People powered lending

Simple, community funded loans up to $30,000

People powered lending

Simple, community funded loans up to $30,000
I want to borrow
I want to borrow
For a term of (months)
For a term of (months)
My credit score is
My credit score is
 
Example loan
 
Example loan:
Your lowest rate p.a.
Lowest rate p.a.
%
Comparison rate p.a.
Comparison rate p.a.
%
 
 
 
 
There is currently $ available to fund your loan
We will now direct you to our partner GetCreditScore who will help you get your credit grade - for free. They will then enable you to use your credit grade to get a personalised rate estimate from SocietyOne.

Why choose SocietyOne?

SocietyOne is Australia's leading Peer-to-Peer lending platform. We're an online financial community
where investors and borrowers can connect to get a better deal.

Low rate loans to reward good borrowers
Apply online in minutes and get funds in 72 hours
Fixed interest rates mean fixed repayments
No surprise fees or early repayment penalties
Low rate loans to reward good borrowers
Apply online in minutes and get funds in 72 hours
Fixed interest rates mean fixed repayments
No surprise fees or early repayment penalties
"SocietyOne hands credit scores power to customers."
“Risk-based pricing of credit, undermine[s] the banks’ one-size-fits-all model.”
“SocietyOne offers 4 percentage points better than the best of the big banks’ loan offers.”
"SocietyOne hands credit scores power to customers."
Read more
“Risk-based pricing of credit, undermine[s] the banks’ one-size-fits-all model.”
Read more
“SocietyOne offers 4 percentage points better than the best of the big banks’ loan offers.”
Read more

How it works

Simple, community funded loans in 4 steps

STEP 1

Get your rate - 2mins

Get a rate estimate based on your credit grade. Don’t worry, this won’t ding your credit file!

STEP 2

Apply online - 10mins

Complete our easy application online! Register now and get started.

STEP 3

Get your loan funded - 24hrs

We will assess your application, fund your loan and get back to you with a loan offer on the same day.

STEP 4

Get your money - 72hrs

Your money is deposited directly into your bank account – usually within 72 hours.

Here's what our customers had to say

Real stories from people just like you
Clark - New car loan
Leah - Debt consolidation
Johnny - Home improvement

Here's what our customers had to say

Real stories from people just like you

Clark - New car loan

Leah - Debt consolidation

Johnny - Home improvement

FAQs

Simple answers to common questions

  What is people powered lending (or peer-to-peer lending)?

People powered lending is an exciting new way for people to borrow money from other people. The people providing the funding are investors who would like to loan money to creditworthy borrowers.
Borrowers save with better rates and investors gain access to a new, attractive fixed income asset class.

  How much can I borrow and for how long?

You can borrow between $5,000 and $30,000 for an unsecured personal loan. Loan terms range from 12 to 36 months.

  What will my interest rate be?

Your interest rate is determined by your credit history and financial behavior. Good borrowers get rewarded for their good credit history.
Click here to get a personalised rate estimate.
For special offers and our rate table, see our Price Guide.

  Are there any other fees and charges?

We charge a one-off establishment fee. This is included in your total loan amount. There are no other no monthly fees or early repayment fees. 
For fee discounts and our full fee table, see our Price Guide.

  Who can apply for a SocietyOne personal loan?

You are eligible if you:
- Are an Australian Resident, over 21 years old
- Earn more than $25,000 p.a.
- Have been in your current role for at least 6 months (or self employed for 2 years)
- Have at least 2 years of credit history, and
- Are not applying for a business loan.

  Further questions?

Call us on 1300 144 221, we are open Monday to Friday 9:00 am - 5:00 pm.
Email us: customer.service@societyone.com.au.
Or click to see our full FAQs.

 

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