top of page
ExcitedCouple.jpg

life event loans
a loan for your ideal day

Quick and easy online application
Same day funding
One manageable repayment 
​No fees
Great comparison rates

Earn interest rate discounts 

2

Once approved, you could have your funds within 24 hours

Just 3 steps with our simple online application

how to apply

Once approved, you could have your funds

within 24 hours

Just 3 steps with our simple online application

step 1

check your 

eligibility

step 2

apply

online

step 3

we'll contact you

Once you submit online, we'll be in touch to proceed, keeping you updated as your application progresses

Learn More

life event loan detail

transparent and supportive lending

Celebrating your wedding, engagement, birthday, or other special event? If you're finding you're not quite there with savings, a life event loan could be for you. Read on to find out more!

Secured loans of $4,000 - $30,000

Loan term of 1 - 5 years

No fees

No penalties for early loan repayment

Weekly, fortnightly, or monthly repayment options

Competitive interest rates from 20.50% to 39.00%

(APR 16.72% - 35.28%)

Same day funding

Earn discounts with our great offers below!

Module Discounts

Complete 12 quarterly financial education modules to receive up to 3.50% in interest rate discounts!

Please click here for more information on our Financial Wellbeing Modules

Salary Split Discount

Set up a worry-free repayment schedule via your payroll, and receive a whopping 2.00% off your loan! 

Please click here for more information on Salary Split

Refer A Friend Offer

Receive $100 off your loan when you refer a friend and their loan is settled with us - with no limits on the number of referrals!

Please click here for more information on our Refer A Friend offer

1

2

3

4

5

learn more about
personal loans

LOW INTEREST PERSONAL LOANS WITH SALT & Lime

Thinking about finally settling down or buying that dream engagement ring you’ve wanted for years? A Salt & Lime personal loan can help. With transparent personal loan rates, flexible and manageable repayments and no ongoing fees, our loan options simplify the path to achieving your financial goals. 

With our secured personal loans, applicants can borrow up to $30,000 with personal loan interest rates starting from 20.50% (APR 15.95%). But what makes our loan options really special is the range of perks you’ll receive for being a Salt & Lime customer. 

Rate discounts, referral Bonuses
and
more 

Salt & Lime strive to help borrowers improve their financial well-being long after their loan is paid off. With our education financial modules, not only will you be able to develop long-lasting money management skills, but once you’ve completed 12 quarterly modules, we’ll slash up to 3.50% off your personal loan interest rate.

 

Borrowers can also set up a salary deduction schedule to make their loan repayments stress-free and receive a 2.00% rate discount on their loan. And if you have a friend who could also benefit from a Salt & Lime personal loan, once their loan is settled, we’ll take $100 off your loan - and theirs!

other personal
loan
options

After something more specific? Aside from standard low interest personal loans, Salt & Lime also offers competitive rates on secured car loans, ensuring you get the keys to your new ride as soon as possible. 

 

Or if you’re looking to get debt-free for good, our flexible debt consolidation loan combines multiple debts into one manageable payment, helping you achieve financial freedom all the more faster and easier. 

FREQUENTLY ASKED QUESTIONS

The Important Detail

Loan Amount: The Loan amount is subject to a minimum of $4,000 and a maximum of $30,000, secured by an owned vehicle.

 

Loan Term: The Loan term ranges from 1 to 5 years, as agreed upon by both parties.

Repayment Options: Repayments can be made on a weekly, fortnightly or monthly basis.

No Fees: No fees will be charged for the Loan, including for the establishment, settlement, or ongoing account keeping; and no penalties charged for early loan repayment.

Interest Rates: Interest rates range from 20.50% (APR 15.95%) to 39.00% (APR 33.02%). All rates displayed on this website are calculated on a per annum basis.

(1) APR: APR is the Annual Percentage Rate, or comparison rate, inclusive of fees and charges. Given there are no fees on Salt & Lime products, and borrowers may earn discounts to reduce interest rate over the life of the loan, the APR is lower than the advertised interest rate. To achieve a lower APR, customers will need to complete one or more of the 12 provided financial education modules, and/or register for Salary Split, where interest rate discounts are applicable. The advertised APR is calculated based on a secured loan amount of $10,000 over a term of 3 years, on a monthly repayment schedule, with all discounts applied as soon as they become available to borrowers (i.e. assumes modules are completed in the same month they are sent, and Salary Split is applied at the start of the loan). Example: A borrower with good credit borrowing $10,000 over a term of 3 years with monthly repayments, including an interest rate of 20.50% (APR 16.72%) and no fees - and where all financial education modules are completed over the life of the loan, and Salary Split interest rate discount is applied - would pay a monthly repayment of $377.72 and a total amount of $12,564.33.

Interest Rate Discounts: Borrowers may earn interest rate discounts by completing financial education modules provided over the life of the loan.

(2) Same Day Funding: Same day funding can be achieved if all required documents are received on the same day as requested, received in a reasonable timeframe prior to close of business.

(3) Module Discounts: A total of 3.50% in interest rate discount can be achieved over the life of the loan for completing financial education modules, where all 12 financial education modules will need to be completed for the full discount to be applicable. The first module will attract 0.75% in interest rate discount, and each module thereafter (11) will attract a discount of 0.25% each. Please note that the interest rate discount will place a borrower in advance on their loan, and will not alter the current contractual repayment amount. Please note that loans originated prior to 15 December 2022 can only achieve a maximum of 2.75% in interest rates discounts over the life of the loan, as an additional first module (attracting 0.75% interest rate discount) was introduced on this date. 

(4) Salary Split Discount: A 2.00% interest rate discount can be achieved if the borrower successfully arranges a Salary Split, where repayments are made directly to the lender via the borrower's payroll. Borrowers will receive supporting forms at settlement, and may also request these forms to be re-sent at any time. The borrower must provide confirmation that the direct debit has been established in order for the discount to be applicable. Please note that the interest rate discount will place a borrower in advance on their loan, and will not alter the current contractual repayment amount.

(5) Refer A Friend Offer: A $100 discount can be achieved on the remaining balance of a current borrower's loan when they refer a friend using their unique referral code. Once the new referred borrower's loan has settled and the referral code verified, the discount will be applied. A $100 discount will also then be applied to the new borrower's current loan balance. There are no limits to the number of new referrals that a current borrower can make. Please note that the $100 discount will place a borrower in advance on their loan, and will not alter the current contractual repayment amount.

Security: The Loan will be secured by a registered security interest over the borrower's vehicle, as specified in the loan agreement. Borrowers must maintain comprehensive insurance on the vehicle for the life of the Loan and provide evidence of insurance upon request.

bottom of page