Personal loans Melbourne
Personal finance
Personal loan broker in Melbourne's west
A personal loan is a lump sum you borrow for a set purpose, such as a car, renovation or consolidating debt, and repay in regular instalments over a fixed term, typically 1-7 years. It can suit borrowers who want predictable repayments they can comfortably afford. As a personal loan broker working with borrowers across Melbourne's west, we compare options across our 70+ lender panel. Juggling several debts? See our debt consolidation loans.
Whether you're consolidating debt, renovating your home, or planning a dream wedding or holiday, we'll help you compare personal loans with competitive rates and terms that match your circumstances.
Book a consultationHow to get a personal loan
At Attain Loans, we work with a wide panel of lenders to help you find the right personal loan for your situation. Our service is typically at no cost to you as we're paid by the lender. We'll disclose this commission before you proceed.
1
Getting to know you
We're flexible to fit in with you. We can do face to face, phone, or video call meetings. We're flexible on times and can do after hours and weekend meetings by request.
2
Understanding your needs
We begin with a detailed discussion about your borrowing requirements and circumstances. How much do you need to borrow? What's the purpose of your loan? What's your ideal repayment range?
3
Financial assessment
We'll review your financial position to determine your borrowing capacity. This includes looking at your income, expenses, and existing commitments to ensure your new loan will be comfortable and sustainable.
4
Loan comparison
Based on your circumstances, we'll compare loans from our panel of lenders. We consider interest rates, fees, loan features, and flexibility for extra repayments. We'll help you choose the option that best suits your needs.
5
Application and Settlement
Once you've chosen a loan, we handle all the paperwork and liaise with the lender on your behalf. We'll help you gather the necessary documentation and guide you through the approval process to settlement.
Benefits of a personal loan vs a credit card
A personal loan can help you achieve your financial goals sooner through structured repayments and fixed terms. Unlike credit cards with revolving debt and varying payments, personal loans provide certainty with a clear repayment schedule and end date.
Types of personal loans
Personal loans can be an efficient choice for both planned expenses and unexpected needs.
- Debt consolidation loans
Simplify your finances by combining multiple debts into one manageable loan with a potentially lower interest rate (a longer term can mean paying more interest overall) - Home renovation loans
Transform your living space with a renovation loan. New kitchen, bathroom upgrade, we can help you access the funds you need - Car loans
Finance your new or used vehicle purchase with competitive rates - Travel and holiday loans
Make your dream holiday a reality with a personal loan designed for travel. Borrow only what you can comfortably repay, and consider saving first
Personal loan features
Our role is to understand your needs and match you with a loan that provides the right balance of features, flexibility and cost.
- Borrow from $2,000 to $100,000
- Loan terms from 1-7 years
- Fixed or variable interest rate options
- Secured or unsecured loan choices
- Flexible repayment schedules
- Options for extra repayments
- Redraw facilities available with some loans
Finding the right personal loan in Melbourne
Getting the right personal loan involves more than just finding the lowest interest rate. Some loans offer features like the ability to make extra repayments without penalty, payment holidays during financial hardship, or the flexibility to redraw funds if needed. Our role is to understand your needs and match you with a loan that provides the right balance of features, flexibility and cost.
Questions about personal loans
Get in touch and we will help you with any questions you have about personal loans and advise on the best strategy to suit your situation.
Let us help with your questionsHow much can I borrow with a personal loan?
Your borrowing capacity depends on various factors including your income, expenses, credit score, and existing commitments. As a general guide, most lenders offer personal loans from $2,000 to $100,000.
What's the difference between secured and unsecured personal loans?
Secured loans require an asset as collateral and typically offer lower interest rates. Unsecured loans don't require security but usually have higher rates. The best choice depends on your circumstances and what you're borrowing for.
How does my credit score affect my personal loan application?
Your credit score influences both loan approval and interest rates. A higher score typically means better rates and more options. However, we work with lenders who specialise in different circumstances, including those with less-than-perfect credit, though these loans often come with higher interest rates and fees.
Can I make extra repayments on my personal loan?
Many personal loans allow extra repayments, helping you pay off your loan sooner and save on interest. Some loans may charge fees for early repayment, so we'll help you find one that matches your preferred repayment strategy.
How long does it take to get approved for a personal loan?
Timing depends on the lender's assessment and how complete your documentation is. Some lenders can assess straightforward applications quickly, sometimes within 24 hours, but this isn't guaranteed. Standard applications typically take 2-5 business days from application to settlement. We'll give you a realistic timeline based on your specific situation.
What documents do I need for a personal loan application?
You'll typically need:
- Proof of identity
- Recent payslips or tax returns
- Bank statements
- Details of your assets and liabilities
- Information about the loan purpose
Are there any restrictions on what I can use a personal loan for?
Personal loans can be used for most legal purposes. Common uses include debt consolidation, home improvements, travel, weddings, or unexpected expenses. Some restrictions may apply for business purposes or investments.
How are personal loan interest rates determined?
Interest rates are based on factors including:
- Your credit score
- Income and employment status
- Loan amount and term
- Whether the loan is secured or unsecured
- Current market rates
Can I refinance my existing personal loan?
Refinancing may help you access a more competitive rate or more suitable loan terms, but check for early repayment fees on your current loan and establishment fees on the new one. We can help you compare your current loan with other options to see if refinancing would benefit you.
What happens if I miss a payment?
Missing payments can affect your credit score and may incur late fees. If you're experiencing difficulty, it's important to contact your lender early. We can help you understand your options and communicate with the lender.
Can I use a broker for a personal loan?
Yes. A personal loan broker compares loans from a panel of lenders rather than one bank's products. At Attain we compare options across our 70+ lender panel, looking at interest rates, fees, features and the comparison rate, and we handle the application for you. Using a broker doesn't guarantee approval, as every application is subject to lender assessment, and no panel includes every lender in the market.
Does it cost anything to use a personal loan broker?
Our service is generally at no cost to you because we're paid a commission by the lender. We'll disclose this commission before you proceed. The loan itself still has costs, such as interest and any establishment or ongoing fees. That's why we look at the comparison rate and the total cost of each option, not just the headline interest rate.
Is a personal loan better than a credit card?
A personal loan gives you a fixed repayment schedule and a clear end date, which can make budgeting easier than the revolving balance and varying payments of a credit card. Depending on the lender and your credit profile, the interest rate may also be lower than some credit cards. However, you'll pay interest and fees over the full term, and some loans charge for early repayment. Borrow only what you can comfortably repay.
Your full financial situation and requirements need to be considered prior to any offer and acceptance of a loan product. The information contained in this website is of a general nature and does not take in to account your personal needs and requirements.
Personal loan guides
Why choose Attain for your personal loan?
Our expertise in personal lending means we can evaluate different loan types and lender requirements on your behalf. We look beyond the interest rate to help you find a loan structure that suits your needs and circumstances.
We're family
We are a small family owned, Altona based business that understands your needs at different stages of your life.
We listen
Identifying your goals and finding services and products that meet your needs is our number one job, and we love it!
22 years industry experience
We know the intricacies of the mortgage market and can tailor mortgage solutions for your individual needs.
We have access to the very best lenders
Over 70 of them, including the majors. We're accredited, which means we are fully trained and know all the best options available for you.
Ongoing support
Even when we've found you a great deal we undertake regular reviews to see if we can find you something even better.
We're awesome!
We have an honest, client focused business model and we aim to create long lasting relationships built on trust and respect.
Our happy customers
Financial security gives you choices. It lets you move home, learn new things, travel, or start and grow a business. When you're financially secure, you can focus on what's important. Your family, health, and personal growth.
Owen
Chrystal has been absolutely amazing from start to finish. As a first time home buyer I had little understanding of the whole process and was quite overwhelmed. Chrystal took the time to thoroughly explain all aspects to me and was always available whenever I had any questions and made the whole process much less stressful. I highly recommend her to anyone looking for a mortgage broker.
Danny Simpson
Chrystal was incredible throughout the entire process. She helped me review numerous listings, connected me with a great conveyancer and building inspector, supported me on auction day, and found the best home loan to suit my needs while guiding me through the details. Overall, I highly recommend Attain Loans for going above and beyond!
Macca Playz
Chrystal's outstanding performance throughout the process was truly impressive. Her assistance in reviewing various listings, arranging introductions to a trusted conveyancer and building inspector, providing support, and sourcing a home loan that met my specific needs while offering detailed explanations of the terms, was truly exceptional. I strongly recommend Attain Loans for their outstanding commitment to customer satisfaction and service excellence.
Emma Kirkham
I went to Attain Loans to reduce my mortgage repayments and secure financing for a truck-mounted EWP. Chrystal went above and beyond to ensure I got the best deal possible. She took the stress out of the process and made everything happen smoothly. Thanks to Chrystal, I was able to combine my home and truck loans and even purchase a brand-new car—all while paying much less than I ever imagined. I highly recommend Attain Loans. It’s Chrystal’s personal touch and dedication that make her exceptional at what she does!
Ian Martin
We were introduced to Chrystal and Attain Loans by a mutual colleague and we are very pleased that we were. Chrystal is an absolute finance whizz and a diamond of a lady. She is thorough, professional, patient, 'on your side', and will work her hardest to get the job done for you. We are pleased to have met Chrystal and have her setup our home loan and finances for us, and we will continue to work with Chrystal for any of our finance needs in the future.
Nichie S
Chrystal Evans, Director & Mortgage Broker at Attain was truly a lifesaver. In a stressful time where I needed assistance and some advice, Chrystal was this and more for me. Her knowledge of the banks, packages, fees etc. and advice was excellent, giving me confidence while also making everything really easy. Lastly her follow-up and communications were solid, I would highly recommend Chrystal. Also, after trying to negotiate an interest rate after coming off a fixed rate with my bank, where I was told they couldn't help me and spoke with 3 different people with wait times on the phone, I will not deal with a big bank again and only with Chrystal/Attain.
Cindy Kelly
Chrystal and Attain Loans were instrumental in assisting us to secure our dream home. Chrystal’s professionalism, knowledge and high level skills secured us the best loan for our needs. Chrystal is very thorough and assisted us through the whole process, from finding the best loan to ensuring everything was in line and ready for settlement day. We will definitely utilise Chrystal’s expertise for our next property purchase and highly recommend Chrystal and Attain Loans.
will miller
Chrystal and her team are amazing to deal with extremely helpful and couldn't ask for better service. Chrystal and her team have helped us secure our first home and we have now settled. Chrystal is still working with us through every stage of the project. It's great to know that I had Chrystal on hand anytime I needed direction and advice. Thanks heaps guys from will and Zoe miller
Nikola M.
Chrystal is by far the best broker I’ve met. Not only she found a great rate and conditions, she advised me on how to restructure the loans to get a better return down the road. Definitely recommend her, won’t even think of going elsewhere.
Renee Blake
Chrystal and her team @ Attain Loans are amazing. Chrystal makes the whole process so easy and understandable. She always has her clients needs at the forefront of her mind and does everything possible to help. Not only is she an AMAZING broker with integrity, she is reliable with a client first focus. If I could score her 100 I would. The only broker for me.
Callan Applebee
The best! Highly recommend for those lookong for people that care and honesty in financial requests for mortgae and loan services. From someone who has just begun owning land and building a home, all I can say is that Chrystal and her amazing team have held customers like myself and my wife at the forefront. We are still in the process and this company and its ideals and staff are and continue to be amazing. The trust, confidence and support model they uphold is something that all other institutions should refer to. Thank you Chrystal and your team members for everything thus far. I look forward to our continued relationship and your growth. Thank you.
Vanessa Terekia
I have had the pleasure of working with Chrystal who helped to get my home loan approval. This women went out of her way to help me above and beyond my expectations, I was so ready to give up on a few occasions but she wasn't going to let me and I could not thank her enough for all of her efforts. I am now in my own home thanks to Chrystal and her team, I would always recommend her service, its like no other :).
Skruffy Inc
If it's a no fuss, simple process you're after - then Chrystal is your go to! As a first home buyer I was totally out of my league, everything was foreign. Chrystal quickly established a rapport and from the beginning I felt secure in her expertise and genuine interest to help me realise my goals. Whenever there were things that I wasn't quite sure about, Chrystal jumped in and took the reins without hesitation. When investing in one of the biggest purchases in your lifetime, having someone you trust at the helm is everything! Chrystal is that someone. Her easy going nature coupled with the depth of knowledge, experience and professionalism is second to none! I can't recommend her highly enough. Appreciate your support solution oriented outlook Chrystal. Thank you so much! Whakamānawatia koe, ka tika! Nāku noa Trish Brisbane, QLD
Suzanne McHugh
Chrystal was fantastic, she took the time to help us urgently obtain finance after not getting any help directly from the banks. She was very informative, was able to explain all the details. We would not have been able to have a successful bid without her help.
Luke Applebee
Thanks to the incredibly hard-working team at Attain (Chrystal and Pam) we were able to settle literally days before Christmas last year in our first home. At every step of the home buying journey we were well informed and felt like our interests were always the top priority. It was a stressful time for us to keep up with the paperwork and everything however Attain did a superb job at keeping us on track (and sane). If you have no idea where to begin if you're looking at purchasing a home, I highly recommend giving Attain a call. Excellent customer service and ongoing support. We have recommended Attain to family and friends, too. Absolutely impressive team. Can't thank them enough.
Jessica Joy
I cannot recommend Attain Loan & Mortgage Services enough. As a first home buyer I was nervous with very limited knowledge of how the entire loan process worked. Chrystal made it absolutely seamless and took all of the stress out for me. 12 months on, they assisted me with my first re-finance and again were there for me every step of the way. I couldn't be happier and wouldn't trust anyone else! Thankyou so much! Positive Responsiveness, Quality, Professionalism, Value
Jessica Winter
Chrystal, Pam and the team at Attain loan & morgage services are the best brokers in business. They literally held our hands throughout the whole process of our home loan. And we were not easy customers! They went above and beyond to help us get the best outcome in the process of attaining our first family home. Their attitude, customer service and professionalism was second to none. Couldn't recommend this company more! They literally did all the HARD work for us and made the process stress free :) Thanks Team!! Jessica Winter
Americar Auto
I've been using Attain Loans for years. Each time Chrystal has helped us get the loan through, being a small business can be tricky sometimes but Chrystal never gives up and always gets a result. I would give her a higher score if I could :)
Gary Capeling
My wife and I were in a vendor finance agreement and due to some financial hardship issues brought about by the Covid pandemic not looking like we would ever be able to get ahead. The team at Attain Loans helped steer us in the right direction to be able to finally have a mortgage of our own and also clear up our debts and hopefully repair our credit issues. I would definitely recommend them to anyone looking to just refinance or that is in a similar boat to us! 10 out of 10 for these guys!
Rebecca Smith
Excellent communication throughout entire process. Second time we have obtained finance through Chrystal and would use her again.
Peter Sz
Chrystal and the team from Attain Loan & Mortgage Services, 14 Harrington Square, Altona, VIC, 3018, Were a pleasure to deal with, they provided us with great service and prompt settlement, our circumstances were delicate and they worked though the steps to help us achieve the results desired, We would highly recommend Attain Loan & Mortgage Services for all your home loan needs, Thanks for all your help Peter
Lisa L
I recently bought a new house and usually the process can be quite stressful. Luke made everything run smooth from start to finish and got me a good rate! Highly recommend
Ray Jensen
Got the job done that no one else could!!!!! Very happy customer, thanks for all your all help……