We’re taking on the banks!

Lower rates on personal loans.


Get your personalised rate in less than 3 minutes.

Get a quote today - won’t impact your credit score
You can also retrieve an existing rate quote

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Will you help us take on the banks?


For over 5 years now, we’ve been helping thousands of Aussies get a better deal on personal loans by connecting borrowers who need lower interest rates with investors who want better returns.

You see, we’re not a bank. We’re a community of people backing people - and we believe Aussies with a good credit history should be rewarded with lower interest rates.


The better your credit score the lower the rate

If you've managed your money well then chances are you have an excellent, very good or good credit score and we believe in rewarding you for that.

We offer rates from as low as 7.50% pa (9.51% pa comparison rate), which is significantly lower than what the major banks are offering. And the investors who are funding our loans are earning a higher return than most savings accounts.

Over 13,000 customers have used our lower rates to:

  • Take control of multiple credit card debts
  • Renovate their home
  • Buy a car
  • Pay for their dream wedding
  • Go on a holiday
  • Pay for their education
  • Pay for medical expenses

The lower rates have been so helpful to our borrowers that we want to raise awareness for marketplace lending.

This is where we need your help.


We want to take on the banks by giving more Aussies a better deal on personal loans – and we want everyone to know there is a fairer way to borrow. So we’ve come to you with a request for help...

Get a free quote

If you've got a good credit history and are looking for a personal loan - get a quote with us we'll try and get you a lower rate than the banks.

Tell your friends

When you see how much you can save compared to the banks, let your friends know too. We want to show more Aussies how they can get a better deal on personal loans.

How to get started

Simply click on the button below, fill in your details - we'll look up your credit score and give you a personalised rate quote (quotes wont affect your credit score!).

Let's take on the banks, together.

Get a quote

Get a personalised rate quote and find out how much you can save. It should take less than 3 minutes.

How we compare to the Big 4.


Our interest rates are often lower than the major banks. See how much you could save with a SocietyOne personal loan.

Rates as of 11 October 2017

*Comparison based on a SocietyOne Tier 1 unsecured personal loan of $10000 over 3 years. Does not take into account promotional rates offered by banks. SocietyOne Tier 1 borrowers will receive an interest rate between 7.50% - 10.55% (comparison rate 9.51% - 13.28% p.a.) depending on investor demand. WARNING: The comparison rates are true only for the examples provided and may not include all fees and charges. Different loan grades, terms, fees or loan amounts might result in a different comparison rate.

Our rates


We never charge any monthly or early repayment fees. Loans available for a minimum term of 2 years and a maximum term of 5 years.

SocietyOne Loan
Grades
Interest Rate
% p.a. (2-3 years)
Interest Rate
% p.a. (5 years)
Establishment
Fee
Comparison Rate
% p.a. (2-3 years)2
Comparison Rate
% p.a. (5 years)3
Tier 17.50% - 10.55%8.35% - 11.40%3.00% - 4.00%9.51% - 13.28%9.61% - 13.13%
Tier 210.55% - 11.50%11.50% - 12.45%4.25%13.44% - 14.41%13.34% - 14.31%
Tier 311.50% - 13.96%12.55% - 15.01%4.50%14.58% - 17.09%14.52% - 17.02%
Tier 413.96% - 18.99%15.11% - 20.14%5.00%17.43% - 22.57%17.35% - 22.49%

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. 2 Based on a $10,000 unsecured personal loan for a 3 year term. 3 Based on a $30,000 unsecured personal loan for a 5 year term.


Example based on a SocietyOne Tier 1 loan for $10,000 with a 3 year term.


Comparison Rate*

9.51%

Monthly Repayment

$320.39

Total Repayments

36 x $320.39 = $11,534.20

*Comparison based on a SocietyOne Tier 1 unsecured personal loan of $10000 over 3 years. Does not take into account promotional rates offered by banks. SocietyOne Tier 1 borrowers will receive an interest rate between 7.50% - 10.55% (comparison rate 9.51% - 13.28% p.a.) depending on investor demand. WARNING: The comparison rates are true only for the examples provided and may not include all fees and charges. Different loan grades, terms, fees or loan amounts might result in a different comparison rate.


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