Flexible finance for life beyond property.
Clear guidance, practical options, and personal loans that fit your plans.
Not every goal fits neatly into a mortgage or a car loan.
Personal loans can offer a straightforward way to fund meaningful expenses, simplify existing finances, or move forward with confidence — when they’re structured properly.
We help you understand your personal loan options and choose finance that aligns with your plans, your budget, and your comfort level — without pressure or unnecessary complexity.
Why clients choose Extra Mile
- Clear, plain-English explanations
- Access to a broad range of Australian personal loan lenders
- Objective comparisons across rates, fees and terms
- Advice focused on affordability and long-term comfort
- Support from first discussion through to funding
Common use cases for personal loans
Personal loans are often used for planned, purposeful expenses such as:
- Consolidating multiple debts into a single repayment
- Funding major personal purchases or projects
- Covering education or professional development costs
- Managing large, one-off life expenses
- Creating financial breathing room with a defined repayment plan
Our role is to help you assess whether a personal loan is the right tool — and if so, how to structure it responsibly.
Choosing the right personal loan structure
Personal loans can vary widely in how they’re priced and repaid.
Some offer fixed repayments over a set term, while others allow more flexibility depending on the lender and structure. Interest rates, fees, and loan terms can differ based on how the funds are used and your overall financial position.
We’ll explain these differences clearly, so you can choose an option that supports your plans without creating unnecessary strain.
Big decisions. Real guidance. Real outcomes.
What clients say after going through the process with Extra Mile.
How personal loans work
Step 1 - Understand your goal and budget
We discuss what you want to fund, your preferred timeframe, and what level of repayments feels comfortable alongside your other commitments.
Step 2 - Compare suitable options
We review lenders and loan structures, looking beyond the headline rate to consider fees, terms, and repayment certainty.
Step 3 - Apply with confidence
We manage the application process, coordinate documentation, and guide you through approval and funding.
Ready to plan your renovation?
Book a free, no-obligation call and get clarity on the best way to fund your home renovation.
All loans are subject to lender approval and eligibility criteria. Fees and charges may apply.
What you’ll typically need
Requirements vary by lender, but most applications will involve:
- Identification
- Proof of income
- Bank statements
- Details of existing liabilities (if applicable)
Frequently asked questions
What’s the difference between a personal loan and a credit card?
Personal loans usually have defined repayment terms and can offer clearer cost certainty. We’ll help you compare options based on how you plan to use the funds.
Can I consolidate debts with a personal loan?
In many cases, yes. Whether it makes sense depends on interest rates, fees and your overall financial position.
How long do personal loans usually run for?
Loan terms vary by lender and structure. We’ll explain the trade-offs between shorter and longer terms.
Will a personal loan affect my borrowing capacity?
It can. We’ll help you understand how repayments may impact your broader financial plans.
Is a personal loan right for my situation?
That depends on your goals, budget and alternatives. Our role is to help you make that decision with clarity.
Contact us
Our Adelaide office
We’re based in Adelaide and support clients across South Australia and Australia-wide.