People First Bank
Unsecured Personal Loan
Our Unsecured Personal Loan offers a fixed rate for the life of your loan, flexible repayments, competitive interest rates and the freedom of an unsecured loan option. You can use our personal loan for almost any purpose; from buying a car to refinancing an existing loan and debt consolidation.
Personal loansBank updated 5 May 2026
At a glance
- Fixed
- 8.99% · 10.73% comparison
- Loan size
- $2,000 to no maximum
- Upfront fee
- $250
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedWe will confirm the specific details of your loan, including your actual interest rate and repayment amounts in your loan offer document. | P&I | 5 yrs fixed | $2,000–$50,000 | 8.99% | 10.73% | — |
§ 02 — Fees · 4
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Arrears Administration Fee 1 | Event | $25 | — | Payable if you fail to make repayments due under your credit contract and you do not pay an amount sufficient to clear all repayment arrears within 7 days of us notifying you that your account is in… |
| Arrears Administration Fee 2 | Event | $25 | — | Payable if you fail to make repayments due under your credit contract and your account remains in arrears for a period of 20 days or more. |
| Notice of Enforcement fee | Event | $25 | — | Charged whenever an eforcement notice is issued in relation to a credit contract that is not secured by a mortgage over real property. |
| Personal Loan Application Fee | Upfront | $250 | — | Personal Loan Application Fee |
§ 03 — Features
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- · Flexible repayment frequency - pay weekly, fortnightly or monthly.
- · Pre-Approval valid for 90 days
- · No penalties for additional repayments or early payout
- · Fixed loan terms up to seven years.
- · No monthly account keeping fees
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Permanent residents of Australia who reside in Australia at the time of membership application are eligible for membership, regardless of citizenship status.
- · Available to individuals
- · Amount $2,000 to no maximum
- · Terms, conditions, fees, charges and lending criteria apply and are available on application
§ 05 — Compare
§ 06 — Run the numbers
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Published by People First and Heritage Bank under the Consumer Data Right, last changed by them on 5 May 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.