0eligible for a personal loan

Are you eligible for a personal loan with APS Benefits? APS Personal Loans are perfect for those who want to consolidate debt or need help covering unexpected costs such as car repairs or medical bills. At APS Benefits, you can apply for a Personal Loan between the value of $500 to $25,000. Our current interest rates are 12.90%p.a. You can use our personal loan calculator to determine your loan payments based on your preferred loan amount.

The benefit of having a personal line of credit loan is that you can redraw up to the approved amount of your loan should you come across any unexpected costs or financial emergencies. Learn more about line of credit loans here.

Are you eligible for a Personal Loan with APS?

To be eligible for the minimum loan amount, you need to meet the following criteria:

  • Over 18 years of age
  • Australian resident
  • An income of at least $25,000 p.a.
  • Ability to comfortably service the loan


What information do I need to provide in the application process?

During the Personal Loan application process, you will need to provide the following information:

  • Amount required and the purpose of the loan
  • Borrower and co-borrower (if applicable) details
  • Fortnightly income information
  • Statement of assets and liabilities 
  • Employment details 
  • Declarations and agreements 


Ready to apply for a Personal Loan?

If you are eligible for a Personal Loan, please complete the application form online in a few quick and easy steps.

Keep in mind that if you are not already an APS member, you will need to apply for membership when you apply for your loan. When you become an APS member, you will receive a funeral benefit and have access to a wide range of other APS Benefits services including Savings, Financial Planning, Wills and Estates, Tax and Accounting and much more. You can learn more about APS membership here.