Here's everything you need to know about our personal loans.


A personal loan can be useful for all kinds of people in all kinds of situations. They can be used for just about any purpose and are fast and easy to use.

No matter what your situation is, a personal loan can be a good way to help you take control of your finances and your credit options. Here’s everything you need to know about our personal loans:

What are personal loans?

A personal loan is a type of credit. You can borrow a lump sum of money and pay it back over a set period of time. You can also use the money for whatever you want, including buying a new car, paying for a holiday, consolidating debt, and more.

Personal loans are different from credit cards because the loan amount, repayment amount, and loan term are all set. They are also different from cash loans because you have the option to borrow larger amounts and pay it off over a longer period of time.

At Club Money, we offer personal loans of up to $10,000 and loan terms of 1 to 5 years. Find out more about how our loans work here.

How you can you use a personal loan

You can use your personal loan however you want, but most lenders will ask you for the reason why you’re applying for a personal loan. Some common reasons for getting a personal loan include:

  • Buying a car – You can use the funds from your loan to pay for a new or secondhand car. In some cases, you can also use the car as security for the loan.
  • Home renovations – Using your loan to fund home renovations is a good way to improve your home and increase its value.
  • A special event – You can use your loan to help pay or special events like a wedding, honeymoon, or milestone birthday.
  • Consolidating debt – Using your loan to pay off existing credit card or other debts is a good way to simplify your debts into one convenient repayment.

Whatever the reason, getting a personal loan can be a good way of taking control of your finances and doing the things you want to do.

About Club Money

At Club Money, we want to give people finance options and a fair go, regardless of your circumstances. We won’t turn you away just because of a less than perfect credit history or other difficult circumstances.

Club Money is a licensed lender, and our lending policies and practices are regulated by the Australian government. We take our responsible lending obligations seriously, and we don’t believe in charging unnecessary fees or being inflexible.

We’re upfront about all our fees, and we’re always happy to answer any question you have if you get in touch.

Find out more about our personal loans or apply online today.