When you’re looking for a personal loan, working with a broker who knows more than just the national rates can make a real difference. As a Melbourne-based team, LoanBrix offers distinct advantages tailored to your local experience.

Here’s what sets us apart:

• We’re Your Neighbours, Not Just a Number: Our team is based in Burwood, and we understand the diverse needs of Victorians. Whether you’re looking to travel overseas, planning a wedding in the Yarra Valley, or renovating a home in Richmond, we bring a local perspective to your finance journey. We’re familiar with the local market conditions that can influence lending.

• Deep Roots in the Victorian Community: We’re not a faceless online form. As proud members of the MFAA (Mortgage & Finance Association of Australia) since 2009, we are held to the highest professional standards, right here in your community. Our five-star Google ratings from clients across Melbourne reflect our commitment to personalised, face-to-face service.

• Local Expertise, Personalised Guidance: We focus on the “why” behind your loan. A conversation with us is about understanding your specific goal, be it a holiday, home renovation, or debt consolidation, and using our connections with local lenders and knowledge of their criteria to find the best available rate.

• We’re Local and we’re Here for You: You always have an expert just a phone call or short trip away. We don’t simply have customers; we build relationships. Our team is here to support you when you need us.

Just like comparing holidays or shopping around for a new car, taking the time to compare personal loans can save you thousands in interest and fees.

Fixed vs Variable Interest Rates

Fixed interest rate:
Your repayments stay the same for the entire loan term. This makes budgeting easier because you’ll always know how much is coming out of your account each month.

Variable interest rate:
Your repayments can go up or down depending on changes in interest rates. If rates increase, you’ll pay more; if they drop, your repayments will fall too.

Most variable-rate loans don’t charge an early exit fee, which can be helpful if you plan to pay off the loan ahead of schedule.

Secured vs Unsecured Loans

Secured loan:
You use an asset—often a car—as security. If you can’t repay the loan, the lender can repossess that asset. Secured loans usually come with lower interest rates.

Unsecured loan:
No asset is required, but interest rates are generally higher. Some lenders may also ask for a guarantor. If you don’t repay the loan, the lender can still take legal action to recover the money.

Loan Guarantors

Having a guarantor may help you access a lower interest rate. But being a guarantor is a serious financial commitment. Make sure both you and the guarantor fully understand the risks.

No-Interest Loans

If you need up to $2,000 quickly for essential expenses—like a fridge, medical needs, or car repairs—look into no-interest loans. They offer fast approval with no interest and no fees.

A personal loan gives you access to funds for something important—whether it’s a holiday, a new car, a caravan, or upgrades around the home. You simply borrow the amount you need and pay it back with interest over a set period, typically between one and seven years.

LoanBrix also brokers personal loans for specific purposes, including;

• Boat Finance
• Caravan Finance
• Motorcycle Finance
• Car Finance

📍 Ready to Talk to a Local Expert?

You can visit us in Burwood, call us, or simply book a time to chat with one of our Melbourne-based brokers. We’re here to help you navigate your options with a genuine understanding of your local needs.