Simplify your finances
Take control by consolidating your bills. Apply for a loan online and get a response in 60 seconds.
Lending criteria, T&Cs, fees and other charges apply.
Get an estimate of your repayments
Your estimated monthly repayment including establishment fee
$0 / month
Total interest paid
$0
Total amount paid
$0
Ready to get started? Get your tailored rate in just 2 minutes, with no impact to your credit score.
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This calculator is provided for illustrative purposes only and does not constitute a quote or pre-qualification. The interest rate you may be offered can differ from the interest rate displayed above and will be based on your personal circumstances. The total amount paid includes the establishment fee. See all Fees for this product.
How the debt consolidation process works
1
Let’s work out your debt
This could include multiple credit cards and loans with other providers.
2
Let’s apply
Our application process is simple, and you can check your interest rate before you apply. Let's get started!
3
Let’s handle your payments directly
If approved, we can get rid of the hassle and do all the hard work for you by:
- Organising the consolidation of your debts
- Paying your nominated credit providers directly
4
Start making just one payment for all your debts
Gem can do all the organising to consolidate your debts, so you can breathe easier, take a break, and take control. All you need to do is pay down your loan, one easy-to-manage payment at a time. Now that's better.
Compare our fixed and variable loan options to find the right fit
Secured Car Loan
Use your vehicle as security for your loan
Suitable if you’ve already found your vehicle
Get the benefit of a lower rate if you're willing to secure your loan. May help reduce the overall cost of borrowing.
A fixed rate makes budgeting easier. It’s ideal if you want certainty and peace of mind. Your interest rate stays the same, no surprises, no changes.
Interest rate from
8.99
%p.a.^
to
28.99
%p.a.^
Unsecured Car Loan
No need to use your car or another asset as security
Enjoy more flexibility in your borrowing
Allows you to shop around with confidence if you haven't chosen your vehicle yet.
A fixed rate makes budgeting easier. It’s ideal if you want certainty and peace of mind. Your interest rate stays the same, no surprises, no changes.
Interest rate from
9.99
%p.a.^
to
29.99
%p.a.^
Calculator and tools
Applying for a Gem Debt Consolidation Loan is simple
Frequently asked questions
About my Gem Debt Consolidation Loan
How much can I borrow for a loan?
For a debt consolidation loan, can Gem repay my debts directly?
How long until I receive my Debt Consolidation Loan funds?
What is the difference between a Fixed and Variable Rate loan?
What's the process for taking out a Gem Debt Consolidation Loan?
What is redraw?
Do all Gem personal loans allow redraw?
Application and approval
Fees, charges and interest
Important information
^Gem Personal Loan
Gem Personal Loan rates range from:
Variable Loans - 8.99% p.a. to 28.99% p.a. for Secured Loans and 9.99% p.a. to 29.99% p.a. for Unsecured loans. Loans with a variable interest rate are subject to change throughout the duration of the loan.
Fixed Loans - 8.99% p.a. to 28.99% p.a. for Secured Loans and 9.99% p.a. to 29.99% p.a. for Unsecured loans.
Your interest rate depends on your personal circumstances. If you choose to pay your loan off sooner, we will not charge you an early repayment fee. Credit and lending criteria, and fees apply including a $240 establishment fee. Credit provided by Latitude Financial Services Limited.
Example: An unsecured Gem Personal Loan of $20,000 borrowed for three years with an interest rate of 15.99% p.a. (fixed for the life of the loan) would equate to a total repayment amount of $25,613 approximately (including a $240 establishment fee).