Borrowing with Wisr

Interest rates up to 5% lower than the Big Four for strong credit 1

For any worthwhile need, a Wisr Personal Loan gives you the flexibility
you want at a very competitive rate - from 6.49% p.a.1 (comparison rate 7.31% p.a.3*)

In fact, we reward people with good credit histories with a lower rate.

Get a personalised rate estimate

Product Features and Fees

Loan Purpose Any worthwhile purpose
Security Required Security may be requested for certain loan purposes.
Interest Rate¹ Fixed from 6.49% p.a.      3 year loan
Fixed from 6.49% p.a.      5 year loan
Comparison Rate From 10.43% p.a.2*      $10,000.00 over 3 years
From 7.31% p.a.3*      $30,000.00 over 5 years
Interest Calculated Daily
Establishment Fee $595
Loan Amount $5,000 – $63,000 ^
Term 3 or 5 years
Repayment Method Direct debit
Repayment Type Principal and Interest, in equal amortised amounts
Repayment Frequency Monthly direct debit
Early Repayments Yes
Early Repayment Fee Nil
Annual Fee Nil
Account Administration Fee Nil
Late Payment Fee $25
Payment Dishonour Fee $2.75

A wisr loan can be provided for many purposes, including:

  • Debt consolidation
  • Buying a vehicle
  • Home renovations
  • Wedding
  • Travel
  • Other

Eligibility criteria:

To be eligible for a Wisr personal loan you must meet the following criteria:

  •    Gross income over 30,000 p.a.
  •    Over 18 years of age
  •    No unpaid defaults last 5 years
  •    No bankruptcies last 7 years
  •    Not currently in financial hardship
  •    Permanent Australian Resident currently residing in Australia


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^: Excludes any additional fees and charges that may apply, which may reduce the maximum loan amount.

#: The rate offered to consumers is based on Wisr's credit assessment. More Information

The results from loan calculator are for purposes of illustration only and do not constitute an offer of credit. All applications for credit are subject to Wisr's normal credit approval criteria.

1: This rate applies only to borrowers with strong credit histories. Wisr will also offer loans at higher rates to applicants with good histories, but do not meet the requirements for our lowest rates. Click here to view our full rates table.

2: Comparison rate(s) based on $10,000 unsecured loan, fixed over 3 years, with monthly repayments.

3: Comparison rate(s) based on $30,000 unsecured loan, fixed over 5 years, with monthly repayments.

* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan

Note: All rates mentioned on this website are calculated on a per annum basis.