Personal Loans to help with Renovations, Debt Consolidation, Weddings, Holidays and more…

Personal Loans are a cost-effective way to make smaller purchases without adding the expense to a high interest credit card, increasing your mortgage or turning to a pay day lender. The last thing you want to do is risk adversely affecting your credit rating, so a personal loan is a much better option for most.

Platform Direct Finance offers both secured and unsecured personal loans, giving you the option to provide an asset against the loan as security. Generally, the interest rate will be lower with a secured loan, as the lender considers the risk to be lower.

With our wide range of personal loans, you can borrow between $2,001 and $70,000 depending on the purpose of the loan. With over 40 lenders on our panel, we’ll work hard to find the right loan product for you.

What can I finance with a personal loan?

You may have personal goals or projects that require a bit more cash to turn it into a reality. We can help with personal loans for:

  • Debt Consolidation
  • Home Improvements and Renovations
  • Home Furnishings and Technology
  • Education Fees
  • Holidays
  • Weddings
  • Dental Work
  • Medical Procedures
  • Gap Finance
  • Legal Fees

Debt Consolidation Example

With interest rates at an all-time low, there has never been a better time to review your finances and consider consolidating multiple loans into one simple repayment.

If you have a couple of credit cards, an old car loan and a personal loan with a high fixed interest rate, you could save thousands a year on repayments. Consolidating your debt into one competitive loan with a single lender could reduce your interest payments, fees and repayments considerably.

Common example:
Credit Card (spouse 1) = $5,500
Personal Loan (spouse 1) = $11,000
Credit Card (spouse 2) = $2,800
Car Loan (spouse 2) = $6,500
TOTAL DEBT = $25,800

• All with different Lenders
• All with different repayment schedules
• All with varying interest rates

Refinancing these four loans into one could reduce your interest rate and your repayments, saving you thousands over the life of the loan.

Home Improvement Example

A personal loan can be an ideal option for smaller renovations or home improvement projects under $50,000. It can allow you to finally build that deck you have always wanted, or renovate your dated bathroom, or just give your house a facelift with a new coat of paint.

Utilising a personal loan means you won’t have to access the equity that you have worked hard to build-up in your home loan. You can also avoid redrawing on the extra repayments that you have made on your mortgage.

Personal loans also often have a lower interest rate than credit cards, and there is no need to provide collateral if you choose an unsecured loan.


If you would like to talk to one of our finance experts, call us on 1300 554 553 or visit our Personal Loans page or enquire below today. We are here to help.


Personal Loan Enquiry

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