Now Finance review
Personal
Best suited for good-credit borrowers who want a genuinely fee-free fixed-rate personal loan
Loanseekers is a broker, not a lender, and may receive commission from lenders on our panel. This does not change what you pay. See our Credit Guide.
Advertised rates
5.95% - 26.95% p.a. fixed unsecured, 5.95% - 21.65% p.a. fixed secured; vehicle loans 7.59% - 15.39% p.a.
Comparison rate equals the interest rate on personal loans (no fees); 8.43% - 16.29% on vehicle loans*
Approval speed
Personalised quote in 2 minutes, application around 10 minutes, funds in as little as 24 hours after approval and ID verification
Credit-profile fit
Rate personalised by Equifax credit score across Average to Excellent tiers. No bad-credit or credit-impaired offering is published.
Pros & cons
Pros
- Zero fees on personal loans, so the comparison rate equals the interest rate
- Rates from 5.95% p.a.
- 2-minute rate check with no credit score impact
- Funds in as little as 24 hours
- Combine up to four purposes in one loan
Cons
- No monthly repayment option - weekly or fortnightly only
- Vehicle loans carry an establishment fee up to $595
- Unsecured rates reach 26.95% p.a. for weaker scores
- No published lane for impaired credit files
Key features
- Fixed rate and fixed repayments, weekly or fortnightly
- Borrow $5,000 - $50,000 unsecured or $15,000 - $100,000 secured; vehicle loans to $150,000
- Terms 18 months - 7 years
- Rate check in 2 minutes with no credit score impact
- Combine up to 4 loan purposes in one loan
- 100% online application
Fees
- Personal loans: no fees at all - no establishment, monthly, extra repayment or exit fees
- Vehicle loans: once-off establishment fee up to $595, no other fees
- Third-party recovery costs can be passed on only if loan terms are breached
Frequently asked questions
Who is Now Finance best suited to?
Based on our review, Now Finance is best suited for good-credit borrowers who want a genuinely fee-free fixed-rate personal loan.
What are Now Finance's rates?
5.95% - 26.95% p.a. fixed unsecured, 5.95% - 21.65% p.a. fixed secured; vehicle loans 7.59% - 15.39% p.a.. Rates and fees are current as at 30 July 2026 and are subject to change by the lender at any time.
What fees does Now Finance charge?
Personal loans: no fees at all - no establishment, monthly, extra repayment or exit fees. Vehicle loans: once-off establishment fee up to $595, no other fees. Third-party recovery costs can be passed on only if loan terms are breached.
How fast is Now Finance's approval?
Personalised quote in 2 minutes, application around 10 minutes, funds in as little as 24 hours after approval and ID verification.
What credit profile does Now Finance accept?
Rate personalised by Equifax credit score across Average to Excellent tiers. No bad-credit or credit-impaired offering is published.
How do I apply through Now Finance?
Start a Loanseekers enquiry and we compare Now Finance against 70+ lenders for your situation. The initial check does not affect your credit score, and our specialists manage the application to settlement.
See if Now Finance suits your situation
One enquiry compares Now Finance against 70+ lenders for your exact position. No obligation, no impact on your credit score to enquire.
This is general information only, not personal advice; we have not considered your objectives, financial situation or needs. Loanseekers is a broker, not a lender, and may receive commission from lenders on our panel. This does not change what you pay. Approval is subject to lender criteria. See our Credit Guide.
Rates and fees current as at 30 July 2026. Rates and fees are subject to change by the lender at any time.
*The comparison rate is based on the lender's published example and is true only for that example. 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.
Think something on this page is out of date or inaccurate? Tell us via our complaints and disputes page.
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