Personal loans whose lenders say they can be used to roll credit cards and other debts into one repayment. Compare them from 5.80% to 24.09%This is our lowest starting rate for these products. Other factors may change rates once you filter your results. See sorting and ranking for more info. (5.80% to 25.16% comparison rate*) p.a. with Plenti's Plenti Personal Loan, and check the comparison rate against what your current debts cost before you switch.
Rates checked against every provider’s own published dataWe show all of the product information we are able to access. For banking products that is each provider’s public Consumer Data Right (CDR) Product Reference Data endpoints, published under the Consumer Data Standards (CDS) maintained by the Data Standards Body. Where a provider does not publish a field, or a row is an editorial selection, we say so. on 19 Oct 2026
Borrowing $20,000 over 5 years at the lowest advertised shown:
Monthly repayment from
$385/mo
Total repaid
$23,088
Total interest
$3,088
Estimate only, based on the lowest advertised interest rate shown and assuming equal monthly repayments. That loan is priced on a range, so this uses the lowest rate in its range. Actual repayments depend on your rate, fees and loan terms.
Product
Actions
Plenti
Advertised rate5.80% to 24.09%
Comparison rate5.80% to 25.16%
Monthly repayment$385/moAt the lowest rate in the range
A loan that allows individuals to borrow funds for personal expenses such as home improvements, car… purchases, debt consolidation and more. The information set out below relates to an application…
NOW Finance
Advertised rate5.95% to 16.25%
Comparison rate5.95% to 16.25%
Monthly repayment$386/moAt the lowest rate in the range
A secured personal loan offering the most competitive rates with loan amounts from $15,000 to… $100,000 over terms of 18 months to 7 years. Secured by bill of sale on eligible assets including…
NOW Finance
Advertised rate5.95% to 18.15%
Comparison rate5.95% to 18.15%
Monthly repayment$386/moAt the lowest rate in the range
A unsecured personal loan with no fees, competitive rates and loan amounts from $5,000 to $50,000… over terms of 18 months to 7 years. No security required.
MoneyMe
Advertised rate6.24% to 26.35%
Comparison rate6.95% to 27.74%
Monthly repayment$389/moAt the lowest rate in the range
Unsecured variable-rate personal loan from $5,000 to $70,000 over 3 to 7 years, applied for… directly with MoneyMe. Rates are personalised to your Equifax OneScore credit band, residential status and…
Australian Mutual Bank
Advertised rate6.99%
Comparison rate7.20%
Monthly repayment$396/mo
FixedPrincipal & interest
Any acceptable purpose excluding lending for business purposes.
Firefighters Mutual Bank
Advertised rate6.99%
Comparison rate7.20%
Monthly repayment$396/mo
FixedPrincipal & interest
Our Fixed Rate All Purpose Personal Loan allows you to lock in your interest rate and repayments… for a fixed period.
Health Professionals Bank
Advertised rate6.99%
Comparison rate7.20%
Monthly repayment$396/mo
FixedPrincipal & interest
Our Fixed Rate All Purpose Personal Loan allows you to lock in your interest rate and repayments… for a fixed period.
Police Bank
Advertised rate6.99% to 7.99%
Comparison rate6.30% to 7.20%
Monthly repayment$396/moAt the lowest rate in the range
Students onlyFixedPrincipal & interest
This product is for Academy students who are re at the Tasmania Rokeby Academy, or at session 2 of… the NSW Goulburn Academy, or have graduated from either Academy within the last 6 months and who are…
Teachers Mutual Bank
Advertised rate6.99%
Comparison rate7.20%
Monthly repayment$396/mo
FixedPrincipal & interest
Our Fixed Rate All Purpose Personal Loan allows you to lock in your interest rate and repayments… for a fixed period.
UniBank
Advertised rate6.99%
Comparison rate7.20%
Monthly repayment$396/mo
FixedPrincipal & interest
Our Fixed Rate All Purpose Personal Loan allows you to lock in your interest rate and repayments… for a fixed period.
Bank of Melbourne
Advertised rate7.00% to 21.99%
Comparison rate8.41% to 23.28%
Monthly repayment$396/moAt the lowest rate in the range
Whether you're looking to buy a new car, take a holiday, renovate your home or you want to… consolidate debt, we could help you with an ANZ Variable Rate Personal Loan
NAB
Advertised rate7.50% to 22.00%
Comparison rate8.41% to 22.29%
Monthly repayment$401/moAt the lowest rate in the range
With our unsecured personal loans, you can buy a new car, travel overseas, renovate your home…, consolidate your debts and more.
Unity Bank
Advertised rate7.99%
Comparison rate8.00%
Monthly repayment$405/mo
VariablePrincipal & interestFeatures: ✓
Our Fair Rate Personal Loan can help to fund or partially fund holidays and travel, renovations…, wedding plans and debt consolidation. The rate is guided by your credit worthiness and borrowing histor
People First and Heritage Bank
Advertised rate8.99%
Comparison rate9.35%
Monthly repayment$415/mo
FixedPrincipal & interestFeatures: ✓
A flexible loan that can be used for holidays, renovations, debt consolidation or a new toy to play… with.
People First and Heritage Bank
Advertised rate8.99%
Comparison rate10.73%
Monthly repayment$415/mo
UnsecuredFixedPrincipal & interestFeatures: ✓
Our Unsecured Personal Loan offers a fixed rate for the life of your loan, flexible repayments…, competitive interest rates and the freedom of an unsecured loan option. You can use our personal loan…
When you need a personal loan to make your world a better place, we offer a few that could be just… what you're looking for. Holidays, debt consolidation, cars and more.
Central West Credit Union
Advertised rate9.50%
Comparison rate10.52%
Monthly repayment$420/mo
VariablePrincipal & interest
Whether you're looking to take a holiday, renovate your home or you want to consolidate debt, we… could help you with a CWCU Variable Rate Personal Loan
What Interest Are You Paying On Your Credit Card Or Other Personal Loans? Not Pretty Is It? Apply For A Broken Hill Bank Credit Crusher And Consolidate Your Debts Into One Easy To Manage Loan…
Horizon Bank
Advertised rate9.99%
Comparison rate10.13%
Monthly repayment$425/mo
VariablePrincipal & interestFeatures: ✓
Use Budget Personal Loan to consolidate debt, purchase new appliances, go on holidays or achieve… another financial goal. Benefit from competitive variable interest rates, flexible repayment & more
Police Bank
Advertised rate9.99%
Comparison rate10.13%
Monthly repayment$425/mo
VariablePrincipal & interestFeatures: ✓
Borrow for any worthwhile purpose from the latest in big ticket electronics, white goods and… household items to holidays, cars, boats and bikes. You can also refinance or consolidate your loans from…
Unity Bank
Advertised rate9.99%
Comparison rate10.00%
Monthly repayment$425/mo
VariablePrincipal & interestFeatures: ✓
Our Fair Rate Personal Loan can help fund or partially fund holidays and travel, renovations…, wedding plans and debt consolidation. The rate is guided by your credit worthiness and borrowing history.
Whether you're looking to take a holiday, renovate your home or you want to consolidate debt, we… could help you with a CWCU Variable Rate Personal Loan
Unity Bank
Advertised rate10.99%
Comparison rate11.00%
Monthly repayment$435/mo
VariablePrincipal & interestFeatures: ✓
Our Fair Rate Personal Loan can help fund or partially fund holidays and travel, renovations…, wedding plans and debt consolidation. The rate is guided by your credit worthiness and borrowing history.
Australian Mutual Bank
Advertised rate11.99%
Comparison rate12.14%
Monthly repayment$445/mo
VariablePrincipal & interestFeatures: ✓
Any acceptable purpose excluding lending for business purposes.
Firefighters Mutual Bank
Advertised rate11.99%
Comparison rate12.14%
Monthly repayment$445/mo
VariablePrincipal & interestFeatures: ✓
Pay for your holiday, wedding or get your debt (up to $50K) under control with a personal loan.
Health Professionals Bank
Advertised rate11.99%
Comparison rate12.14%
Monthly repayment$445/mo
VariablePrincipal & interestFeatures: ✓
Pay for your holiday, wedding or get your debt (up to $50K) under control with a personal loan.
Teachers Mutual Bank
Advertised rate11.99%
Comparison rate12.14%
Monthly repayment$445/mo
VariablePrincipal & interestFeatures: ✓
Pay for your holiday, wedding or get your debt (up to $50K) under control with a personal loan.
UniBank
Advertised rate11.99%
Comparison rate12.14%
Monthly repayment$445/mo
VariablePrincipal & interestFeatures: ✓
Pay for your holiday, wedding or get your debt (up to $50K) under control with a personal loan.
Northern Inland Credit Union
Advertised rate12.49%
Comparison rate15.58%
Monthly repayment$450/mo
UnsecuredFixedPrincipal & interestFeatures: ✓
Achieve your personal goals with an unsecured fixed loan for up to 5 years - consolidate debts…, home renovations, dream holiday or investment venture, education, wedding or household goods.
RACQ Bank
Advertised rate12.99%
Comparison rate13.17%
Monthly repayment$455/mo
VariablePrincipal & interest
We can consolidate your debt into one, easy to manage unsecured debt consolidation loan.
Unity Bank
Advertised rate12.99%
Comparison rate13.01%
Monthly repayment$455/mo
VariablePrincipal & interestFeatures: ✓
Our Fair Rate Personal Loan can help fund or partially fund holidays and travel, renovations…, wedding plans and debt consolidation. The rate is guided by your credit worthiness and borrowing history.
Defence Bank
Advertised rate13.99%
Comparison rate14.93%
Monthly repayment$465/mo
VariablePrincipal & interest
With no fees for extra repayments or early payouts as well as an easy online application process…, our consolidation loan can get you back on track faster.
Unity Bank
Advertised rate16.99%
Comparison rate17.01%
Monthly repayment$497/mo
VariablePrincipal & interestFeatures: ✓
Our Fair Rate Personal Loan can help fund or partially fund holidays and travel, renovations…, wedding plans and debt consolidation. The rate is guided by your credit worthiness and borrowing history.
Rates and fees are sourced from each provider’s CDR Product Reference Data where the provider publishes it.
Comparison rate warning and base criteria
Base criteria: repayment figures shown in this table are calculated on a loan of $20,000 over 5 years. Repayment estimates use each loan’s advertised interest rate, with the comparison rate shown beside it as a guide to total cost. Where a lender publishes a range of rates, the estimate uses the lowest rate in the range, and the rate you are offered depends on your circumstances. These figures are examples only. They are not a quote, and they may not include all fees and charges.
*Warning: the comparison rate shown is calculated by the lender on its own standard example, usually a $30,000 loan over 5 years. This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
About this table: we publish this table so you can research credit products, by bringing together in one place the banking data lenders publish under the Consumer Data Right. Using that data, we have tried to show products that match this table’s title. This table does not compare all products, and there may be products with a lower rate in the market that are not shown here. Do your own research to find a product that suits your needs and financial goals. See how we choose products for tables like this.
Products are selected for relevance to the table and to the filters applied. They are not suggestions or recommendations, and the order they appear in is not a ranking of suitability.
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Rates, fees and charges are subject to change without notice. Before acting on any information shown here, you should confirm the rates, fees, charges and product information with the provider. For clarity, where we have used the terms “lowest” or “best”, these relate solely to the rates of interest offered by the provider and not to any other factor. The application of these terms to a particular product is subject to change without notice if the provider changes their rates.
This table does not compare every feature that may be relevant to you. Changing the filters will surface further relevant products. See how we sort and rank products and how we make money.
This information is general in nature. It does not take into account your objectives, financial situation or needs, and it is not a recommendation to apply for or hold any particular product. You should read the provider’s Key Facts Sheet, Target Market Determination and credit contract terms before deciding. CompareThat compares products. We do not arrange, approve or process applications.
What is debt consolidation?
Debt consolidation rolls several balances (credit cards, store cards, other personal loans) into a single loan with one repayment and, ideally, a lower rate. The appeal is simplicity and potentially less interest; the risk is stretching the debt over a longer term and paying more in the end, or running the cards back up once they're clear.
When it helps
Consolidation tends to help when the new loan's rate is meaningfully lower than what you're paying now, when juggling several due dates is causing missed payments, and when you can avoid re-using the accounts you've paid off. Whether it leaves you better off comes down to the numbers and your habits, not the pitch.
How they compare
The comparison rate against the blended cost of the current debts is the first test, and the term is the second. A lower repayment over a longer term can still mean more total interest. Establishment fees on the new loan and any early-exit fees on the debts being paid out add to the cost. Loans can be compared side by side.
CompareThat is a comparison service, not a lender or broker. We show the products and let you decide. We don't include every provider in the market, and each lender's own terms are the final word. Browse the full personal loans range or compare loans side by side.
Expert view
“Consolidation isn't automatically cheaper. It only wins if the new rate beats your current blended cost and you don't stretch the term out for years. Both numbers decide it, and paid-off cards left open are how the debt comes back.”
JP
Jordan Pearce
Senior finance writer, CompareThat
Glossary
The key terms you’ll meet when comparing these products, reading product disclosures or talking to a provider.
Term
What it means
Comparison rate
A single rate that folds the advertised interest rate together with most standard fees, so loans can be weighed on a like-for-like basis rather than headline rate alone.
Loan term
The length of time you have to repay the loan. A longer term lowers repayments but usually increases total interest paid.
Establishment fee
A one-off fee charged to set up the loan, sometimes called an application or upfront fee.
Early repayment / exit fee
A charge some lenders apply for paying a loan out ahead of schedule, more common on fixed-rate loans.
Unsecured loan
A loan with no asset pledged as security. No specific asset can be repossessed, though the lender can still pursue you for the debt, and rates are generally higher because the lender carries more risk.
Secured loan
A loan backed by an asset (often the car or item you are buying). The security usually means a lower rate, but the lender can repossess the asset if you fall behind.
Principal and interest
A repayment that pays down both the amount borrowed (principal) and the interest, reducing the balance over time.
Credit score
A number lenders use to gauge how you have handled credit in the past. A higher score generally means access to sharper rates.
Common questions
Will consolidating my debts save me money?+
Only if the new loan’s rate and fees beat the blended cost of your current debts, and you don’t stretch the term so far that total interest rises. Comparing the numbers shows whether it pays off.
Does a longer term cost more?+
It can. A longer term lowers the monthly repayment but usually increases the total interest paid. The trade is cash-flow relief against total cost.
Can I consolidate credit card and personal loan debt together?+
Generally yes, that’s the typical use case. The loan amount has to cover what is owed, and the debts being cleared can carry payout fees.
Will consolidation hurt my credit score?+
A new application records an enquiry, and closing accounts can shift your profile, but consistent on-time repayments on the new loan can help over time.
What's the catch?+
The main trap is paying off cards then running them up again, leaving you with the new loan plus fresh card debt. Consolidation only reduces debt when no new debt is added.
The Numbers Behind This Market
What this market is paying or charging on average right now, and the official figures behind it.
We are not a lender, broker or bank. Product data comes straight from each provider’s own Consumer Data Right feed (Australia’s official open banking system) and is refreshed daily, so what you see reflects published rates and fees, not a sales pitch.
✓Not a credit provider: we do not lend, arrange loans or take applications.
✓Sourced from each provider’s CDR Product Reference Data, refreshed daily.
✓Payment can change where a product appears, never which products we show.
✓General information, not credit advice. CompareThat compares; it does not recommend.
Rates and fees are sourced from each provider’s CDR Product Reference Data as of the date shown. They are general information only. Not credit advice. CompareThat is not a credit provider. Payment can change where a product appears, never which products we show.
