Loans as they should be
-
Borrow up to $45,000 for a range of loan purposes
-
Simple online application
-
Loan terms from 12 to 60 months
-
No early repayment fees
-
Fast finance – funds typically disbursed within 24 hours of approval
Learn more about our large personal loans
At Rapid Loans, when you apply for a large personal loan, you are applying for one of our secured personal loan products. Loan amounts are available subject to our credit eligibility criteria and approval.
What Is a Large Loan?
A large personal loan isn’t a specific loan product, but a term often used to describe borrowing a higher loan amount for larger expenses or projects.
At Rapid Loans, our secured personal loans can be used for a range of eligible purposes, including vehicle purchases, home improvements, travel and other personal expenses, with loan amounts available up to $45,000, subject to our lending criteria and approval.
What Do I Need To Know Before Applying for a Large Loan?
Before applying for a large personal loan, it’s important to understand your financial position and consider whether you can comfortably meet the repayments.
Take time to compare interest rates, fees, charges, loan terms and repayment amounts so you understand the total cost of borrowing. You’ll also need to have your identification, proof of income (such as recent payslips or bank statements) and details of your existing financial commitments available when you apply.
As with any loan, consider how the repayments will fit within your budget over the life of the loan before applying.
What Can a Large Loan Be Used For?
Rapid Loans’ secured personal loans can be used for a range of eligible purposes, including home improvements, travel, major purchases and unexpected expenses.
Before applying, consider whether the loan meets your borrowing needs and that you can comfortably manage the repayments.
Why Choose Rapid Loans?
Rapid Loans has helped more than 50,000 Australians access secured finance through our online application process.
Our online application is designed to be straightforward, and we don’t charge early repayment fees on our secured personal loans, giving you the flexibility to make additional repayments or repay your loan early without early repayment fees.
If you’re considering a large personal loan, you can apply online to see if you’re eligible. Every application is assessed individually against our credit eligibility criteria and lending requirements.
How It Works
1. Apply Online
Get started with our simple online application and be on your way in just a few clicks! Our secure online platform keeps your information safe.
2. We’ll Get In Touch
Your application will be reviewed and one of our friendly loan consultants will be in touch soon! We’re here to help.
3. Receive Funds
We take our commitment to being fast seriously! If you applied in the morning and were approved, your funds could be available the very same day.
Why go with Rapid for your loan?
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 finance. Our experienced team understands that life isn’t always straightforward and is here to support you throughout the process.
Explore Our Other Loan Types
Travel Loans
For your next dream holiday
Wedding Loans
For that very special day
Debt Consolidation
For making your life easier
Personal Loans
For when you want to start living
Large personal loan questions
How quickly can I get a large personal loan?
Our team aims to assess applications as quickly as possible. For many approved applicants, funds may be available on the same business day following approval and settlement, depending on the time of approval and your financial institution.
What are the loan terms on your large loans?
Rapid Loans offers secured personal loans of up to $45,000, with loan terms ranging from 12 to 60 months, subject to approval. If approved, your loan amount and loan term will depend on the outcome of our assessment against our credit eligibility criteria and lending requirements.
Do you offer large loans at fixed or variable rates?
Rapid Loans offers fixed-rate secured personal loans. Fixed repayments can help make budgeting more predictable because your scheduled repayment amount generally remains the same over the life of the loan, provided your loan terms do not change.
Can I apply for a large loan if I have average credit?
Having a less-than-perfect credit history doesn’t automatically mean you won’t be eligible to apply. Every application is assessed individually against our credit eligibility criteria and lending requirements, taking into account your current financial circumstances.
If you’re considering applying, it’s a good idea to check your credit report, only apply where you’re genuinely interested in borrowing, and carefully consider how much you need to borrow and whether you can comfortably meet the repayments.
Hear from our happy customers
Learn how our loan system makes borrowing easy, quick, and hassle-free.