Whatever you need a personal loan for, RAC Finance can lend you just about any amount of money at great rates, flexible payment options and a loan term to suit you. Get your personal loan with a local WA brand you can trust.

What is the purpose for your personal loan?

Purchase a new or used vehicle^ .this is the choice. Refinance or consolidate your debts Other worthwhile purpose Unsecured Loan
Refinance your current vehicle loan for a better deal or consolidate your debts into one easy repayment A secured loan to renovate your home, go travelling or any other worthwhile purpose An unsecured loan for home owners for any worthwhile purpose like a wedding, house renovations or a holiday
Loan security
Loan security Your current vehicle^* Your current vehicle^* No security (you must be a home owner)
Personal or Business use
Personal or Business use Personal or business use for car refinance only Personal use Personal use
Pre-approvals Within 7 working hours* Within 7 working hours* Within 7 working hours*
Loan amount
Loan amount $8k - $100K $8k - $100K $8k - $20K
Loan term
Loan term 3 - 7 years 3 - 7 years 3 - 5 years
Establishment fee
Establishment fee $299 $299 $299
Ongoing fees
Ongoing fees None None None
Early Repayment fees
Early Repayment fees $225 in the first 2 years $225 in the first 2 years $225 in the first 2 years
Extra payments without a fee
Extra payments without a fee Yes Yes Yes
Repayments Fixed fortnightly or monthly Fixed fortnightly or monthly repayments Fixed fortnightly or monthly
Apply Apply Apply

Loans for almost any purpose

new car

Car Loan

A personal loan can be just what you need so you can afford to upgrade to something newer.
money bag

Debt Consolidation

Personal loans are a good option to consolidate your debts and organise finances. There's no better time to get control of your finances than now.
house needing repairs

Home improvements

If you've got an endless list of DIY home improvement projects you can't wait to start but can't quite afford, a personal loan can be a great way of bringing your projects to life.


Holiday or travel

Are you looking for a well-earned getaway? A personal loan can help you afford the holiday you really want.

Fixed interest rates from only 5.70%

Loan amount Interest rates Comparison rate2
Secured loans
$8,000 - $14,999 8.50% p.a. 10.52% p.a.
$15,000 - $24,999 7.00% p.a. 7.77% p.a.
$25,000 - $44,999 6.20% p.a. 6.61% p.a.
$45,000 and over 5.70% p.a. 6.11% p.a.
Unsecured loans
All unsecured loans 13.00% p.a. 15.07% p.a.

There are no monthly account-keeping fees with RAC Finance. A one-off establishment fee of $299^ plus an $8.00 Personal Properties Securities Registration (PPSR) fee may apply. An early termination fee of $225 may apply if a loan is paid out in the first 24 months.

Why get a loan with RAC Finance?

  • RAC Finance does pre-approvals
  • Competitive interest rates with no monthly or ongoing fees. None.
  • Fixed interest rate
     - Rate is fixed for the term of the loan so your repayments remain the same, even if official rates increase.
  • Flexible loan terms from 3 to 7 years
  • Flexible repayment options
     - Monthly or fortnightly by BPAY, direct debit, cash, cheque or at an RAC Member Service Centre.

* Applications subject to RAC Finance Limited lending criteria. Fees and charges are payable. If the conditions of your loan have been met, the loan contract will be available for signing the following business day and the funds will be processed either via cheque, BPAY or EFT 24-48 hours from settlement. Time frames may vary depending on your bankTerms and conditions apply. Australian Credit Licence 387972.

View useful RAC Finance documents regarding your loan.

What is the power of membership?


You become part of RAC

We don’t have shareholders, just members. We reinvest our profits back into our members and the community for the better of WA.

More about RAC

Member benefits

Discounts & special offers

As an RAC member, you get access to great benefits, like discounts on over 100 retail partners and RAC products & services.

Discounts & special offers

RAC for WA

Creating a better WA

By being a member, you support the work we do around road safety, the environment and mobility to create a better WA.

Giving back to WA

Loan comparison rate
Comparison rates for secured loans between $8,000 and $14,999 and all unsecured loans are based on a $10,000 loan over 3 years. Comparison rates for secured loans between $15,000 and $24,999 are based on a $20,000 loan over 4 years. Comparison rates for secured loans over $25,000 are based on a $30,000 loan over 5 years. The comparison rates are 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.