Step 1
Complete your rate quote
Get quotes in less than 60 seconds!
03 9468 8200
Compare your options
Same loan. Different paths to yes.
Banks, brokers and lendlab can all land you a personal loan or car loan — the difference is what happens between application and approval.
Seconds
To get pre-qualified, not days
You choose
The product, ranked by what matters to you
One lender
Bank
Pre-qualification
Full application needed to know where you standFull app needed
Product control
One product — take it or leave itOne product
Lender access
Their own products onlyOwn products only
Speed
Branch queues, manual reviewBranch queues
Fees
Disclosed, but not upfrontNot upfront
Obligation
Full application before you see real termsApply to see terms
Best for
Existing customers wanting one relationshipOne-bank customers
Bank rates vary by branch
A network, manually matched
Traditional brokerBroker
Pre-qualification
Manual review — can take days to hear backManual, days
Product control
Broker recommends what they think is bestBroker picks
Lender access
A panel — matched by memory, not live dataPanel, from memory
Speed
Manual document chasing, re-keyingManual chasing
Fees
Commission-based, often unclear upfrontOften unclear
Obligation
Pressure to proceed once docs are inPressure to proceed
Best for
Borrowers across mortgages, cars and loans in one placeAll loan types
Depends on the broker
A network, verified live
lendlab
Pre-qualification
Instantly pre-qualified within secondsSeconds
Product control
You rank what matters — rate, fees, speed or docsYou rank it
Lender access
Full panel, checked against live lender policyFull panel, live
Speed
Automated processing, fewer manual stepsAutomated
Fees
Built into your quote, before you commitIn your quote
Obligation
See your rate first. No obligation to proceedNone to proceed
Best for
Personal loans and car finance — that's all we doPersonal & car loans
What we offer
$
Loan Amounts*
$10K - $150K
⏱
Loan Terms
2 to 7 years
✓
Early Termination Fees
No
%
Interest Rates*
From 5.95%
#
Comparison Rates*
From 5.95%
↻
Repayment Frequency
Weekly, Fortnightly or Monthly
±
Rate Type
Fixed & Variable
◫
Loan Type
Secured & Unsecured
Our 4 step process
lendlab removes the hassle of finding a great-value loan. Our straightforward four-step process saves you time and puts you first—every time.
Get a Quote
Step 2
Revise your quote
Edit your loan amount and term.
Step 3
Complete your application
Upload any required documents.
Step 4
Choose your product
Sign your credit proposal and get approved confidently.
The trust we've earned
5.0
Based on 2,000+ Reviews
FAQs
Frequently asked questions
How long is my quote valid for?
Generally, your quote remains open for 72 hours, however, if it's not showing cancelled, it still may be available. These rate offers are current and may change as you shop around and apply directly to lenders as further enquiries may hit your credit file. We have also workshopped this rate with the lender, so going directly to lenders does not mean you will get the same rate.
Does your process impact my credit score?
No, we do not perform hard credit checks. Your credit rating is determined through a soft check as part of the assessment process. A soft credit check is done without affecting your score. This helps us tailor the loan product and interest rate based on your overall profile, including employment status, whether you are asset backed, savings, and other factors.
When will you do a credit check on me?
There are lenders on our panel that do not perform an upfront credit check unless you're approved. If you prefer that option, select this product if it's available in the quote card. Our process, before submission, has no impact on your credit score and there's no obligation to proceed if you're not happy.
How do I edit the loan amount?
You can edit the loan amount once you receive your quote in the portal. For a loan amount of more than $75k, we'll need to complete a full assessment to explore the options. You'll need to select the quote and complete your application with supporting documents so the team can perform the assessment.
I have my quote, what do I do next?
Once you've reviewed the quote options and are happy with the term and loan amount, click the orange Select this quote button to proceed.
Please pay attention to the loan type (e.g. lowest rate, quick turnaround, no upfront credit check) and choose the option that best suits you. Please note some of the options may be the same product.
You'll then be guided to complete the remaining questions and upload your supporting documents. Once submitted, your analyst will assess your application and, if you meet the lender's minimum requirements, will send you a full product proposal outlining all costs.
What is an establishment fee?
An establishment fee is the lender's fee. It's already included in the monthly repayment amount we quoted you. When you submit a full application, we'll give you the complete, clear breakdown of every cost. The whole assessment is risk-free and has no impact on your credit score.
Still have a question? Call us on 03 9468 8200 or email apply@lendlab.com.au
Get your FREE quote- Rates and repayments indicated are estimates only and are subject to change at any time without notice. Displayed loan options do not constitute an offer for credit.
- Unsecured fixed rates from 5.95%* to 29.99% (comparison rate 5.95%). Loan amounts from $10K - $150K.
- Secured fixed rates from 5.67%* to 29.99% (comparison rate 6.90%). Loan amounts from $10K - $400K.
- Loan terms from 2 to 7 years.
- Comparison rate based on rates available for a 5 year, $30,000 unsecured personal loan for a borrower with excellent credit history. This comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Lending criteria, fees and conditions apply.
- Lenders application fees vary but can range from $0 - $995. Ongoing monthly fees range from $0 - $15.
- Brokerage fees may apply, refer to our credit guide for further information.