Explore our loans
Why Rapid?
We’ve been leaders in the online lending market for over 20 years, and while the world has seen many changes, one thing has remained the same – our desire to help everyday Australians like you get to your destination sooner. Apply online today to experience the Rapid difference for yourself.
Our Customers
Are everyday people with big dreams and places to go!
Our Loans
Are straightforward and easy to understand, with no hidden surprises.
Our People
Are dedicated finance professionals ready to help you get the best finance for your unique situation.
How it works
1. Apply Online
Complete our easy online application form. Don’t worry, we only need the important stuff to get you moving.
2. We’ll Get In Touch
Your application will be reviewed and one of our friendly loan consultants will be in touch soon!
3. Receive Funds
If approved, have your funds faster than you can say Rapid Loans! If you applied in the morning, they could hit your account the very same day.
Why choose Rapid?
Designed for Simplicity
Our auto and personal loan products are designed to make borrowing simple, with flexible options for loan amount, loan term and repayment frequency.
Fast Online Application
Our online application takes just minutes, and our secure online portal makes it easy to upload your supporting documents quickly and conveniently.
Real People, Ready to Help
Our dedicated Customer Service team is here to help. From application through to settlement, we’re committed to making every interaction easy to understand and supportive.
50,000 Customers and Counting
We’ve helped more than 50,000 customers access the finance they need. Our experienced team understands that life isn’t always straightforward and is here to support you throughout the process.
Hear from our happy customers
See what customers have said about their experience with Rapid Loans.
Frequently asked questions
What types of loans do Rapid Loans offer?
Rapid Loans offers secured personal loans which can be used for a variety of purposes, such as travel, debt consolidation, weddings and more.Personal loan amounts can range from $2,001 to $45,000.
We also offer secured auto loans from $5,000 to $45,000 for new and used vehicles, with the flexibility to purchase from a dealership or private seller.
What loan terms does Rapid Loans offer?
Rapid Loans offers loan terms that vary from 12 to 60 months with loans ranging from $2,001 up to $45,000. We’re unable to provide loans or finance where Centrelink payments are the sole source of income. Please note that this also depends on the product, loan amount and other personal factors.
What do I need to apply for a loan?
When you apply for a loan, there are a few things we need from you to support your application. The three basic things we need you to supply when applying for a loan are:
- The amount of money you are requesting
- Your Identification Documents (i.e. Driver’s Licence)
- Your Income Documents (i.e. payslips)
Does Rapid Loans offer fixed interest rates?
Yes, Rapid Loans offers fixed interest rates for car and personal loans which will be outlined in your contract if you are approved. This varies depending on a number of factors such as your borrower profile, loan product and principal amount.
Do you charge early repayment fees?
No, Rapid Loans does not charge any fees for early payouts or additional repayments on top of the regular repayment schedule.
Will funds be available the same day?
We always aim to be as quick as possible with transferring funds to successful applicants so your funds may be available on the same day. Please note that this depends on the time and day of your successful application which means your funds will either be available on the same day or the next business day.
What are personal loan interest rates?
Our rates as as follows:
- Interest Rates: from 12.95%
- Comparison Rates: from 16.27%
- Establishment Fee: $400 (MACC) and up to $1545 (Personal and Auto loan)
- Monthly Administration Fee: $25 per month (for loan terms over 24 months)
- Dishonour Fee: $28
- Early Termination Fee: $0
- Minimum Loan Term: 12 Months
- Maximum Loan Term: 60 months
- Minimum APR: 12.95%
- Maximum APR: 22%
- Provider Fee: Based on borrower risk profile