A Commonwealth Bank Personal loan can be a fast and convenient way to raise finance to snap up that car, make home renovations or go away on holiday. However, once you've secured your loan, it's important to manage it efficiently and effectively.
Create a budget
A budget is simply a tool that is used to plan spending and savings. You can think of it as a roadmap for navigating your finances. Try our handy budget planner.
Set up a salary credit or direct debit
You can have your repayments made straight from your salary, or from one of your other accounts, by direct debit. To arrange a salary credit, please talk to your employer. To organise a direct debit, visit any Commonwealth Bank branch.
NetBank is a virtual Commonwealth Bank branch on your computer that gives you complete control over your finances, 24 hours a day, 7 days a week.
CommInsure offers a range of insurance options designed to protect your loan.
If you have any difficulties making your repayments then you should contact your nearest Commonwealth Bank branch, or ring 13 14 31 from 8am to 8pm, 7 days a week. The Commonwealth Bank may be able to assist in times of financial difficulty and will consider a full range of options for dealing with your individual situation.
Applications for finance are subject to the Commonwealth Bank's normal credit approval. Full terms and conditions will be included in our loan offer. Other fees and charges are payable.
The Personal Loan application should be completed by the applicant(s) only. The contract is a direct contract between The Commonwealth Bank and the applicant(s).