Quick Summary
Founded
2006
Owned by:
Privately Owned
Funded by:
Wisr Finance Pty Ltd.
LMI Provider:
N/A (No LMI charges)
Lender type:
Neo Bank, Non Banks
Wisr is Australia's ASX listed (ASX: WZR) neobank and a fintech pioneer in the rapidly growing consumer finance market.
Its purpose is to help everyday Australians get a smarter, fairer deal on personal loans. It offers a business model that is genuinely innovative, scalable, purpose-led and built to deliver long term value and profitability.
It is committed to creating products, apps and services that help Australians pay down their debt faster by fusing emerging fintech services along with traditional business operations.
Wisr, while describing itself as a technology company, is also a peer-to-peer provider of personal loans and investment solutions.
How do Wisr’s home loans compare?
Pros
- Largest unsecured loan amounts available
- Joint loans
- Home renovations
- No probation policy
- No limit on the number of debts that can be consolidated
- Casuals 9 months accepted
- Fast turnaround time on packaged applications
- Dedicated broker support team
- Complete control of application from start to finish
- Personal loans including gap finance, tax debts, and legal costs
Cons
- Can be more expensive than main lenders
- Enquiring with them will leave a mark on your credit score
- Unresponsive customer support
What home loan types does Wisr have?
Personal Loans (Including Gap Financing)
Wisr currently provides one general-purpose personal loan product, which offers the following features:
- Choice of either a secured or unsecured loan
- Choice of either a three or five-year term
- A borrowing range of $5,000-$50,000
- No early repayment, annual, or account administration fees
- Wedding
- Travel
- Buying a Vehicle (Asset Financing)
Others:
Compare Wisr home loans with other lenders
Not sure which lender is right for your specific needs?
It’s best to use a mortgage broker to help narrow the choices and to decide what fits your financial goals.
Give us a call on 1300 889 743 or fill in our assessment form to discuss which other lenders may be suitable for your situation.