Loans > Personal loans > Unsecured Personal Loan

Unsecured Personal Loans

  • Borrow up to $25,000
  • Requires APS membership

Interest rate

Repayment calculator

How to apply


Rate and term

12.9% p.a

Comparison rate: 12.90% p.a




Access a redraw facility

‘Top up’ your loan when you need to for a small fee of $50. Use this loan as a flexible line of credit.

A fixed rate for more control

Having a fixed rate and length of the loan means you know exactly what your repayments will be.

Make extra contributions

Pay off the loan whenever it suits you. No additional fees or maximums apply.

Fast tracked loan approval

If you’re eligible, you could have a loan approved in as little as 48 hours.

Repayment calculator

1. Choose an amount you might want to borrow, up to $25,000
2. Add the interest rate (12.9%)
3. Add loan duration, up to 84 months (7 years)





How to apply

Who can apply

  • You must be over 18 years old
  • You must be an Australian resident

What you need

  • Driver’s licence or proof of identity (if new member)
  • Your last 2 payslips and other income
  • Employment and income information

Apply online in minutes

You’ll be notified by email when your application is successful. Access to APS online will then be available to you.

Managing your loan

Use the APS member login to access your loan, make repayments or even top up your loan.

“Great to deal with. I don’t have the best credit history and Tony was happy to help when banks wouldn’t.”

“Always exceptional customer service. APS make the loan application process so easy and effortless.”

“Wonderful compared all the other lenders. They help you when life throws curve balls – tough times.”

We’re here to help

Write to us


1300 131 809
9:00am to 5:00pm


Send us an email at

Drop in

440 William Street, West Melbourne VIC 3003, Australia 

Tips for managing your personal loan

APS members

Are you eligible for a Personal Loan?

Personal Loans are perfect for those who want to consolidate debt or need help covering unexpected costs

approved for personal loan

How do I apply for a Personal Loan?

You can apply for an APS Personal Loan online in a few quick and easy steps. You are required to become a member of APS Benefits Group

personal loans applying

Your line of credit loan: everything you need to know

Your APS Personal Loan is essentially a line of credit loan – you can redraw up to the approved amount of the loan


Do I need to be a member of APS Benefits?

Yes, you need to be a member of APS Benefits Group. Being a member entitles you to more
than a funeral benefit. You also have access to our wide range of personal and financial services such as Tax & Accounting, Wills & Estates, Financial Planning, APS Savings and
Mortgage Broking.

Are there any application fees or similar charges?

The only fee you will incur is if you top-up your loan. You will then be charged a top up fee (currently $50) and this fee is added to your new loan.

How long will it take to obtain approval of a loan?

Approval may be obtained within one business day.

Can I pay off my loan early?

All APS loans can be paid out whenever you like, without penalty.

I do not have a good credit history and have defaults listed, will I be eligible?

Yes, applications will be assessed on a case by case basis. We do have loans for members
who are credit impaired but charge 13.9% and 14.9% and use the loan funds to pay any unpaid defaults.

What happens if I can no longer afford my loan repayments?

If you can no longer afford your loan repayments, we ask that you contact the APS loans team to arrange an amicable repayment plan. If you are experiencing challenges that affect your ability to repay your loan, we will work with you to make necessary adjustments.

Can I take out a second loan, even if I already have one?

Yes. You can have multiple APS Loans but must demonstrate your ability to comfortably meet all the repayments

What interest rate will I be charged?

The current rate is 12.90% p.a

Will these loans be secured or unsecured?

All loans will be unsecured.

How can I repay this loan?

Loan repayments must be made by either allotment from your salary or direct debit from your bank account. Repayments from a bank account may be made weekly, fortnightly or monthly.

Are there any penalties for early repayments?

No, you can make extra repayments and repay the loan at any time without penalty.

What is the maximum term?

The maximum term for line of credit loans is seven years.

Am I eligible if I am self-employed?

Yes, you are eligible, however, we would generally require that you have been self-employed for at least one financial year and will need to supply an ABN and taxation returns.

My partner is also a member. Can we each apply for a $25,000 loan?

Yes, you can both apply for a loan as long as it can be demonstrated that you can meet both repayments.

If I top up my loan, how long until I receive the money?

If the request is received prior to 2pm Melbourne time, the money is usually transferred to your financial institution that day. If the request is received after 2pm or on a weekend, it will be transferred the next business day.

What's the minimum personal loan I can get?
The minimum personal loan is $500.


Important information
Terms, conditions, fees, charges and lending criteria apply and are available on application. The information above is general advice only and does not take into account your personal objectives, financial situation or needs and you should consider if it appropriate for you.

1. Comparison rate calculation is based on a secured loan of $10,000 for a term of 3 years with fortnightly repayments unless otherwise stated. WARNING: The Comparison Rate applies only to the examples given and may not include all fees and charges. Different amounts and terms will result in different comparison rates. Costs such as redraw fees (top up fees), dishonour fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.

See comparison rate schedule

FREE E-BOOK5 steps to confidently grow your savings (even during a recession!)
Welcome to the new APS Benefits website

We would love your feedback in a quick survey