The Finance Algorithm
RACQ Bank

Debt Consolidation Loan

We can consolidate your debt into one, easy to manage unsecured debt consolidation loan.

Personal loansBank updated 13 Mar 2026
At a glance
Variable
12.99% · 13.17% comparison
Loan size
$3,000 to $60,000
Upfront fee
$120
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
VariableAvailable for new lending only.P&I12.99%13.17%
§ 02 — Fees · 2
FeeTypeAmountWhenNotes
Default Enforcement ExpensesEventVariesMay apply if enforcement services are required as part of default administration.
Document Preparation FeeUpfront$120Document Preparation Fee includes document generation, distribution of documents, verification of documents and verification of search requirements.
§ 03 — Features
Instant paymentsDigital banking
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Must be an Australian Resident
  • · Available to individuals
  • · Amount $3,000 to $60,000

Published by RACQ Bank under the Consumer Data Right, last changed by them on 13 Mar 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.