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.

John Shanahan
John Shanahan
3 May 2023
We worked with Jason to arrange finance for our Austrack van. Jason's service, knowledge and understanding was fantastic. Great outcome and can't wait to get into our van! Thanks Jase.
Robbie Amhaz
Robbie Amhaz
10 March 2023
I Have been with AAA for many years now and they have always been my go too broker for personal loans. Peter & Jason always go the extra mile for me as a client and their rates & fees are competitive. We recently purchased a brand-new car and AAA got us the loan we wanted and at the right interest rate. Excellent service and industry knowledge. Thanks Again Robbie Amhaz
Paul Mansell
Paul Mansell
18 August 2022
These guys go above and beyond. I would recommend them to anyone.
Wayne Jones
Wayne Jones
27 July 2022
Warwick provided a very simple platform to execute our business with him,nothing was a issue and he was very prompt getting back to us or returning calls,highly recommend AAA Finance
11 July 2022
The team at AAA made the finance application process incredibly smooth and stress-free, handling all of the otherwise difficult paperwork with the lender and seller. We have used them multiple times now and have never been disappointed!
Lyndon D
Lyndon D
9 December 2021
We had Jaime as our broker and wow! She did such a great job. 10/10 customer service! Answered every question, gave us all the advice we needed. Can’t fault anything at all. Thank you Jaime !
Bianca Bloomfield
Bianca Bloomfield
9 November 2021
These guys were fantastic ! - Jaime was prompt, professional and kept me in the loop while the finance boxs were ticked in the background. This was all done very quickly and they were super competitive in the market, which was awesome, when there was additional requirements she was straight on the phone-Highly recommend !!
Larna Kerswell
Larna Kerswell
14 October 2021
Warwick at AAA Finance was so easy and great to deal with. He was patient and helpful with us every step of the way. We would recommend them to anyone looking around for finance. Thank you so mauch Warwick and AAA Finance.
Donna Joy
Donna Joy
23 September 2021
I was very happy with the excellent service given by Sam Sharpe. He was helpful, polite and easy to understand. Thanks Sam 😃
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