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8202 8331
  • Loan pre-approval in 7 working hours*
  • RAA members save
  • Flexible repayment terms
  • No monthly fees

Apply for a personal loan for debt consolidation, refinancing and more

We provide personal loans from $8,000 up to $100,000 for purposes like debt consolidation, refinancing, travel, home improvements or buying a vehicle. 

We offer competitive rates, fast approval and no monthly fees. Plus if you're an RAA member, you also get access to great savings on standard interest rates¹.

Applying online is quick and easy, with loan pre-approval within 7 working hours*. 

Interest rates

Enjoy competitive interest rates and no monthly fees with RAA Finance.
Plus, if you're an RAA member, you’ll save 1% p.a. off the standard interest rate and $100 off the establishment fee.

Secured loan interest rates
 Loan amount $8,000 - $24,999
 $25,000 - $34,999 $35,000 - $54,999 $55,000+
Member interest rate 12.05% p.a. 9.60% p.a. 8.90% p.a. 8.60% p.a.
Member comparison rate^ 12.50% p.a. 10.04% p.a. 9.34% p.a. 9.03% p.a.
Non-member interest rate 13.05% p.a. 10.60% p.a. 9.90% p.a. 9.60% p.a.
Non-member comparison rate^ 13.65% p.a. 11.19% p.a. 10.48% p.a. 10.18% p.a.
Unsecured loan interest rates 
Loan amount $8,000 - $20,000
Member interest rate 15.05% p.a.
Member comparison rate^ 15.50% p.a.
Non-member interest rate 16.05% p.a.
Non-member comparison rate^ 16.66% p.a.
Important information about comparison rates

^Comparison rates are based on a $30,000 Personal secured loan for a 5 year term. 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. Please check the loan terms and conditions (PDF, 600KB).

There are no monthly account-keeping fees with RAA Finance. A one-off establishment fee of $299 for RAA members and $399 for non-members, 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.

How do I apply?

  • Check your eligibility

    You need to be:

    At least 18 years old

    An Australian citizen or permanent resident 

    Living in SA or Broken Hill

    Earning a regular income

  • Gather your documents

    You need to have:

    Proof of identity

    Residential and employment details for the past two years

    Financial details including income, assets, expenses and liabilities

  • Submit an application

    Apply online or call us on 8202 8331.

    We'll let you know the outcome of your application within 7 working hours.*

  • We'll be in touch

    As a successful applicant, we’ll ask you for some documents and have you sign some of ours.

    We’ll arrange an EFT transfer.

Why choose RAA Finance? 

  • Pre-approval within 7 working hours*

    Achieve your dreams faster, with loan pre-approval within 7 working hours.*

  • Borrow from $8,000 up to $100,000

    You can borrow from $8,000 up to $100,000 with a secured loan and from $8,000 up to $20,000 with an unsecured loan.

  • Flexible repayment terms

    Choose fortnightly or monthly repayments, and a term of 3 – 7 years for a secured loan or 3 – 5 years for an unsecured loan.

  • Competitive fixed interest rates

    With our competitive fixed interest rates, you'll know exactly how much your repayments are for the full term of the loan.

  • No monthly fees

    With no monthly fees you’ll save even more.

  • RAA members save

    RAA members get 1% p.a. off the standard interest rate, plus get $100 off the loan establishment fee.



Frequently asked questions

  • What fees and charges are there?

    There are no monthly account-keeping fees. Before you start your loan term, you'll need to pay:

    • Establishment fee: $299 (RAA members), or $399 (non-members)
    • Personal Properties Securities Registration (PPSR) fee: $8 (if you're buying a vehicle with your loan)

    The PPSR is to check that the vehicle you're buying is debt-free, safe from repossession, not written off and not reported stolen.

    If you choose to repay your loan in the first two years, you'll pay an early termination fee of $225.

Read more FAQs

  • It's better to be a member

    RAA members can receive discounts on shopping and entertainment with RAA Rewards, enter exclusive competitions and access member-only services.
    Plus, we love to reward our loyal members with savings on select policies and products.
    Explore member benefits

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We're here to help

  • Call us

    Monday to Friday, 9am to 5pm
    8202 8331

  • Enquire online

    Send us a message and we'll contact you
    Enquire now

  • Find a shop

    Drop in and chat face-to-face
    Locate us

  • Frequently asked questions

    Visit our Help Centre for answers to FAQs, key documents and more
    Get help

Things you should know

*Subject to applicants satisfying all conditions. 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 BPAY or EFT 24-48 hours from settlement.

When deciding to purchase or hold an RAA Finance loan, consider the RAA Finance loan terms and conditions (PDF, 600KB) and Target Market Determination.

RAA Finance loans are provided by RAC Finance Limited ABN 77 009 066 862 Australian Credit Licence 387972 and are subject to RAC Finance lending criteria; conditions, fees and charges apply. Royal Automobile Association of South Australia Incorporated ABN 90 020 001 807 credit representative number 466848 is an authorised representative of RAC Finance Limited.

If you have any queries regarding your existing loan with Royal Automobile Association of South Australia Incorporated, trading as RAA Finance, please call 1300 651 812 or email finance@raa.com.au.

¹RAA members save 1% p.a. on the standard interest rate.