Commbank Personal Loan

Save 2.50% p.a. on an Unsecured Fixed Rate Commbank Personal Loan when you apply and fund. APPLY NOW

How do I qualify for a personal loan?

If you’re interested in borrowing a personal loan, here are seven steps to take to help get your application approved.

  1. Check your credit score.
  2. Order a copy of your credit report.
  3. Pay your bills on time.
  4. Pay down your debt.
  5. Show you have a stable income.
  6. Submit a joint application with a creditworthy cosigner.

Choose a Commbank Personal Loan

Fixed Rate Loan

  • Stay in control with a fixed interest rate and repayments for the term of the loan
  • Make up to $1,000 in extra repayments per year without a fee
  • Borrow from $4,000 to $50,000

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Variable Rate Loan

  • Flexibility to make extra repayments without a fee
  • Redraw available funds through your redraw facility
  • Borrow from $4,000 to $50,000

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Secured Car Loan

  • Pay a lower interest rate by using your car as security for a secured personal loan
  • Stay in control with a fixed interest rate and repayments for the term of the loan
  • Make up to $1,000 in extra repayments per year without a fee
  • Borrow from $10,000 to $100,000

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