Whether you're consolidating your debts or it’s time to refinance your existing car loan, RAC Finance offer loans that are simple, easy and most importantly a really great deal.

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Low interest rates and no monthly fees

Loan amount Interest rates Comparison rate*
$45,000 and over 6.20% p.a. 6.58% p.a.
$25,000 - $44,999 6.70% p.a. 7.08% p.a.
$15,000 - $24,999 7.50% p.a. 8.21% p.a.
$8,000 - $14,999 9.00% p.a. 10.86% p.a.
All unsecured loans 13.50% p.a. 15.41% p.a.

Product benefits

  • No monthly fees on your loans
  • Quick turnaround
  • Competitive fixed interest rates
  • Choose from a 3 to 7 year loan term


How do I apply?

Apply online or speak to a consultant at the Contact Centre on 13 17 03. Alternatively drop in to a Member Service Centre. 

How long will it take?

A Loan Assessor will contact you within 7 working hours of your application being submitted. If you’re pre-approved and get your paperwork back to us by noon on any business day, you can sign your loan documents the following business day at one of our Member Services Centres.

How long until I get my money?

Once a loan is approved, documentation will be available for you to sign over email or at your choice of Member Service Centre. If you prefer a cheque, it will be available for collection. Funds transferred electronically will be paid 24 - 48 hours after signing.


Terms and conditions

* Applications subject to RAC Finance Limited lending criteria. Fees and charges are payable. Funds available via cheque within 24 hours, provided that customers supply required documentation to RAC Finance by mid-day on any working day. Terms and conditions apply. Australian Credit Licence 387972.

* 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.