Get the Right Personal or Car Loan with IndoKiwi Finance

When you need a personal or car loan, it’s essential to find a solution that fits your unique situation. While a bank offers a limited range of products, an IndoKiwi Finance adviser gives you access to a wider market of lenders. This ensures you find the most competitive deal and explore all your options, including whether refinancing your home loan might be a better choice.

Secured vs. Unsecured Loans: What's the Difference?

A personal loan is a great way to get the funds you need. There are two main types:

  • Secured Loans: These loans typically come with lower interest rates because you offer an asset—like your car, boat, or even your home—as collateral. This gives the lender security, but it’s a risk: if you default on the loan, you could lose that asset.
  • Unsecured Loans: Often called “signature loans,” these don’t require collateral. The lender approves the loan based on your creditworthiness, but you’ll likely pay a higher interest rate for the privilege.

Deciding between a secured and unsecured loan is a crucial step. While a secured loan might offer a better rate and a larger borrowing amount, you must carefully weigh that against the risk of using an asset as security. Your IndoKiwi Finance adviser will walk you through these options and recommend the most suitable and competitive choices for you.

We're Here to Help

Your IndoKiwi Finance adviser can do more than just find you a loan. We can help you:

  • Find out how much you can borrow, giving you a clear budget.
  • Understand your repayment options, so you know exactly what to expect.

Can I Get a Loan with Bad Credit?

Every situation is different, and there’s no single answer. Your IndoKiwi Finance adviser will assess your specific circumstances to determine if you are eligible for a personal or car loan. If not, we can help you create a plan to improve your credit score, putting you in a better position for a loan in the future.