Call us Monday to Friday, 9am to 5pm
  • Get your loan pre-approved in 7 working hours* and receive the money fast
  • Flexible repayment terms
  • No monthly fees
  • RAA members save

Apply for a fixed rate loan with flexible repayment options

We provide personal loans for many worthwhile purposes, including for a car, travel, home improvements, refinancing and debt consolidation.

We offer competitive rates, fast approval and no ongoing fees. And if you're an RAA member, you also get access to great savings.

Why choose RAA Finance? 

  • Pre-approval within 7 working hours*

    Achieve your dreams faster, with loan pre-approval within 7 working hours.*
  • Borrow from $8,000

    Need a new car? You can borrow from $8,000 to $100,000 with a secured loan and from $8,000 to $20,000 with an unsecured loan (unsecured loans only available to home owners).
  • Flexible repayment terms

    Choose fortnightly or monthly repayments, and a term of 3 – 7 years for a secured loan or 3 – 5 years for an unsecured loan.
  • Competitive fixed interest rates

    With our competitive fixed interest rates, you'll know exactly how much your repayments are for the full term of the loan.
  • No monthly fees

    With no monthly fees you’ll save even more.
  • RAA members save

    RAA members get 1% p.a. off the standard interest rate, plus get $100 off the loan establishment fee.
Work out your repayments with our easy-to-use loan calculator

Interest rates and fees

RAA members enjoy 1% p.a. off the standard interest rate and $100 off the establishment fee

The interest rate is fixed over the life of the loan, so your repayments won’t change.

Secured loan interest rates

Loan amount

Member interest rate

Comparison rate^

$35,000 and over 5.20% p.a. 5.55% p.a.
$25,000 – $34,999 5.70% p.a. 6.05% p.a.
$15,000 – $24,999 6.80% p.a. 7.45% p.a.
$8,000  $14,999 8.30% p.a. 10.02% p.a.

 

Unsecured loan interest rates

 Loan amount

 Member interest rate

 Comparison rate

 $8,000 – $20,000  12.55% p.a.  14.32% p.a.
 Loan amount
 $8,000 – $20,000
 Member interest rate
 12.55% p.a.
 Comparison rate
 14.32% p.a.
 Loan amount
 $8,000 – $20,000
 Member interest rate
 12.55% p.a.
 Comparison rate
 14.32% p.a.


Unsecured loans only available to home owners.


Apply now

Important information about comparison rates

^Comparison rates for secured loans between $8,000 and $14,999 are based on a $10,000 loan over 3 years. Comparison rates for secured loans between $15,000 and $24,999 are based on a $20,000 loan over 4 years. Comparison rates for secured loans over $25,000 are based on a $30,000 loan over 5 years. 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, please check loan terms and conditions (PDF, 1.3MB).

RAA Finance loans are provided by RAC Finance Limited ABN 77 009 066 862 Australian Credit Licence 387972 and are subject to RAC Finance lending criteria; conditions, fees and charges apply. Royal Automobile Association of South Australia Incorporated ABN 90 020 001 807 credit representative number 466848 is an authorised representative of RAC Finance Limited.

You'll save money on your personal loan if you join as an RAA member

Secured loan interest rates

Loan amount

Non-member interest rate

Comparison rate^

$35,000 and over 6.20% p.a. 6.69% p.a.
$25,000 - $34,999 6.70% p.a. 7.19% p.a.
$15,000 - $24,999 7.80% p.a. 8.72% p.a.
$8,000 - $14,999 9.30% p.a. 11.70% p.a.

 

Unsecured loan interest rates

Loan amount

Member interest rate

Comparison rate

$8,000– $20,000 13.55% p.a. 16.02% p.a.


Unsecured loans only available to home owners.


Apply now

Important information about comparison rates

^Comparison rates for secured loans between $8,000 and $14,999 are based on a $10,000 loan over 3 years. Comparison rates for secured loans between $15,000 and $24,999 are based on a $20,000 loan over 4 years. Comparison rates for secured loans over $25,000 are based on a $30,000 loan over 5 years. 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, please check loan terms and conditions (PDF, 1.3MB).

RAA Finance loans are provided by RAC Finance Limited ABN 77 009 066 862 Australian Credit Licence 387972 and are subject to RAC Finance lending criteria; conditions, fees and charges apply. Royal Automobile Association of South Australia Incorporated ABN 90 020 001 807 credit representative number 466848 is an authorised representative of RAC Finance Limited.

With RAA Finance there are no monthly account keeping fees.

Member Non-member
Establishment Fee $255 $355
Monthly Fee $0 $0

Personal Properties Securities Registration (PPSR) Fee


A check to confirm the car you’re buying is debt-free, safe from repossession, not written off and not reported stolen.
$8 $8
Early Termination Fee $225 if loan repaid in the first two years $225 if loan repaid in the first two years

 

Get a quote

How do I apply?

  • Can I apply?

    You need to be:

    At least 18 years old

    A permanent resident of SA or Broken Hill

    Earning a regular income

  • What do I need to apply?

    You need to have:

    Proof of identity

    Residential and employment details for the past two years

    Financial details – income, assets, expenses and liabilities

  • What happens after I apply?

    We will:

    Send you an email to confirm we’ve received your application

    We'll let you know the outcome of your application within 7 working hours*

  • And then?

    As a successful applicant, we’ll ask you for some documents and have you sign some of ours

    We’ll arrange an EFT transfer

We're here to help

  • Call us

    Monday to Friday, 9am to 5pm
  • Enquire online

    Send us a message and we'll contact you
  • Find a shop

    Drop in and chat face-to-face
  • Help centre

    Find answers to frequently asked questions, view our terms and conditions and more

Things you should know

*Subject to applicants satisfying all conditions. Limited lending criteria. Fees and charges are payable. If the conditions of your loan have been met, the loan contract will be available for signing the following business day and the funds will be processed either via BPAY or EFT 24-48 hours from settlement.

When deciding to purchase or hold an RAA Finance loan, consider the RAA Finance loan terms and conditions (PDF, 1.3MB) and Target Market Determination.

RAA Finance loans are provided by RAC Finance Limited ABN 77 009 066 862 Australian Credit Licence 387972 and are subject to RAC Finance lending criteria; conditions, fees and charges apply. Royal Automobile Association of South Australia Incorporated ABN 90 020 001 807 credit representative number 466848 is an authorised representative of RAC Finance Limited.