Broker guide
Aussie Personal Loans: Provider and Policy 2026
Aussie personal loans can involve another credit provider. Identify the actual offer, income checks, repayments and current brand application route.
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Aussie personal loans are arranged through a broker service that compares lenders, so the lender named in the offer sets the product rules. Aussie’s personal-loan page identifies Aussie Asset Finance as a service provided by Mildura Finance Pty Limited. A client’s Aussie branding alone doesn’t identify who lends the money.
For a new enquiry, use Aussie’s personal-loan route. For an existing liability, start with the credit contract and latest statement so you assess the loan the client actually has.
Aussie, Lendi and the Actual Lender
Aussie’s personal-finance service involves a broker and a selected credit provider, which have different roles. The Aussie personal-loan page describes comparing several lenders before the client receives an application for the chosen loan. Its disclosure names Mildura Finance Pty Limited, Australian credit licence 385395, as the provider of the Aussie Asset Finance service.
Separately, Aussie’s credit guide identifies Aussie as the trading name of Lendi Group Distribution Pty Ltd, Australian credit licence 246786. That group relationship doesn’t make every Aussie-branded credit product a loan funded by Lendi.
Does Lendi Offer Personal Loans?
Lendi’s published service is home-loan broking. Lendi’s credit guide identifies Lendi Pty Ltd as an authorised credit representative of Lendi Group Distribution and describes arranging home loans. It doesn’t describe a Lendi personal-loan product.
A client asking about Lendi personal loans can use the related Aussie personal-finance enquiry route. The application still goes to the selected lender under that lender’s terms. A home-loan broker’s lender panel or borrowing-power result doesn’t establish personal-loan eligibility.
Existing Aussie Consumer Finance accounts
Aussie’s Consumer Finance privacy notice names Latitude Personal Finance Pty Ltd as the credit provider for the facility it describes. This is a product-specific disclosure, separate from the current service that compares several lenders.
For an account carrying that name, match the statement’s legal provider and account details to the contract. Keep any notice of a transfer or change of servicer with the file. Treat the latest account documents as the starting point for repayments and payout instructions.
Applicant and Purpose Checks
Eligibility follows the selected personal-loan product, including its accepted income and loan purpose. Aussie’s personal-loan page lists purposes including vehicles, travel, home improvements, education and debt consolidation. It excludes cosmetic surgery and borrowing to top up a home-loan deposit through that service.
These exclusions describe Aussie’s route. A different lender’s direct product can have different purpose rules, even when the lender also receives broker applications.
For a concrete lender example, Latitude’s personal-loan application information asks applicants for identification details and proof of income. Its current product page displays loan terms from two to seven years. The rate offered depends on the applicant’s circumstances.
Those terms describe Latitude’s product. Each lender available through Aussie sets its own income and documentation requirements, and submitting the requested evidence doesn’t establish approval.
Match the Evidence to the Application
Aussie’s application process calls for identification, employment details and financial information requested by the lender. Before submitting, reconcile the client’s stated income with the documents and record which income the selected lender accepts.
For employed clients, distinguish base pay from overtime or bonuses. For self-employed clients, establish whether the product accepts that income before relying on business drawings as evidence of earnings. A household with income from several sources needs an assessment of each source under the chosen product.
Record the proposed purpose in enough detail to test it against the product. A renovation invoice and a proposed deposit contribution are different uses of funds, even if both relate to a home.
Compare the Offer and Keep the Record
Compare personal-loan offers using the same amount and repayment period, then account for security and fees. A smaller instalment over a longer term can leave the client paying more in total.
Offer and Liability Record
| Item | New personal-loan offer | Existing personal-loan liability |
|---|---|---|
| Legal provider | Credit provider named in the proposed contract | Provider on the statement, contract and any transfer notice |
| Security | Asset offered as collateral, if required | Secured asset and release requirements |
| Repayment basis | Fixed or variable rate, instalment frequency and first payment | Contractual repayment, frequency and any arrears |
| Term | Number of payments and maturity | Remaining term and any final larger payment |
| Fees | Establishment, account and early repayment charges | Remaining fees and payout or discharge costs |
| Funds | Amount borrowed and amount reaching the client | Outstanding balance and a separate payout quote |
A secured personal loan puts the nominated asset at risk if the borrower defaults. An unsecured loan has no nominated collateral. Latitude’s product page lists secured and unsecured choices, so retain the selected product’s security requirement with the offer.
Keep interest rates separate from fees. A comparison rate can help compare a standard loan cost, but an offer with a different term or early repayment plan still needs its own calculation. Enter the proposed terms in the personal loan calculator to estimate repayments, then reconcile the result with the lender’s schedule.
A Fictional Existing-Liability Example
Suppose a client calls a debt their “Aussie loan”. The latest statement shows a $12,400 balance and a $340 monthly contractual repayment, while a payout quote is $12,520.
Record the statement’s legal credit provider alongside the $340 repayment and remaining term. Use the $12,520 quote when calculating the funds needed to clear it, provided settlement occurs within the quote’s validity period. A statement balance alone doesn’t show the final settlement amount.
If the client is retaining the loan while applying for a mortgage, include it as an ongoing commitment under the home lender’s assessment rules. If it will be repaid, keep the payout and closure evidence required for that application. Compare other personal loan lenders only after the provider and terms of the existing debt are clear.
