Whether you’re planning a dream holiday, consolidating debt, upgrading your car, or tackling unexpected expenses. An Unsecured Personal Loan gives you the freedom to do more, without tying up your assets. Fast approvals, competitive rates, and no hidden fees. It’s personal finance, made simple.
Take control of your life with our Unsecured Personal Loan.
Apply online in minutes from the comfort of your home, on a quick lunch break on in-between tasks. The process is fast, secure and simple to follow. All at your fingertips.
Interest rate listed here is a guide. Applicable rates available on application.3
3Unsecured fixed rates available starting from 9.39%. Determined upon application and subject to applicant’s credit score. *The comparison rate for Personal Loans is based on a loan amount of $30,000 repayable over 5 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. All rates available for new business only and are subject to change without notice. Credit eligibility criteria, terms and conditions, fees and charges apply and may change without notice. Products issued by Southern Cross Credit Union Ltd ABN 82 087 650 682. AFSL and Australian Credit Licence 241 000.
Life happens. An Unsecured Personal Loan can help you get things on track.
Plan your perfect wedding with our Unsecured Personal Loan.
Start planning your next home remodelling, including appliances.
Use our Unsecured Personal Loan as a helping hand for the hard times.
Explore the world with a little help from our Unsecured Personal Loan.
Our Unsecured Personal Loan helps you cover emergency costs and more.
Easy, simplified and completely online. Ready to go?
Complete your personal loan application in under 20 minutes. Or do it at your own pace, pause and restart from where you’ve stopped. Tell us about yourself and see how much you can borrow.
If you need help, call us on 1300 360 744 and our team will walk you through it.
You can apply for your personal loan completely online including real-time ID verification, over the phone or in-person by visiting one of our Financial Service Centres.
Make sure you check the eligibility criteria and gather all document requirements. All our personal loans require a 100-point identity check, so make sure you have everything ready to go. If you have any questions, call us at 1300 366 744.
To apply for an Unsecured Personal Loan you must:
Once your application is submitted, our Lending Specialists will undertake an assessment of your personal loan application. Once assessed, your application will be deemed approved or not approved. Our team will keep you informed throughout this process, and additional information may be required at any stage.
Products issued by Southern Cross Credit Union Ltd ABN 82 087 650 682. AFSL and Australian Credit Licence 241 000. Any advice given is of a general nature only and is not based on any consideration of your objectives, financial situation and needs. To decide if a product is right for you, please refer to the Summary of Accounts, Access Facilities and Transaction Limits. Eligibility criteria, fees and charges, terms and conditions apply. To help you better asses if these products are right for you please reach out to our team or read through our Target Market Determinations (TMD), designed to help you make an informed decision that is consistent with your objectives, financial situations and needs.
Important: Available for new business only. Offers not available for switching of existing SCCU home loans. Not available through Broker introduced business.
Advertised Interest rates subject to change without notice.
All Personal Loans
*The comparison rate is based on a loan amount of $30,000 repayable over 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Unsecured Personal Loans
³Unsecured fixed rates available starting from 9.39%. Determined upon application and subject to applicant’s credit score.
An unsecured personal loan is a type of financing that doesn’t require any collateral meaning there is no need to tie it to your home, car, or other valuable assets. Instead, a borrower is assessed on their ability to repay factoring in their income, credit score, and overall financial health.
These loans are often used to fund life’s big moments: planning a wedding, taking a well-deserved trip, managing medical costs, or consolidating multiple debts into one simple payment. The application process is typically straightforward, and funds can often be in your account within days.
With no collateral required, fast access to funds, and fixed repayments, unsecured personal loans are a flexible financial solution for people who want to stay in control of their assets while moving forward with their goals.
When it comes to borrowing, there’s no one-size-fits-all approach – and that’s a good thing. Whether you choose a secured or unsecured personal loan, each comes with its own set of strengths designed to meet different needs.
Secured loans are backed by an asset, like a home or car, which can often help you access larger loan amounts or lower interest rates. They’re a popular choice for big-ticket purchases or long-term investments where you’re comfortable leveraging an existing asset to support your financial goals.
Unsecured loans, on the other hand, give you flexibility and speed. With no need to offer up collateral, you can apply quickly and focus on what matters. Whether that’s paying off debts, planning something special, or handling life’s unexpected expenses. Approval is based on your income and credit profile, which keeps the process simple and efficient.
Both loan types serve a purpose. If you’re looking for freedom, fast access to funds, and zero asset tie-in, an unsecured personal loan offers a smart, modern way to borrow. Putting you and your goals at the centre of the decision.
At SCCU, it’s more than a personal loan – it’s a step forward, powered by purpose, to help you move ahead and enjoy what matters most.
No. Our unsecured loans are available to renters and homeowners alike, no asset is required. To learn more about this loan type and see which is right for you read our Target Market Determinations.
You can use an Unsecured Personal Loan for accepted personal purpose such as home renovations, debt consolidation and even booking that dream holiday.
You can borrow anywhere from $5,000 to $50,000, depending on your circumstances and ability to repay.
Having clarity on your goals and well as in your current budget is important to make sure you borrow what you need and can meet your personal loan repayments. During the application process, this information will be used to assess your borrowing capacity.
Customers make regular, scheduled repayments to pay down the loan balance over time. Additional repayments can be made without additional charges.
Paying extra can reduce your interest payable and help you pay off your loan sooner. Use our handy calculators above on this page to assess your repayments.
Applying for a personal loan could affect your credit score both positively and negatively. To learn more about credit inquiries and how these can affect your credit score, contact a Credit Reporting Body. Learn more at Moneysmart:
https://moneysmart.gov.au/managing-debt/credit-scores-and-credit-reports
The eligibility and application documents may vary considering the type of personal loan you are applying for – whether unsecured, secured or new vehicle personal loan. We recommend you review the eligibility criteria and application process on each product page for accurate information.
In general, we will request ID verification documents such as driver’s licence and passport, along with supporting documents such as pay slips and bank statements. In some cases, additional information on existing cards, other loans and other information related to credit might be required.
Knowing how to produce statements from your current bank and what the credit limit and balance of any credit facilities are, will be valuable.
As with any financial products, it’s important you make an informed decision. Take your time to review all the product features, relevant disclaimers, fees & charges, Target Market Determination (TMD) documents, and other relevant product document. If you have questions, please contact us at 1300 360 744.
Yes. The Redraw facility is available for eligible personal loan types and depending on how your loan is structured. Contact us to see if this feature is available with your loan.
Absolutely. If you have a high-interest loan elsewhere, we can help you bring it over and potentially help you save money.
From your first transaction to lifelong investments, with you across all financial life stages.
Years of age
Australian our NZ resident
Confirmed employment
If you'd like a little extra help, call our team on 1300 360 744.
