Furniture Loans & White Goods

What Are Furniture Loans?

A furniture loan is a personal loan, similar to payday loans, used to cover the cost of home furnishings, white goods, or appliances. It’s an unsecured loan, meaning you don’t need to put forward any security or collateral to be approved. Once the funds land in your bank account, you spend them at whatever retailer you choose.

Furniture loans can cover a single expensive item or a full home setup. A fridge and washing machine together can easily run to $2,000–$3,000. A new bed, couch, and dining table can easily push past $10,000. A personal loan for furniture spreads the cost across manageable repayments rather than requiring you to have it all available at once.

At City Finance, furniture loans are available for amounts between $500 and $10,000, with repayment terms you choose – weekly, fortnightly or monthly, set up as automatic direct debits so you don’t have to think about it.

We are a flexible lending institution that offers furniture loans to borrowers who may not be approved elsewhere. Even if you have a bad credit rating, are on government benefits, or are self-employed, we pride ourselves on being able to help Australians that have been turned away elsewhere. Learn more about our bad credit loan criteria.

Two Types of Furniture Loans – Find the Right Fit

City Finance offers two furniture loan products depending on how much you need. Both come with no early repayment fees, transparent upfront pricing, and repayment schedules matched to your pay cycle.

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Am I Eligible For A Furniture Loan?

Are you over 21, an Australian citizen and looking for some extra cash to furnish your home? If so, then you’re probably eligible for a furniture loan with us. We offer a furniture loan as an unsecured personal loan used to buy home goods.

Unlike many lenders, we consider applications for the following:

• Loans for pensioners
• Loans for jobseekers
• Loans for people on Centrelink

What Supporting Documents and Information Do We Need to Process Your Furniture Loan Application?

Our eligibility criteria are simple. To apply for a furniture loan with City Finance, you’ll need:

1. A copy of your ID
2. A short application form with details such as your address and phone number
3. 90-day history of bank transactions
4. Proof of income (Eg a payslip or Centrelink income statement)

That’s all. We assess applications for personal loans for furniture from Centrelink recipients, pensioners, jobseekers and people with less-than-perfect credit histories. If you have a regular income and can demonstrate the ability to meet repayments, there’s a good chance we can help.

How City Finance Can Help Borrowers Looking for Furniture Loans

• Same-day funding (within 60 seconds of signing the contract) in most cases – apply today, shop today
• Borrow from $500 to $10,000 with no hidden fees
• No early repayment fees – pay it off faster whenever you’re ready
• Inclusive lending – Centrelink, pensioners and bad credit welcome
• Automatic repayment debiting – no missed payments, no late fees
• Repayments set to match your pay cycle
• More than 20 years helping Australians cover the costs that count

City Finance is a specialist personal lender, not a bank or a buy-now-pay-later scheme. That means faster decisions, a more personal approach, and flexible lending criteria that go further than a credit score. If you’ve been knocked back elsewhere, it’s worth applying with us.

Our application process takes a few minutes and requires minimal supporting documentation. Once your loan is applied for, our team strives to work as quickly as possible to approve it. In many cases, our applicants will have money in the bank on the same day they apply for a loan. Learn more about our same day loan funding process.

What Can I Use a Furniture Loan For? 

White goods

Fridges, washing machines, dishwashers, dryers, ovens – white goods are expensive individually and eye-watering in combination. When an appliance breaks down unexpectedly, or you’re setting up a new home from scratch, a furniture loan covers the cost so you’re not going without the basics while you save.

New furniture

Moving out of a furnished rental or upgrading to a bigger place usually means you need a bed, couch, dining table, shelving, the lot. Trying to fund all of that at once is a serious financial hit. A personal loan for furniture lets you get everything you need on day one and spread the cost over your chosen repayment term.

Moving costs

Moving into a new place brings a stack of costs all at once: a removalist, a security bond, rent in advance, and then the furniture to fill it. Even a well-prepared budget can come up short. A loan for furniture can cover the gap, so your move isn’t derailed by cash flow timing.

Furniture upgrades

Not every furniture loan needs to be for urgent essentials. If you want to upgrade a room, replace old curtains, invest in proper outdoor furniture, or finally replace the mismatched dining set, a personal loan for furniture gives you the purchasing power to do it now rather than piecemeal over months.

Replacing old or broken items

A mattress that’s well past its use-by date, an air conditioner that’s stopped working, a couch that’s finally fallen apart – sometimes replacement can’t wait. Furniture loans mean you’re not stuck living around something that needs replacing just because the timing isn’t ideal.

Is a Furniture Loan Right for You?

Furniture loans work best when the need is real, and the timing doesn’t allow you to save. If you’re moving house, replacing something that’s broken, or setting up a home without the funds to do it all at once, a personal loan for furniture is a practical solution.

Before you apply, it’s worth checking that the repayment amount fits comfortably within your budget. Our team will go through this with you during the application – we want to make sure the loan works for your situation, not against it. If the repayments don’t stack up, we’ll let you know.

Flexible Furniture Loan Financing for Every Home Need

Furnishing or upgrading your home shouldn’t mean living on instant noodles for months. With our furniture loans, you can spread the cost of beds, sofas, dining sets, and white goods over a comfortable term, without dipping into your savings. 

Whether you’re moving into a new place, replacing an appliance, or simply refreshing your décor, a loan for furniture gives you instant purchasing power up to $10,000, and you choose weekly, fortnightly, or monthly repayments that suit your budget.

Transparency is at the heart of our service. For furniture loans, you’ll see all establishment and maintenance fees up front: 20% establishment plus 4% monthly for amounts under $2,000, or a flat $400 fee and 48% APR for loans from $2,001 to $5,000. There are no hidden charges for early repayment or extra payments, ever. That way, your loan for furniture never springs unpleasant surprises on you down the track.