Why choose RAC Finance?


Competitive interest rates from 7.95% p.a. (Comparison rate 8.45% p.a.)

Afford your dream car sooner.

No ongoing fees

We won’t charge you any monthly fees on your loan.

Quick turnaround

Get your loan pre-approved within 7 working hours.*

Sign online with DocuSign

Quick, easy digital signing option.

Flexible loan terms

Choose from 3-7 years.

Flexible repayment options

Monthly or fortnightly by BPay or direct debit.

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 $349 $349 $349
Ongoing fees
Ongoing fees None None None
Early Repayment fees
Early Repayment fees $400 in the first 2 years $400 in the first 2 years $400 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.

Giving back to members and the WA community

Stylised graphic of parents with their two children

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 terms and conditions: 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 electronic signing the following business day and the funds will be processed by BPAY or EFT – 24-48 hours from settlement. Time frames may vary depending on your bank. Terms and conditions apply. Australian Credit Licence 387972. View useful RAC Finance documents regarding your loan.

Loan comparison rate: The comparison rates are based on a $30,000 personal secured loan for a five year term. Warning: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts will result in different comparison rates.

This information may be regarded as general advice. That is, your personal objectives, needs or financial situation were not taken into account when preparing this information. Accordingly, you should consider its appropriateness, having regard to your own objectives, financial situation and needs before acting on it.