* For loan applications made up to midnight (AEST) on 30 April 2021, the lowest interest rate offered to Tier 1 borrowers will be reduced to 6.39% p.a. (comparison rate 6.39% p.a.).  After that date, the normal minimum Tier 1 rate set out below will apply.

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‍Information about SocietyOne borrowing rates
Tier 1 borrowers will receive an interest rate between 6.99% - 10.49% p.a. (comparison rate 6.99% - 12.20% p.a.). Tier 2 borrowers will receive an interest rate between 9.99% -12.19% p.a. (comparison rate 12.63% - 13.89% p.a.). Tier 3 borrowers will receive an interest rate between 11.99% - 14.99% p.a. (comparison rate 14.96% - 16.61% p.a.). Tier 4 borrowers will receive an interest rate between 14.99% - 19.99% p.a. (comparison rate 18.48% - 21.56% p.a.). Loan example: for a borrower with excellent credit (Tier 1 borrower), a loan of $10,000 over a 3 year term, with an interest rate of 8.99% p.a. (comparison rate 11.69% p.a.) and a $400 establishment fee, the fortnightly repayment would be $152 and the total cost over the life of the loan (including the establishment fee) would be $11,883. SocietyOne personal loans are available for terms of 2, 3 and 5 years.

Information about comparison rates
Comparison rates are designed to allow borrowers to understand the true cost of a loan by taking into account fees and charges, the loan amount and the term of the loan.  The SocietyOne comparison rate is based on an unsecured fixed rate personal loan of $10,000 over 3 years.  WARNING: Comparison rates are true only for the examples provided and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.

Information about bank comparison table
All rates in the bank comparison table are based on an unsecured fixed rate personal loan of $10,000 over 3 years. The SocietyOne rate is the lowest available rate for a borrower with excellent credit (Tier 1 borrower).  See above for more information about SocietyOne borrowing rates.  The comparison table does not take into account short term bank promotional rates.

Canstar 5-star Rating was awarded on 7th of November 2019 for the Unsecured Loan – Excellent Credit Product for the Unsecured Personal Loan profile.

SocietyOne Australia Pty Limited ACN 151 627 977 holds Australian credit licence no. 423660. Credit is subject to SocietyOne’s standard terms and conditions and lending criteria. Credit scores provided by SocietyOne Services Pty Ltd ACN 609 495 409.