Low rate personal loans

We reward your good credit with a low rate

For when 'it' happens

Quotes don't affect your credit score

Quotes don't affect your credit score!
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Personal Loans Repayment Calculator


Find out what your repayments could be with a SocietyOne personal loan

What is a personal loan?

A personal loan is a smaller loan than a mortgage and are often used to consolidate debts into a single repayment or pay for large expenses like holidays, weddings and cars.

Unlike a mortgage, our personal loans are “unsecured” which means borrowers don’t need to provide a deposit or collateral (like your home or car). Unsecured loans are also paid off over a shorter period (2 – 5 years).

Our personal loan features

  • check mark iconPersonalised interest rate based on your credit history.
  • check mark iconBorrow from $5,000 — $50,000.
  • check mark iconA range of borrowing terms (2, 3 or 5 years).
  • check mark iconYour choice of fortnightly or monthly repayments.
  • check mark iconNo ongoing charges. Just one setup fee. That’s it.

We're currently offering great low interest rates from:

7.50%

p.a.

9.51%

p.a.
(comparison rate*)

*SocietyOne rate is based on a SocietyOne Tier 1 unsecured personal loan of $10,000 over 3 years. SocietyOne Tier 1 borrowers will receive an interest rate between 7.50% - 9.99% (comparison rate 9.51% - 12.71% p.a.) depending on investor demand. Higher Tier borrowers will receive higher interest rates. Comparison does not take into account short term bank promotional rates. 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.

Am I eligible?

To qualify for a SocietyOne loan you must:

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    Be at least 21 yrs old
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    Earn more than $30,000 p.a. from employment (Centrelink may be used as supplementary income)
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    Be an Australian citizen or permanent resident
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    Have at least 18 months credit history (ideally)
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    Have never been bankrupt
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    Be using the loan mainly for personal use

Make it happen.


Whether you want to consolidate debt, buy a car or go on a holiday, SocietyOne can help make it happen.

How it works


Simple, fast and secure: borrowing with us is done in 3 easy steps.

1

Get a free online quote.

No obligation. No impact on your credit score. And it only takes 3 minutes.

2

Apply and proceed.

Investors bid to fund your loan in our loan marketplace, which helps you get the best rate.

3

Go. Make it happen.

Receive the funds within 72 hours of accepting an investor’s bid.

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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% - 9.99%8.10% - 10.59%3.00% - 4.00%9.51% - 12.71%9.36% - 12.31%
Tier 210.49% - 11.49%11.39% - 12.39%4.25%13.38% - 14.40%13.23% - 14.25%
Tier 311.99% - 13.79%13.19% - 14.99%4.50%15.08% - 16.91%15.17% - 17.00%
Tier 414.99% - 18.19%16.79% - 19.99%5.00%18.48% - 21.75%19.07% - 22.34%

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

*SocietyOne rate is based on a SocietyOne Tier 1 unsecured personal loan of $10,000 over 3 years. SocietyOne Tier 1 borrowers will receive an interest rate between 7.50% - 9.99% (comparison rate 9.51% - 12.71% p.a.) depending on investor demand. Higher Tier borrowers will receive higher interest rates. Comparison does not take into account short term bank promotional rates. 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.

Get a quote online, in minutes.

Getting a quote will not impact your credit score.