Common Questions & Answers

What will my interest rate be?

Your interest rate is determined by your SocietyOne loan grade which is based on a variety of factors, such as your loan application history, employment status, loan amount and your VedaScore.

How much can I borrow?

You can borrow between $5,000 and $35,000 for an unsecured personal loan. Loan terms are 2, 3 or 5 years.

Are there any other fees and charges?

A one-off establishment fee is included in your loan. There are no monthly fees or early repayment fees. A $35 fee applies if you vary your loan.

What is marketplace?

Marketplace lending is an opportunity for borrowers and investors to bypass the banks and connect directly with each other in a secure, online environment.