1. What is a Secured Personal Loan?
A secured personal loan is a type of loan that requires collateral, also known as security. This means that you’ll need an asset to attach to the loan, providing assurance to the lender. If you cannot repay the loan, the lender has the right to take possession of the asset and sell it to recover the loan amount.
By offering collateral, you demonstrate your commitment to the loan, making you a less risky borrower in the eyes of the lender. This can increase your chances of qualifying for larger loan amounts and more competitive loan terms.
About Our Secured Personal Loan
Our Secured Personal Wonder Loan offers swift financial assistance tailored for hardworking Australians facing substantial expenses. While obtaining your loan may entail providing a bit more information, we prioritize only the essential details. Featuring loan durations of up to 48 months and adaptable repayment plans, we streamline the process of managing significant life expenditures.
Why secure your loan with Wonder Loans ?
By attaching a car or other vehicle to your loan as security, you can unlock the following benefits with a Secured Personal Loan:
- Borrow from a trusted lender
- Loans from $5,000 to $25,000
- Choose your loan terms: 24 – 48 months
- Fixed interest rates to help you budget
- Flexible repayments
- If approved, get your money within 60 seconds (NPP-enabled bank accounts only)
2. What can you use our Secured Loans for?
Home Renovations
From cracked tiles to a leaky roof, we can help you sort out those much-needed repairs you’ve been putting off.
Debt Consolidation
Consolidate multiple debts into one easier-to-manage repayment with a Wonder Loans debt consolidation loan.
Holidays & Travel
Our holiday loans could provide the funds you need to head off on your next adventure.
Medical Bills
You can turn to Wonder Loans for a personal loan to help pay for any large medical bills.
2. What can you use our Secured Loans for?
Home Renovations
From cracked tiles to a leaky roof, we can help you sort out those much-needed repairs you’ve been putting off.
Debt Consolidation
Consolidate multiple debts into one easier-to-manage repayment with a Wonder Loans debt consolidation loan.
Holidays & Travel
Our holiday loans could provide the funds you need to head off on your next adventure.
Medical Bills
You can turn to Wonder Loans for a personal loan to help pay for any large medical bills.
3. Secured Loan Rates & Fees
Our Secured Loans are affordable, and our rates and fees are transparent. Wonder Loans has no hidden charges:
Unsecured Personal Loan $5,000 – $15,000
Secured Personal Loan $5,000 – $25,000
Please note: This is not a credit offer. Borrowing amounts and offers may vary upon completing an application and verifying all relevant details. Fees, credit criteria, and terms and conditions apply. Tables and calculators provided are for illustrative purposes only and should not be relied upon as the sole source of information for financial decisions. It is advisable to seek advice from a licensed financial adviser.
4. Easy Application Process
A secured personal loan is a type of loan that requires collateral, also known as security. This means that you’ll need an asset to attach to the loan, providing assurance to the lender. If you cannot repay the loan, the lender has the right to take possession of the asset and sell it to recover the loan amount.
By offering collateral, you demonstrate your commitment to the loan, making you a less risky borrower in the eyes of the lender. This can increase your chances of qualifying for larger loan amounts and more competitive loan terms.
5. FAQ
Want to know more? Here are some of our most frequently asked questions about our Secured Loans.