As Australians increasingly search for tailored lending products, Liberty is providing a path forward with flexible personal loan solutions.

MELBOURNE, AUSTRALIA / ACCESSWIRE / July 21, 2024 / Personal loans are how many Australians choose to fund major purchases or expenses without depleting their savings.

Australian Bureau of Statistics (ABS) data reveals a growing number of individuals using personal fixed-term loans to refinance or consolidate other debts and pay for "household and personal goods."

Leading non-bank lender, Liberty says personal loans can be used to help simplify financial obligations, keep plans moving and bring dreams to life.

According to Manager - Group Communications Kate Jenkinson, Liberty personal loans can assist people from all walks of life by catering to a diverse range of needs.

"At Liberty, we understand that having financial flexibility is important, particularly in the current climate. Personal loans can provide Australians with the freedom they need to move towards their short and long-term goals.", Ms Jenkinson explained.

She continued, "From managing unexpected expenses to making the most of new opportunities, they are a helpful resource for many consumers."

Liberty's personal loans are designed to empower people to turn their aspirations into a reality, from completing home renovations to travelling, and more. They can also provide budgeting certainty with fixed repayments and a transparent cost structure.

"Another personal loan use is to consolidate multiple existing loans into one. This could help people take control of their finances by creating a single repayment schedule, lowering administrative fees, and establishing a clear end goal," Ms Jenkinson said.

Looking beyond traditional lending practices, Liberty promotes financial inclusivity with tailored rates and a holistic approach to credit assessment.

Their online application process is designed to make it easy for customers to estimate their interest rate, submit an application, and receive the funds they need quickly.

"We understand each person's circumstances are unique and remain dedicated to providing a tailored solution."

About Liberty
As one of Australia's leading non-bank lenders, Liberty offers innovative solutions to support customers with greater choice. Over more than 26 years, this free-thinking approach to loan solutions has seen more than 850,000 customers across a wide range of home, car, business and personal loans, as well as SMSF lending and insurance products. Liberty remains the only non-bank lender with an investment-grade credit rating offering custom and prime solutions to help more people get financial.

Approved applicants only. Lending criteria apply. Fees and charges are payable. Liberty Financial Pty Ltd ACN 077 248 983 and Secure Funding Pty Ltd ABN 25 081 982 87 2 Australian Credit Licence 388133, together trading as Liberty Financial.

Contact
Kate Jenkinson
Manager - Group Communications
P: +61 3 8635 8888
E: mediaenquiries@liberty.com.au

SOURCE: Liberty