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$300 $4600
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Loans from $2100 to $4600 require a car, motorbike, boat or caravan to be provided as security. If you cannot provide security, please apply for $2000 or less.

The maximum you will be charged is a 20% Establishment Fee and a 4% Monthly Fee. Under the current legislation lenders do not charge an annual monthly interest rate for our Small Amount Credit Contracts. You may know this as Annual Percentage Rate or APR(%). Click here to see a worked example.

The Annual Percentage Rate for Secured Medium Loans is 48%. Comparison Rate is 66.0347% p.a. This comparison rate is based on a Medium Amount Credit Contract for an amount of $2,500 over 2 years and a $400 establishment fee. Fees and charges are payable. Click here to see a worked example.

Can a secured personal loan get you a better rate or loan?

Secured Personal Loan What You’re After? Make Sure You Read This!

Secured personal loan – you’ve heard of them, haven’t you. But what, exactly, does it entail?

For most people, borrowing money happens at some stage in life. There are as many types of loans as there are reasons for taking them out, giving us all a variety of options to choose from. A secured personal loan is just one type.

What is a secured loan?

A secured loan is a loan that requires an asset to be tied to the loan as security for the lender. This is to protect the lender if you were unable to repay the loan. In other words, if you default on your loan or can’t pay it back, the asset can be seized and sold to make up for the lost money. That’s the worst case scenario – in our experience, our clients take out a secured loan because they need a slightly bigger loan – of $2,000 to $4,600 – to consolidate debt against security. It’s a larger loan with one manageable repayment.

Some assets that can be considered are:

Savings or investments

At Jacaranda Finance, we would consider a car, motorbike, caravan or boat as security that could be tied to your loan.

You’ve probably come across secured loans before without realising it. Take a look at these.

Some types of secured loans:

Where can I find secured personal loans?

If you’re after a secured personal loan, look no further than Jacaranda Finance. Head to our home page or scroll up a bit and fill in our quick and easy online application form. It’ll take you less than 5 minutes!

How to apply for a secured personal loan?

To apply for a secured personal loan, all you need to do is fill out our simple application form. It will ask you details about your personal information, as well as your purpose for the loan.

What are the eligibility requirements for a personal loan?

In order to, be eligible to get a secured loan there are few basic requirements that you’ll need to meet:

What information do I need to provide to get a secured personal loan?

To apply for a secured personal loan, you’ll need to have your contact details handy, as well as your internet banking details. We will also ask you to provide us with 100 points of ID.
To find out more about what is needed to make up the 100 points of ID this is a useful link to check out

If you receive government benefits, make sure you have those details handy.

Once you’ve submitted your application, make sure you keep an eye on your mobile phone for a call or email.

How much can you borrow with a secured personal loan?

With a secured personal loan, you can borrow up to $4,600 with Jacaranda Finance. If you’re looking for an amount of $2000 or less, an unsecured personal loan, we may be able to help you too. If you’re not quite sure if you qualify, your best bet is to apply, and let us take a look.

How long does the loan term last for?

A secured personal loan with Jacaranda Finance can carry a repayment term of 13 to 24 months.

How much do secured personal loans cost?

A secured personal loan carries with it an establishment fee of $400 plus 48% in annual fees.

Let’s look at an example of how much a secured personal loan would cost:

Say you would like to borrow $3000 repaid over 18 months:

How does repayment work?

Repayments on a secured personal loan work by setting up a direct debit with us. That way your payments can be made automatically without you having to worry about doing them all yourself.

Why do people apply for secured personal loans?

Secured personal loans can be used for a variety of different purposes. Here are some examples of reasons people choose secured personal loans for:

What are secured car loans?

Secured car loans are loans that allow you to borrow money to purchase a vehicle. The vehicle can then be used as the security for the loan.

What are secured car loan rates?

Secured car loan rates can vary from lender to lender. However, with Jacaranda our secured car loan rates are 48% (APR). Though to our comparison rate is 66.0347% per annum.

A good way to calculate how much your loan repayments will be to use a secured car loan calculator

Can you get secured loans if you have bad credit?

You can apply for secured loans if you have bad credit. We assess people on a case by case basis, so even if your credit rating is less than perfect you may still be able to get a secured personal loan with Jacaranda Finance. That’s because we understand your credit rating may not be true reflection of your actual relationship to money and credit. We prefer to look at your recent relationship with credit. We use the latest technology that allows us to look at your most recent financial transactions to see if you can safely manage financial obligations.

What’s the difference between secured and unsecured personal loans?

While secured and unsecured loans are both types of personal loans, there are a few factors that differentiate them from one another.

With secured loans you can usually borrow larger amounts since the lender is protected with a security.

Unsecured loans usually charge higher fees since they are riskier for the lenders.

If you default on your payments on the secured loan, the lender is legally liable to repossess your assets.

If you default on an unsecured loan the lender could pass you onto a debt collector.

Loan Terminology

Example of how our small personal loans work

Loan amount

$300 minimum
$2,000 maximum


Up to 20% Establishment Fee charged upfront + monthly fee up to 4%

Under the current legislation Jacaranda Finance Pty Ltd does not charge an annual interest rate. You may know this as Annual Percentage Rate or APR(%).

In APR terms, the maximum annual percentage rate on our loans between $300 and $2000 is 199.43%.


weeks minumum
weeks maximum


Loan Amount of $1,000 over 50 weeks repayable weekly $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $480 (fees based on 4% per month over 50 weeks) = $1,680 total repayable in 50 weekly installments of $33.60.

Example of how our medium secured personal loans work

Loan amount

$2,001 minimum
$4,600 maximum


Annual Percentage Rate (APR) is 48% Comparison rate is 66.0347% p.a.

This comparison rate is based on a Jacaranda Secured Medium Loan for an amount of $2500 over 2 years and a $400 establishment fee. Fees and charges are payable.


months minumum
months maximum


Loan Amount of $3,000 over 18 months repayable weekly $3,000 (Principle Amount) + $400 (Establishment Fee) + $1,378.87 (other fees) = $4,840.14 total repayable over 18 months with weekly instalments of $61.27.

For more information about the allowable fees and charges for SACCs & MACCs visit the MoneySmart website.

What our clients say

Secured Personal Loan What You’re After? Make Sure You Read This! Overall rating: 4.7 out of 5 based on 148 reviews.

Great easy application

5 5 1
Very fast easy to apply thank you so much