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.