Make it easier to manage your debts
Loans for debt consolidation
If you’re struggling to pay off your debts, an ANZ Personal Loan could give you greater control over your finances and help you save on interest.
Keep things simple
Consolidate your debts into one loan. If approved you could have:
ANZ Variable Rate Loan
The freedom to pay off your loan earlier with no exit fees
- No exit fees if you pay your loan off early
- Flexibility to increase your loan amount
- Same day cash in your ANZ everyday account if approved in branch by midday Mon-Fridisclaimer
ANZ Fixed Rate Loan
You’re protected from interest rate movementsdisclaimer
- Certainty that your repayments won’t change
- Control over your budget
- Same day cash in your ANZ everyday account if approved in branch by midday Mon-Fridisclaimer
How does debt consolidation with an ANZ Personal Loan work?
Having multiple debts can be a little stressful at times. You might find yourself juggling several repayments coming out of your account at different times.
To help make your debts easier to manage, you could consolidate your existing debts into one easy to manage loan.
You can do this by applying for an ANZ Personal Loan and, if approved, using the funds from this loan to pay off your other existing debts, and then repaying your ANZ Personal Loan back over a set term. And in most cases, ANZ will be able to disperse the loan funds directly to the other lenders on your behalf to pay off your other debts.
The key benefits of consolidating your debts with an ANZ Personal Loan can include:
- having only one set of regular repayments to make;
- potentially paying less in fees and charges and being able to get a lower overall interest rate when compared to your existing debts; and
- having a clearer timeline to the day you can pay off your debt.
Examples of the types of debts that can be consolidated with an ANZ Personal Loan include credit cards, car finance, other personal loans, outstanding tax debt, store cards, and hire purchase instalment plans.
Complete the application in about 10 minutes
Please make sure you have the details handy – we’ve listed them below.
We'll respond to your application
We’ll email you to confirm your application has been received and explain the next steps.
If approved, you'll receive the funds
If you accept our offer, we’ll put the money in your account.
Check you're eligible
You must:
- Be at least 18 years of age or older
- Earn a minimum of $15,000 per year
- Be an Australian citizen, permanent resident or have a valid visa
Details to have handy
You'll need:
- Details of your income, assets, expenses and financial commitments
- Your driver's licence, ANZ Account Number or Customer Registration Number (if you have them)
- If you're new to ANZ, you'll need any two of your Australian driver's licence, Medicare card, Australian passport, or Australian visa.
What happens next
- Complete the application. We’ll email you confirming we've received your application. We may also ask you to provide the documents verifying your financial details.
- If your loan is approved, you’ll receive a letter of offer to review.
- If you accept our offer, we’ll put the money in your account. New to ANZ? We'll also ask you to call us to verify your identity first.
Other ways to apply
All applications for credit are subject to ANZ’s credit assessment criteria. Terms and conditions are available on application. Fees and charges apply. Australian credit licence number 234527.
Actual repayment amounts may vary. To find out actual repayment amounts on your ANZ Personal Loan please contact us on 1800 801 485 between 8am to 8pm (AEST) weekdays.
Back to topRates as at and subject to change.
Back to topThis comparison rate is based on a $30,000 Personal Loan for a five year term. This rate is applicable for unsecured loans only.
WARNING: This Comparison Rate is 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.
Applications must be submitted at an ANZ branch, and approved before noon Monday to Friday (AEST), and customers must have approved funds deposited into an existing ANZ Everyday account. For a full list of ANZ everyday accounts, please contact us on 1800 801 485 between 8am to 8pm (AEST) weekdays.
Back to topEarly repayment costs apply if you repay your loan early during a fixed interest rate period.
Back to topTotal loan repayments and repayment amount
For an ANZ Secured Car Loan, the total loan repayments shown is an estimate based on the total loan repayments, total interest and the Loan Administration Charge of $5 per month, but does not include the Establishment Fee of $350 and other fees which may be incurred such as late payment fees. The repayment amount is an estimate based on the loan amount, interest and the Loan Administration Charge of $5 per month, but does not include the Establishment fee $350. If the Establishment Fee is financed as part of the ANZ Secured Car Loan, the regular repayment amount will be higher than the amount stated on the calculator.
Back to topComparison rate
For ANZ Variable and Fixed Rate Personal Loan
For the purposes of this calculator, the following default interest rates are used and are subject to change:
Fixed interest rate: (comparison rate: )
Variable interest rate: (comparison rate: )
WARNING: 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.
Back to topInterest rate
For ANZ Variable or Fixed Rate Personal Loan
For the purposes of this calculator, the following default interest rates are used and are subject to change:
Fixed interest rate: (comparison rate: )
Variable interest rate: (comparison rate: )
WARNING: 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.
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