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Apply for an RACT loan in 3 easy steps.
1Complete the form
First, we need to know a little about you.
Apply Now
2
Get approval
You will know within five working hours of submitting your application.
3
Secure your funds within 24 hours
Once approved, we'll call you to work out the details. In most cases the money will be sent within 24 hours.
Whether you’re in the market for a car, boat, holiday, motorcycle, caravan, home improvements, or debt consolidation, RACT Finance have personal loans available for just about any purpose.
Loan Repayment Calculator
Tasmanians choose RACT Finance because we have competitive rates across all loan products. Use our loan calculator below to work out the monthly or fortnightly repayment amount that fits your budget.
Car Loan
(under 2 years old)
Car Loan
(2 years +)
Personal Loan
Debt Consolidation
Finance Bundle
Do you need finance for your new car? Take out a loan over $15,000* with RACT Finance and Tasmanian drivers will receive free Roadside Assistance.
Rates starting from just 5.99%^^ p.a. (comparison rate 6.55% ^p.a.). Pick your package below, and we will do the rest.
Standard: Take out a car loan and receive free RACT Roadside Advantage (valued at $109) plus all the benefits of being an RACT member.*
Works: Take out a Car Loan and Comprehensive Car Insurance through RACT, and get free RACT Roadside Ultimate (valued at $185) plus all the benefits of being an RACT member.*
RACT Member offer
RACT members receive a 1% p.a. discount off the standard base rate for used car loans**.
**Note: This discount doesn't apply to new car special rates or business vehicle loans.
Remember to quote your membership number when you are speaking to one of our finance consultants about your next car loan.
- This offer is available for new car loans only.
- Free RACT Roadside Assistance is valid in Tasmania and available for a 12 month period.
- Offer only available when Comprehensive Car Insurance has been purchased through RACT Insurance.
- Gifted RACT Roadside membership is non-transferrable.
- If applicant is already an RACT Advantage member, then an upgrade to Roadside Ultimate for a further 12 months will apply regardless of whether insurance is taken or not.
- If applicant is already an RACT Ultimate member, membership will be extended for a further 12 months at expiry regardless of whether insurance is taken out or not.
Finance conditions
Conditions, fees and charges apply. Rate subject to change without notice. The 5.99% rate applies to new car loans only. Rates for used car loans may vary
**RACT Members receive 1% p.a. discount off their loan rate only.
Member discount does not apply to the new car special rate. ^Comparison rate calculated on a loan amount of $30,000 secured over a term of 5 years based on
monthly repayments. WARNING: This comparison rate applies only to examples given. ^^For loans on new vehicles $15,000 and over only. Different amounts and terms
will result in different comparison rates. Costs, such as redraw or early repayment fees, and cost savings, such as fee waivers, are not included in the comparison
rate but may influence the cost of the loan.
RACT Loans are provided by R.A.C.V. Finance Ltd ABN 82 004 292 291 (Australian credit licence 391488) and are subject to R.A.C.V. Finance lending criteria.
RACT acts as an agent for R.A.C.V. Finance only in relation to applications for, and the approval and funding of, RACT Loans and is not an agent of R.A.C.V.
Finance for any other purpose.
Insurance conditions
The insurer of the Comprehensive Car Insurance product is RACT Insurance Pty Ltd ABN 96 068 167 804 AFS Licence No 229076. RACT acts as an agent for RACT Insurance
Pty Ltd, not as your agent. A Product Disclosure Statement will be provided to you before you acquire the product and should be considered to ensure the product is right for you.
Roadside conditions
For RACT Roadside terms and conditions, please click here.
In event of an issue with our loan product or service
RACT is committed to providing fair and prompt resolution to any issues that may arise with your RACT Loan. Should you wish to make a complaint, please email
finance@ract.com.au or phone 13 27 22 and request the Sales & Service Manager.
If you are not satisfied with the result of your complaint, you may also contact the credit provider, R.A.C.V. Finance by phone 1800 675 958,
mail to Level 10, 485 Bourke Street, Melbourne 3000 or email to member_relations@racv.com.au. They will work with RACT to resolve your issue promptly.
Should neither RACT or R.A.C.V. Finance be unable to resolve your complaint to your satisfaction you can seek an external review with the Credit & Investments Ombudsman (CIO)., phone 1800 138 422, fax 02 9273 8440, email info@cio.com.au or mail to P.O. Box A252, Sydney South NSW 1235.
As from 1 November 2018
Australian Financial Complaints Authority (AFCA) replaces the Credit & Investments Ombudsman (CIO). For more information on AFCA please go to www.afca.org.au. Complaints to AFCA can be made by Phone: 1800 931 678, Email: info@afca.org.au or Mail: GPO Box 3, Melbourne VIC 3001.
It is a condition of the use of this website that you have read our Financial Services Guide. You agree to be provided the Financial Services Guide by clicking
the link.
