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Secured consumer loan (asset finance)

Our Secured Consumer Loan allows you to purchase a vehicle or other acceptable assets, with the asset to be used as security for the loan. The loan provides certainty to you as you repay the loan over an agreed term with a fixed interest rate and fixed monthly repayments.

Personal loansRates on applicationLender updated 9 July 2026

At a glance

Pricing
Rates on application
Loan size
$5,000 to $300,000
Upfront fee
$499
Monthly fee
$8.90

Fees

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

  1. When you take it outUp to $6004 fees, each listed below
  2. While you hold it$8.90 a monthAccount Keeping Fee (monthly)
  3. When you close it or pay it offUp to $202 fees, each listed below

When you take it out4

  • Establishment Fee (Private Sale)

    The establishment fee includes the cost of processing the application and the preparation of loan documents.

    $600
  • Establishment Fee

    The establishment fee includes the cost of processing the application and the preparation of loan documentation.

    $499
  • PPSR Registration Fee

    Payable when Pepper Money’s security interest is registered on the Australian Government’s Personal Property Securities Register over the asset provided as security for the loan.

    $6
  • PPSR Search Fee

    Payable when Pepper Money searches the Australian Government’s Personal Property Securities Register in relation to the asset provided as security for the loan.

    $2

While you hold it1

  • Account Keeping Fee (monthly)

    Monthly fee to cover the ongoing costs of managing the loan.

    $8.90 a month

When you make a transaction2

  • Payment Handling Fee

    Payable when any payment is made by BPAY or EFT.

    $1.50
  • Payment Handling Fee

    Payable when any payment is made by direct deposit.

    $2.50

If a payment is late or fails2

  • Dishonour Fee

    May be payable each time the payment instruction is dishonoured.

    $5
  • Late Payment Fee

    Payable each time the repayment is not made within five days of the repayment due date.

    $35 5 days after it's due

When you close it or pay it off2

  • Account Closing Fee

    Payable when the loan is paid out.

    $20
  • Early Termination Fee

    Payable on any earlier termination of the agreement.

    Varies

Features

Extra repaymentsDigital banking
  • Available for purchase as new, demo, or used assets, with a maximum asset age of 20 years at the end of the term.
  • Term: 1 to 7 years
  • Interest rate is fixed for the life of the loan so you know what your repayments will be. The loan will not benefit from interest rate decreases.
  • Purchase or refinance of one of the following assets through a dealer or a private seller: Car, Boat, Jet ski, Caravan, Motorcycle, All terrain vehicle, Tractor, Ride-on mower, Horse float, Solar gen…
  • Balloon payments available (loan term will be capped at 5 years) to customers who want to make smaller regular repayments over the loan term and make a larger final repayment at the end of the loan t…

Eligibility and limits

  • Minimum age 18
  • Residency: Must live in Australia and be an Australian citizen or permanent resident or residing in Australia on a working visa that is acceptable to Pepper Money
  • Available to individuals
  • Amount $5,000 to $300,000
  • Meet Pepper Money’s credit assessment and eligibility criteria which includes demonstrating capacity to make the required loan repayments without substantial hardship and having an acceptable credit…
  • If a loan application is approved, the interest rate offered and fees and charges will depend on Pepper Money’s assessment of several factors at the time of application including the applicant’s cred…
  • Payments must be made from an Australian bank account.
  • Loan must be secured by an asset acceptable to Pepper Money.

Published by Pepper Money under the Consumer Data Right, last changed by them on 9 July 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.