23/12/2016 · Compare some of Australia's best secured personal loans. Secure your personal loan on an asset, such as a car, to enjoy a lower interest rate. Compare the features of different secured personal loan options to find one that best suits your needs. Use filters to improve your ;· Secured Personal Loans. A secured personal loan lets you use an existing asset such as a car as security to borrow money. In return, you generally pay a lower interest rate as there is less risk to a lender. Compare secured loans in Australia with Mozo and use our expert tables and reviews to find a loan to fit your over 150+ personal loans by expert ratings. Use our free comparison service to view secure and unsecured personal loans, interest rates, features and ;· Secured personal loans have less risk to the lender and as such, come with a lower interest rate. The most common secured personal loan in Australia is a car loan. A secured personal loan can also be used for other purposes beyond car purchase. However, in such cases, the value of the asset you use (as security) needs to be equal to or greater than the loan ;· Secured personal loans are generally cheaper than unsecured personal loans. Providing the lender an asset as security reduces the lender's risk and the cost of the Personal Loans - Compare Today’s Rates | MozoPersonal Loan Comparison Australia | MoneyMe150+ Unsecured/Secured Personal Loan Rates Compared | CANSTARBest Secured Personal Loans from | RateCity20/08/2021 · If you get an unsecured loan the average interest rate is around 12-14% while a secured personal loan is between 8-12%

Tags: