Secured Personal Loans

A secured personal loan is where the borrower provides some form of collateral, which is used as security for the debt.  Collateral is defined by as 'something pledged as security for repayment of a loan, to be forfeited in the event of a default'.   Collateral or security is usually an asset that the lender can assign a value to.  This type of personal loan attracts a lower interest rate than that of an unsecured personal loan.  This is because there is less risk for the lender.  If repayments for the loan are not made than the lender can sell the asset to pay out the loan.

What can be used as security?

There are different items that can be used as security.  A secured loan against car is the most common. Caravans, motorbikes and boats can also be used as collateral for a secured personal loan.

If you are considering purchasing a vehicle then a secured car loan will be a more cost effective solution.  Call our experienced finance experts to discuss your individual circumstances.

What can you use a secured personal loan for?

A secured personal loan can be used for a variety of purposes including:

  • Home renovations.
  • Education and school expenses.
  • Dream holiday.
  • Medical expenses including cosmetic surgery.
  • White goods and furniture..
  • Car repairs...
  • Wedding expenses...
  • Debt consolidation...

Secured personal loan terms

There are many advantages to a secured loan against car. These include:

  • Competitive low cost interest rates.
  • Interest rates are fixed for the term of the loan.
  • Option to pay out most personal loans at any time.
  • Terms of up to 7 years.
  • You can borrow from $5000 to $30 000.
  • You will need to provide some type of security or asset against the loan.
Secured Personal Loan | home improvements

Apply Now

Call (07) 5493 1222 or make a Quick Online Loan Enquiry today to discuss your loan using your car as collateral.  One of our friendly finance experts will be able to evaluate your individual circumstances. We will get you the best low cost secured personal loan available.

Personal Loan Calculator

Not sure if your loan repayments will fit within your budget?  Try out easy to use Personal Loan Calculator.  The calculator estimates a fortnightly or monthly loan repayment.  The calculation is based on the loan amount, loan duration and interest rate.  Loan terms can vary from 1 to 7 years.  The interest rate depends on your profile and previous credit history.

Jemma Pudwell
Jemma Pudwell
15 February 2024
We have used Jase from AAA Finance twice in the last 12 months, and he has been great to deal with. Communication was great, he was very proactive especially if anything may come up and were very quick in getting it all sorted in the best possible way to suite our situation. Highly recommend and will use Jase again in the future.
Ryan Smith
Ryan Smith
14 February 2024
Just finished my process with Ray from AAA finance. The man is unbelievably genuine and taught me so much throughout the process. This wasn't just about securing my finance and Ray showed that through immaculate service. Ray has educated me and shed light onto future projects only confirming where I'll be taking my business in the future. Absolutely phenomenal and wouldn't even consider using anyone else. Thanks again Ray!
Wayne Roby
Wayne Roby
29 January 2024
AAA were awesome at helping me out of a tight situation (and with bad credit file) ! they were friendly and quick to respond. i would highly recommend them
23 January 2024
Jason was professional, organised and very helpful in regards to the loan for camper van. I am very grateful to have spoken to someone who managed the process so easily, flexibly and was able to provide solutions. Thank you
Emily Dimitriou
Emily Dimitriou
10 December 2023
Jason has been absolutely wonderful to deal with and we couldnt be happier with his service. Top notch 😊
Katherine Menadue
Katherine Menadue
15 November 2023
I have just secured a loan through AAA Finance and Insurance to invest in an emerging business O2 for life. The whole process was simple and quick. Ray Wilson was excellent, available at all times to help with any queries. I would strongly recommend Ray and his business for any finance requirements.
Breanna Carr
Breanna Carr
26 October 2023
They are so easy to talk to, answered every question I asked no matter what question it was and they were just great.
Christopher Dyke
Christopher Dyke
17 October 2023
Getting finance is a big step to take and can be a bit daunting. AAA Finance makes the process so easy, which is the reason why I am a repeat client having now purchased multiple vehicles through using their service. You get genuine service from an honest team and assured you are looked after. Give them a go once, it’s all you’ll need!! Thanks AAA Finance!!
Marissa Carr
Marissa Carr
12 October 2023
Ray has been absolutely amazing. Thank you
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