Liberty Offers Free-thinking Options as Appeal of Personal Loans Grows

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."