Rates and Fees
Low rates, flexible repayments and no hidden fees
Personal loans with a low rate
Low rate personal loans with Handy start at 6.57% p.a. (comparison rate: 7.19% p.a.), allowing you to get where you’re going in life.
Easy loans, no hidden fees
A simple online application process, with no early repayment fees, no early exit fees and no monthly account fees.
Establishment fee
Other fees
No hidden fees
Late payment fees
Estimate my personal loan rate
You can get a general idea of your rate and repayments below, or take 5-minutes to apply and receive a personalised quote. It is a no-obligation, free quote, and will not impact your credit score. That’s handy!
Frequently asked questions
Need help with something? Here are our most frequently asked questions.
How do you determine interest rates?
When calculating your rate, we consider your credit record and history – through a trusted, third-party credit bureau – and your financial situation. Using this information, we give you a unique rate based on your circumstances.
How do you offer lower rates than traditional lenders?
Traditional bank lenders tend to have higher operating costs, resulting in higher rates. Handy Finance keeps rates low by keeping operating costs down to make finances less daunting and allow people to live life to the fullest.
What is an advertised rate?
An advertised rate is what lenders show to give you an idea of the loan cost. This rate will depend on your individual credit score as well as the details you give us in your loan application. Remember, this rate usually doesn’t include all charges and fees, so it’s really only a part of the cost of your loan. That’s why it’s important to look at the comparison rate for the full picture.
What is a comparison rate?
What will my interest rate look like?
Handy Finance ensures borrowers with a good credit history are rewarded with better rates. Handy Finance will offer you an interest rate based on your personal credit history and evaluation against our credit scorecard. You can receive an indicative rate estimate in just a few minutes via our online application form. Any estimates provided do not constitute an offer or approval of finance. Your repayment amount and interest rate will be confirmed if an application is submitted and approved.
What is an account-keeping fee or ongoing fee?
At Handy Finance, we don’t charge account-keeping or ongoing fees for our personal loans, making things simpler for you. The only extra charge is an establishment fee. This is a one-time fee added to your loan amount at the start, covering the cost of setting up your loan. It’s included in your total loan amount, so you pay it off over time along with the rest of your loan, with no hidden surprises.
Will I be charged for paying off my loan early?
No! You can repay your loan earlier and save on your overall interest costs at any time free of charge. At Handy Finance, we have a $0 early repayment fee, so you can pay off your loan early without incurring any extra costs.
Buy now, pay later, with our payment plan solutions
Handypay gives you the power to get what you need today and pay for it later – now that’s handy!
Pay later without having to stress about hidden fees
Handypay has no hidden fees, so you’ll know exactly how much you’re paying and when.
