Personal Loan BrokersLet us find you a low rate and flexible unsecured personal loan today!
Take control of your next step with a flexible personal loan that puts you in charge. From holidays to home repairs, our personal loan brokers can help.
Personal loans can be used for just about anything. You decide on the amount that you require and can afford to borrow, the lender provides you with the cash, and you spend it. All you need to do is make sure that you keep up with the agreed upon payments.
Simple as that!
what can it be used for
There’s so many ways a personal loan can be used:
- Debt consolidation
- Wedding
- Holiday
- School fees
- Medical bills
- Moving
- Renovating
- Fitting out the home
Personal loan broker Brisbane:Loan Types
Secured loans
A secured loan is a loan that uses an item of value as security. The lender can repossess the item if you fail to keep up with repayments, which means they can offer lower interest than unsecured loans.
Unsecured loans
Unsecured loans are a great option for those looking for more flexibility with their loan, and who don’t wish to provide collateral if they’re unable to make repayments. However, these types of personal loans typically come with a higher interest rate, as lack of collateral is considered a risky loan.
Fixed loans
Fixed loans are perfect for people who want to know exactly how much they need to pay, as the loan interest rate is fixed. This allows you to budget but means that your interest rates may be higher than average when the market fluctuates. However, many people prefer the stability of having a fixed term rate, as they can easily forecast repayments.
Variable loans
Variable loan interest rates are subject to change if the market does, which means you could end up paying low-interest rates at one point and high at another. This can make it hard to budget if you need to know exactly how much to set aside for each payment. But many people choose this type of personal loan as it offers much more flexibility than a fixed term, including the option to make extra payments – meaning you can potentially pay off your mortgage quicker.
Looking for the best in personal finance Brisbane and beyond?
Our personal loan finance brokers work with a wide range of lenders, meaning we have access to some of the best interest rates on the market. If you’d like to apply for a personal loan, we can help you with the entire application process. Apply today for personal finance Brisbane wide by calling 1300 538 346 or by filling out an online application and we’ll be in touch with you shortly.
Personal loan finance brokers FAQs:
Do Brokers Do Personal Loans?
Yes, at Jet Team Finance, our personal loan brokers regularly work with people looking for personal loans, whether it’s for a new boat, a holiday or renovating a home.
Are Loan Brokers Worth It?
When you apply for a loan with a broker, you’re working with someone whose job is to get you the best deal. Personal loan brokers have access to a wide range of lenders, which vastly improves your chances of getting a competitive interest rate. Though applying for a mortgage through your bank may appear more convenient, banks can leverage that convenience to lowball clients with a high-interest rate. Personal finance and car finance brokers not only help to find you the best deal but will also help you with applications.
What Kind of Finance is the Best Choice for a Personal Loan?
There is no one right kind of finance, as clients have different circumstances that need to be taken into consideration. If you’re unsure what kind of personal loan is best for you, our personal loan brokers would be more than happy to provide tailored advice.