Explore our loans
We’re for you
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?
Loans Tailored to You
Our auto and personal loan products were created with our customers in mind. We live in the real world too, so we created flexible loan solutions to suit most circumstances.
Quick and Easy Process
Our online application takes just minutes and our secure online portal allows you to upload your essential documents quickly and conveniently.
Personalised Service
Like everything at Rapid, we make sure dealing with our professional customer service representatives is straightforward and simple. We’re here for you!
Trusted Lender
We’ve funded loans for over 50,000 happy customers to make life happen. Our people are experienced, professional and understand that life isn’t always straightforward.
Hear from our happy customers
Learn how our loan system makes borrowing easy, quick, and hassle-free.
Frequently asked questions
What types of loans do Rapid Loans offer?
Rapid Loans offers personal loans for a variety of uses, such as travel loans, debt consolidation loans and wedding loans. Personal loan amounts can range from $2,001 to $45,000.
We also offer 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. If that’s not a win for your wallet, we don’t know what is!
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