Personal Loans
Borrow with a fixed rate and a clear plan.
Fixed rate personal loans for consolidation, major purchases, and life events.
Overview
About Personal Loans
An OBS Personal Loan gives you a lump sum with a fixed rate and a fixed term. Use it to consolidate higher rate debt, cover a major expense, or fund a life event.
Every payment reduces both interest and principal on a predictable amortisation schedule.
Rates
Interest and APR
- Fixed APR
- 7.99% to 24.99%
Illustrative example. Based on creditworthiness and term.
Fees
Fee schedule
- Origination fee
- 0% to 6%
- Late payment fee
- $15
- Prepayment penalty
- $0
Illustrative example. Based on term and creditworthiness.
Illustrative example
Values shown are illustrative examples for this preview and do not constitute an offer, approval, or contractual quotation. Actual rates and fees depend on your profile, region, and eligibility.
How it works
Getting started
- 1
Check your rate
Answer a few questions to see personalised offers with no credit impact.
- 2
Choose your term
Pick the loan amount and term that fits your budget.
- 3
Sign and receive
eSign your loan agreement and funds arrive in your account.
Eligibility
- Age 18 or older
- Verifiable income and employment
- Credit assessment based on your history
Requirements
- Valid ID
- Proof of income
- Bank account for disbursement
Documents to prepare
- Government issued photo ID
- Recent payslips or tax returns
- Bank statement
Try the numbers
Estimate before you apply
Use the calculator below to model an estimate. Results are for guidance only and do not constitute an offer.
FAQs
Frequently asked
Still have a question? Message an OBS specialist from Secure Messaging any time.
Ready to begin
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