Personal Loans

Are you planning your dream home renovation and need a cash injection? Have you dreamed for years about that holiday trip of a lifetime? Well, you’ve come to the right place – Yes Loans.

As a leading broker in the arranging of personal loans and unsecured personal loans, Yes Loans knows what you want – simple, fast response times for loans that meet your needs. No long, drawn-out processes, no hidden costs or agendas, no waiting in queues.

At Yes Loans, our customers are king and we believe in keeping you in the loop at every step in the personal loan process.

Understanding your personal needs and circumstances are a priority for us, and our finance brokers will guide you with sound solutions that meet your unique financial needs. We don’t offer loans, such as payday loans, that will damage your credit file.

Gone are the days of paying off a personal loan’s interest first, Yes Loans offers our clients the ability to pay both the interest and principal loan amount off at each weekly, fortnightly or monthly repayment.

How do you get an unsecured or secured loan?

We say YES more often, and we are able to help you anywhere in Australia – and we are proud to say YES, for all the right reasons too.

Our promise to you:

· Flexible repayment terms that meet your needs
· Dedicated brokers that will make you their priority
· Fast, hassle-free, transparent personal loan application process

Say YES to Yes Loans today. Call us and meet your Financial Consultant now.

Frequently Asked Personal Loan Questions

How much can I get a loan for?

Our brokers will assess your most comfortable loan amount with you based on your income and expenses, your reason for the loan, and your repayment ability. The maximum unsecured person loan is $30,000 there is no maximum secured loan and the minimum is $4,000.

How do I know how much my repayments will be?

Use Yes Loans’ simple, efficient Loan Calculator to work out what your repayment options could be, based on loan approval. Remember the calculator is a guide only. It’s as easy as one, two, three!

Example of a typical unsecured consumer fixed rate loan

$20,000 (includes a $250.00 establishment fee and a $990.00 origination fee) loan at an interest rate of 10.99% p.a. (12.21% p.a. comparison rate*) over 5 years.

Repayments are $438.00 per month over 60 months ($101.07 per week), this includes $13.00 per month loan administration fee.

Total repayment over 5 years: 60 x $438 = $26,280.

The interest rate is indicative only and may vary according to the lenders assessment.

*The comparison rate of 12.21% p.a. is based on an unsecured consumer fixed rate loan of $30,000 over a term of 5 years. WARNING: 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.

The National Consumer Credit Protection Act 2009 (NCCPA) requires that all lenders that publish interest rates for a product also publish the comparison rate. The comparison rate aims to inform the consumer of the true cost of a loan and is designed to make it easier to compare the different credit products available in the market. A comparison rate does not include all fees and costs, eg Government fees and charges and will not include other factors that may make the loan more attractive, eg flexible loan arrangements.



Can I repay my personal loan quicker?

Absolutely. Check out our Loan Calculator for tips on how to repay your loan quicker. In most cases, there are no extra charges for making additional payments or lump sum deposits into your loan. However, we always recommend reading your credit contract first, as early repayment terms are subject to the lenders conditions.

Do I need to provide security or a guarantor?

These may be required for some loans in the event that you might default on a loan. If you default on a loan with security, the goods can be sold off to recoup the money. You should remember that any remaining balance is still the responsibility of the borrower. If you default on a loan with a guarantor, they will be asked to pay it back on your behalf. For guarantor loans, we recommend the guarantor obtains prior independent legal advice to make sure they are aware of their rights and obligations.

Short Term or Pay Day Loans

Yes Loans does not offer “Pay day” or short term personal loans.

The use of this type of loan product can damage your credit file and reduce your chances of getting an approval for any future lending.

Does Yes Loans charge a fee?

Yes, but only if your loan is approved. In which case, we may charge you a maximum fee of $900.00 plus GST. This is included in your loan amount and disclosed in our Credit Guide and Quote which we will provide you.

Apply online now or call us on (08) 9472 3000 to discuss your loan and finance options.

Say YES to a simple application process. Say YES to Yes Loans.