Personal loan broker across Western Sydney, rated 5.0 from 340 Google reviews.

No. Most Western Sydney clients deal with their broker by phone, email and video, and sign electronically. The office at Level 14, 3 Parramatta Square is there if you prefer to meet in person; hours are Monday to Friday, 8:30am – 5:30pm.

Lyft Money is usually paid a commission by the lender when a loan settles, and we disclose it before you apply. If any fee is payable by you, it is quoted in writing first. As a credit assistance provider we also complete a responsible lending assessment and quote the comparison rate so you can see the true cost.

Search the broker's Australian Credit Licence on ASIC's Professional Registers and confirm they are a member of the Australian Financial Complaints Authority (AFCA). Lyft Money operates under ACL 541052 and is AFCA member 93387. Then read recent Google reviews and ask how many lenders they compare and how they are paid.

We are a finance broker. We compare suitable options from our lender panel and help you through the process. We explain any broker fee and how we are paid before you proceed. The lender assesses and decides the application.

Almost any personal purpose: a wedding, a holiday, home renovations, medical or dental costs, education, furniture, consolidating credit cards or other debts, or an unexpected expense. Lenders ask the purpose because responsible lending rules require them to check the loan suits your needs, and some purposes such as debt consolidation attract specific products. Business purposes are financed separately through business lending.

Personal loans in Australia commonly range from $2,000 to $75,000, sometimes more for secured loans, over one to seven years. The amount a lender approves depends on your income, living expenses, existing debts and credit history, assessed under responsible lending rules so the repayment fits your budget. Your broker gives you a realistic range before you apply.

The interest rate is the cost of borrowing the money; the comparison rate adds most fees, such as establishment and monthly account fees, into a single percentage so loans can be compared fairly. Lenders must quote a comparison rate on consumer loans. A loan advertised at a low rate with high fees can cost more than one with a slightly higher rate and no fees. Lyft Money compares on comparison rate and total repayable, not headline rate.

A fixed rate keeps your repayment the same for the whole term, which makes budgeting simple, and may carry an early payout fee. A variable rate can move up or down with the market and usually allows extra repayments and early payout without penalty. If you value certainty, fixed suits; if you expect to pay the loan off early, variable can be cheaper. Your broker shows both for your situation.

Yes. A debt consolidation personal loan pays out credit cards, store cards, buy-now-pay-later balances and other loans and replaces them with one repayment, usually at a lower rate than credit cards. It helps when the new loan’s rate and fees are lower than what you are paying and you avoid running the cards up again. Your broker sets the total cost of the new loan against your current repayments so the decision is clear.

Sometimes. Some lenders specialise in personal loans for people with defaults or a low credit score, at higher rates, and assess more on current income and stability than on past events. Responsible lending rules still apply, so the repayment must be affordable. Lyft Money checks which lenders are likely to approve before any application is lodged, so you are not left with unnecessary enquiries on your file.