With a Personal Loan customers can finance a car, which will be predominantly used (50%) for personal use. The customer owns the car from the start of the agreement and the financier secures the loan by registering an interest over the car.

Benefits to Customers

• Obtains the use of the car with minimum cash outlay.
• 100% finance is available for approved customers. Fees, Government Charges, Insurance, Registration and On-Road costs can also be financed into the loan for approved customers. Customers may wish to provide a deposit or be required to provide a deposit for finance approval.
• Customers can get a competitive fixed rate as the car acts as security over the loan.
• Customers own the car from the start of the agreement.
• Balloon payments (a lump sum payment at the end of the contract that settles the debt) can be arranged for approved customers. This enables customers to pay a lower monthly instalment during the term of the agreement, and then pay a balloon at the end of the term.

Need more information?

If you would like to learn more about a Personal Loan, please call our Customer Service Centre on 1300 887 967 or submit your question using our enquiry form and a member of the Madison Team will contact you to answer any questions.

You can also request an online quote or apply online for a Personal Loan.

Once you've heard what we can offer in terms of our range of competitive products and specific contract details, you'll have the confidence to know you've made the right decision.