RACV Debt Consolidation Loan

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Some things are better together

With an RACV Debt Consolidation loan you can roll all your debts into one simple loan and pay them off with one easy monthly repayment at a lower interest rate. It’s a great solution if you would like to consolidate debt and regain control of your personal finances as fast as possible.  

It’s quick and easy to apply and all our loans come with our Best Deal Guarantee^^. Why wait? Apply online now.

Why thousands of Victorians get their car loan through RACV

  • No ongoing fees

    Which means lower monthly payments for you

  • Easy to apply

    Your loan application will take 10 minutes – online, over the phone, or in store

  • Fast approval

    Within five working hours

  • Years of Membership Benefits apply

    If you are eligible for RACV’s Years of Membership Benefits, you will pay lower interest repayments. The discount is not available with the new car special rate

  • Savings on car insurance**

    If you finance and insure your vehicle through RACV, you could access savings of up to 10%* on the cost of your comprehensive insurance for the full term of your loan

    *Savings are only applicable when comparing a comprehensive car insurance quote where the car is used as security by a Secured Finance Company.

  • Best deal guarantee

    We know you’re getting a great deal on your loan but it’s important you are sure too. That’s why we offer a 21-day Loan Satisfaction Guarantee. If you take out a loan with RACV Finance and are not completely satisfied, you can repay the borrowed amount within 21 days and we’ll cancel your loan without penalty. We’ll also refund any interest and waive any fees

Apply in three easy steps

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Three ways to apply

Frequently Asked Questions

What do I need to apply?

You will need to supply your personal details, including your driver's licence number, employment details, assets, liabilities and income. We will verify this information with you later.

How do I make repayments?

By direct debit or BPAY. Loan repayments will automatically be taken from your chosen bank account every month or fortnight.

Become a member and view all available discounts in one place

RACV Finance is subject to RACV lending criteria.  R.A.C.V. Finance Limited ABN 82 004 292 291 Australian Credit Licence No. 391488. ^^ If you are not completely satisfied with your RACV Finance personal loan, you can return the full loan amount and, if the loan is paid out and finalised within 21 days from the date the loan was funded RACV Finance will refund all application fees and any interest charged; waive the early termination fee (ETF); and cancel any Consumer Credit Insurance or Shortfall Insurance policy taken out and refund all premiums to the loan, product coverage will cease. The Satisfaction Guarantee is not available in conjunction with commercial loan products, leases or loans introduced by Brokers/Dealers.**RACV Insurance is issued by Insurance Manufacturers of Australia Pty Limited ABN 93 004 208 084 AFS Licence No. 227678. Please consider the Product Disclosure Statement before buying. For a copy call 13 RACV (13 7228).You may be eligible for savings on your premiums. Savings on your car insurance depends on your individual circumstances.

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