A straight answer, a fixed rate, and no surprises.
Borrow $2,000 to $50,000 over 12 to 84 months. The rate you're quoted is the rate you pay, and you can settle early without a penalty.
- Check your rate without affecting your credit score
- Fixed monthly payment for the whole term
- No arrangement fee and no early repayment charge
6.9%
Representative APR
$50,000
Maximum amount
84 mo
Longest term
2 min
Typical decision
How our personal loans work
One product, honestly priced, with the terms stated up front.
Fixed for the full term
Your rate and your monthly payment are locked on day one. They don't move if base rates do.
Same-day funding
Approved before 3pm on a working day and the money usually lands in your account the same afternoon.
Overpay whenever
Pay extra or clear the balance early at no charge. You only pay interest for the time you actually borrow.
A soft check first
See your personalised rate before you apply. The initial check leaves no mark on your credit file.
Pick your payment date
Line the repayment up with payday so it leaves when the money is there, not two days before.
Talk to someone if it changes
If your circumstances shift, message us early. We'd far rather restructure a plan than chase a missed payment.
Representative rates
The rate you're offered depends on the amount, the term and your circumstances.
Small
$2,000 – $7,499
9.9%
APR from
- 12 to 48 month terms
- No arrangement fee
- Fixed monthly payment
- Settle early at no cost
Standard
$7,500 – $24,999
6.9%
representative APR
- 12 to 72 month terms
- No arrangement fee
- Same-day funding available
- Choose your payment date
- Settle early at no cost
Large
$25,000 – $50,000
7.4%
APR from
- 24 to 84 month terms
- Dedicated lending advisor
- Optional payment protection
- Settle early at no cost
Representative example: borrow $10,000 over 48 months at 6.9% APR (fixed) and repay $238.71 a month — total repayable $11,458.08. Rates shown are representative; your own rate depends on the amount, term and an assessment of your circumstances. Lending is subject to status and affordability.
From quote to money in the account
Check your rate
Tell us the amount and term. We run a soft search and show your personalised rate in about two minutes.
Apply
If you're happy with the quote, confirm your details. This is where we run a full credit check.
Get funded
Sign the agreement in-app. Approved before 3pm on a working day and the funds usually arrive the same afternoon.
Common questions
Will checking my rate hurt my credit score?
No. The initial quote uses a soft search, which is visible to you but not to other lenders. A full search only happens if you decide to apply.
Can I repay early?
Yes, in part or in full, at any time and at no extra cost. Interest is only charged for the period you held the money.
What can I use the loan for?
Most personal purposes — consolidating debt, a car, home improvements, a wedding, unexpected bills. We don't lend for business purposes or speculative investment.
What if I miss a payment?
Contact us as soon as you know. Missed payments do affect your credit file, but we'd much rather agree a revised plan with you than let it get there.
Do I need to bank with Midwest?
It helps — existing members often get a better rate and faster funding — but it isn't a requirement to apply.
See your rate in two minutes
A soft check, a clear number, and no obligation to go ahead.