We provide simple, investor funded loans with low rates based on your good credit history.
Australian Retail Banking Awards
2016 Best Digital Offering Of The Year
*As at 30/09/2016 **Survey conducted
We’re a team of people and investors ready to back you and invest in your financial future.
With us you'll always know what you pay. There are no hidden fees or penalties for early repayment.
Choose from a range of personal loan options. We’ll even show you how to save money on your loan.
Simple, fast and secure: borrowing with us is done in 4 easy steps.
Our obligation-free quote takes the guesswork out of borrowing. You can instantly review the rate and amount you qualify for without dinging your credit score.
We offer personalised rates and repayment plans to help you decide on the spot if the loan is right for you.
Congratulations! Your loan will now be listed in the marketplace. You’ll receive the funds directly into your bank account usually within 72 hours.
What’s next is totally up to you! Use your money to tackle expensive credit card debt, renovate the house or book your next getaway.
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.
You can borrow between $5,000 and $35,000 for an unsecured personal loan. Loan terms are 2, 3 or 5 years.
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.
It's an opportunity for borrowers and investors to bypass the banks and connect directly with each other in a secure, online environment.
SocietyOne's unsecured personal loans range from $5,000 to $35,000. Minimum loan term is 2 years and maximum is 5 years with flexible loan terms of 2, 3 or 5 years.
|SocietyOne Loan Grades||Interest Rate % p.a. |
|Interest Rate % p.a.|
|Establishment Fee||Monthly Fee||Comparison Rate % p.a.|
2-3 years 2
|Comparison Rate % p.a.|
5 years 3
|Grade AA||7.75% - 9.20%||8.60% - 10.05%||2.50%||$0||9.43% - 10.90%||9.66% - 11.12%|
|Grade A||10.30% - 10.90%||11.25% - 11.85%||4.00%||$0||13.02% - 13.63%||12.98% - 13.59%|
|Grade B||10.90% - 12.00%||11.95% - 13.05%||4.50%||$0||13.97% - 15.09%||13.91% - 15.03%|
|Grade C||12.00% - 14.80%||13.15% - 15.95%||4.75%||$0||15.26% - 18.11%||15.24% - 18.10%|
|Grade D||14.80% - 24.25%||16.05% - 25.50%||5.00%||$0||18.29% - 27.94%||18.31% - 27.99%|
|The establishment fee is added to your loan; the amount is based on your SocietyOne loan grade and the loan amount. A $35 fee applies if you need to vary your loan. Maximum Comparison Rate is 27.99%.|
36 x $320.02 = $11,520.72
*The comparison rate is based on a SocietyOne AA grade unsecured personal loan of $10,000 over 3 years. AA graded borrowers can receive a comparison rate between 9.43%-10.90% p.a. depending on investor demand. WARNING: These comparison rates are true for the example provided. Different loan grades, terms, fees or loan amounts may result in a different comparison rate.
Won't impact your credit score.