Our customers across Australia take out secured loans to buy cars, motorbikes, boats, caravans and much more.
With a secured loan, you can borrow $2,250 to $10,000, using a registered asset – usually the asset you’re buying – as security or collateral for your loan. For example, if you’re taking out a loan against a car, you could use the car as security or collateral for the loan.
All of our secured loans have fixed interest rates, so you know in advance what your repayments will be. No nasty surprises. No hidden charges.
Repayment terms on our secured loans vary from six months to 36 months. We personalise our rates and terms to maximise your borrowing power and minimise your borrowing costs.
This clarity and flexibility is all part of our commitment as a responsible lender. We’ll never lend you more than you can afford. We’ll always be open and transparent about our rates and fees. And we’ll go the extra mile to ensure you get a fair go. We’re here to help you get ahead.
No, you can pay off your secured loan at any time without being penalised.
At Fair Go, you only pay interest until the day you fully repay the loan, so if you pay your secured loan off early, you save money.
Whether you want to take out a secured car loan (using the car as security or collateral for the loan) or a motorbike, boat, caravan or another asset, you’ll need to be at least 18 years of age and a permanent Australian resident, with regular paid employment.
If you’re worried that your bad credit rating will prevent you from taking out a loan, we provide secured loans for customers with bad credit scores all the time. In fact, secured loans are often a great way to repair a bad credit history. Read more about our bad credit loans.
Applying for a secured loan is quick, easy and 100% online. Whether you want to take out a secured loan against a car, motorbike, boat, caravan or another asset that you’d like to buy and use as security or collateral, you can apply in minutes and get a conditional decision in minutes.
- Apply online in minutes. Complete the application for your secured loan using our secure application. You can also track the progress of your application using our customer portal.
- Get a conditional decision. Use our free and secure bank statement service to fast-track the next stage of your application. If your application receives conditional approval, you can accept our preliminary offer via SMS.
- Receive your funds. If your secured loan receives formal approval, we’ll transfer the cash into your account fast, usually overnight. It’s as quick and easy as that.
Apply for your secured personal loan today or call our team on 1300 FAIR GO or contact us online via live chat if you have any questions.
Secured loans with a sense of extra security and responsibility.
Maybe you want to take out a secured loan against a car, using the car as security. Or against a motorbike, boat, caravan or another asset you can use as collateral. Or perhaps you want to use an asset you already own as security for a loan to buy something else entirely. Whatever you’re buying, we can help you get a secured loan with something extra – peace of mind.
As one of Australia’s largest non-bank loan providers and a responsible lender, we’ve used all our team’s finance and tech smarts to make taking out secured loans fast, easy and secure. And we mean bank-secure, with online applications that avoid unnecessary paperwork and delays.
Our streamlined process enables us to assess your online application and personalise our rates and terms to minimise your borrowing costs, quickly and responsibly. And when you come back for your next loan, as our customers do, we’ll reward you with even better rates and discounted fees.
Small Amount Loans
Loan Amounts
$500 – $2,000
Average Term
5 Months
Typical Establishment Fee
10% – 20%
Monthly Fee
2% – 4% of Principal
Interest Rate Per Annum
0%
Comparison Rate
N/A
$500 repayment example
Average Term
3 – 6 months
Repayment Per Week*
$24 up to $52
Establishment Fee
$50 – $100
Monthly Fee
$10 – $20
Interest Rate Per Annum
0%
Comparison Rate
N/A
Medium Amount Loans
Loan Amounts
$2,250 – $5,000
Average Term
8 Months
Typical Establishment Fee
$360 – $695
Monthly Fee
$5
Interest Rate Per Annum
17.9% – 29.9%
Comparison Rate
36.64% – 53.12%
$2250 repayment example
Average Term
3 – 18 months
Repayment Per Week*
$39 up to $220
Establishment Fee
$360 – $460
Monthly Fee
$5
Interest Rate Per Annum
17.9% – 29.9%
Comparison Rate
36.64% – 53.12%
*Repayments per week depend on affordability.
Minimum loan term 3 months. Maximum loan term 12 months. For our loans of $500 to $2,000 an APR (Annual Percentage Rate) does not apply. For loans above this amount maximum APR is 48%.
Start your secured loan application.
Whatever you need your loan for, you can apply for a secured loan online in minutes, and we’ll give you a decision and conditional approval in a matter of hours. You can even apply for a secured loan online with bad credit.
Apply Now!
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
WARNING - DO YOU REALLY NEED A LOAN TODAY?*
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.
https://www.humanservices.gov.au/individuals/online-help/centrelink/apply-advance-payment-your-centrelink-online-account
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.