The Finance Algorithm
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Secured Fixed Rate Personal Loan

Alex gets you a secured personal loan with personalised interest rates based on your credit history and doesn't penalise you for making additional repayments or paying your loan out earlier.

Personal loansBank updated 5 Nov 2026
Product page ↗Fees and pricing ↗

At a glance

Fixed
9.39%10.10% comparison
Loan size
$10,000 to $100,000
Upfront fee
$495

How it compares

This personal loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This personal loan: 9.39%Every other institution's lowest, 67 in all

Lowest advertised rate, fixed or variable, leaving out car loans. One dot per institution, at its lowest personal loan rate anyone can apply for; hover or tap a dot for its name.

RateThis personal loanBest anywhereTypical institutionWhere it sits
Personal loanLowest advertised rate, fixed or variable, leaving out car loans9.39%5.80%Plenti Personal Loan7.96%of 68 institutions48th lowest of 68
Fixed personal loanRepayments stay the same for the term9.39%5.80%Plenti Personal Loan7.96%of 42 institutions31st lowest of 42

Rates

Every rate Alex.Bank publishes for this personal loan, 3 in all.

TypeApplies toTermBandRateComparisonConditions
FixedAlex Bank secured personal loans (car) are available for a minimum of 1 year to a maximum of 7 years. Interest rates for a term up to 5 years range from 9.39% p.a. for borrowers with an outstanding c…P&I7 yrs fixed-9.39%10.10%-
FixedAlex Bank secured personal loans (car) are available for a minimum of 1 year to a maximum of 7 years. Interest rates for a term up to 5 years range from 9.39% p.a. for borrowers with an outstanding c…P&I7 yrs fixed-9.39%10.10%-
FixedAlex Bank secured personal loans (car) are available for a minimum of 1 year to a maximum of 7 years. Interest rates for a term up to 5 years range from 9.39% p.a. for borrowers with an outstanding c…P&I7 yrs fixed-9.39%10.10%-

Fees

3 fees published, grouped by when they're charged.

When you take it out1

  • Establishment fee
    $495

When particular things happen2

  • Early Repayment Fee
    No fee
  • Late Payment Fee
    No fee

Features

  • No monthly or annual account keeping fees
  • You can make extra repayments or payout the loan in full early without any penalty
  • Pay weekly, fortnightly or monthly via direct debit

Eligibility and limits

  • Minimum age 18
  • Residency: Individuals must be an Australian Citizen or Permanent Resident
  • Available to individuals
  • Amount $10,000 to $100,000
  • Maximum LVR 1.2%

Published by Alex.Bank under the Consumer Data Right, last changed by them on 5 Nov 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.