Take a look at our tips on buying a car, calculate loan repayments and learn how to finance a car - People's Choice can even help you with your car insurance!
Whether you want to buy a new car, go on a holiday, renovate your home or refinance an existing loan, we can help you get the personal loan that’s right for you, with competitive interest rates, fast pre-approval and no monthly fees.
Compare Our Products
What do I get?
A personal loan to help you buy a new car at a low rate
New cars: 5.64% p.a.1
New cars: 5.99% p.a.*
Low flexible discounted rate, no ongoing fees, available specifically for new car loans using the same motor vehicle as security
A low rate, secured personal loan that can be arranged to help you for almost any purpose
Low flexible discounted rate, no ongoing fees with lower rates available when using a motor vehicle, motor cycle, or caravan as security
When you apply for a loan, please have this information handy:
You can choose to make your repayments weekly, fortnightly or monthly.
You can even make additional payments without penalty at any time via Phone Banking, Internet Banking, or at any of our branches.
Calculate the time and interest you can change when making extra repayments with our free extra repayments calculator here.
Our Personal Loans start from as little as $2,000 and our Discounted Personal Loans start from as little as $10,000.
The maximum loan is based on the amount that you can afford to repay.
Calculate how much you can borrow with our free borrowing calculator here.
No, you can apply for a personal loan with People's Choice even if you are not a member.
If you're not currently a member, you'll need to become a member before the car loan can be finalised.
And have no fear, it’s a quick and simple process!
Click here to become a member with People's Choice.
Calculate how long it will take you to pay off your loan.
1 Sole loan purpose must be to purchase a new vehicle (year of manufacture from 2017) that has not previously been registered or owned, and the vehicle must secure the loan.
2 Fixed for 5 years then reverts to our standard variable rate (currently 11.55% p.a.) for remaining term.
3 Rate Lock fee is 0.15% of the total loan amount and is valid for 60 days from the date of application.
4 Minimum redraw amount is $250 and redraws are free if performed online or at a cost of $40 for an in-branch Staff Assisted Redraw. Redraws are only available if sufficient extra repayments have been made against the loan account.
Terms, conditions, fees, charges and lending criteria apply and are available on application.
* Comparison rates are based on a secured loan of $30,000 with monthly repayments over a term of 5 years.
# Comparison rates are based on an unsecured loan of $10,000 with monthly repayments over a term of 3 years.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
The information above is general advice only and does not take into consideration your personal objectives, financial situation or needs (“your personal circumstances”). Please consider the relevant Disclosure Documents and your personal circumstances before making any decision to purchase the products. Contact us on 13 11 82 with any questions, or visit your nearest branch to talk to a consultant.
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