Low Rate Personal Loans

Save, with fixed rates from 7.5% p.a. (comparison rate 9.51% p.a.)**

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Get what you need

Borrow what you need between $5k and $50k

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Super quick

Get a personalised rate in as little as 2 minutes

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No ongoing fees

No monthly or early repayment fees

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Credit score safe

Getting a quote won’t affect your credit score

Get a great rate!

Find out what your repayments could be 
with our SocietyOne personal loan calculator
$
*Please enter an amount between $5,000 and $50,000
Example Interest rate: {{ rateRanges.interest.low | currency }}% p.a.^ Comparison rate: {{ rateRanges.comparison.low | currency }}% p.a.*

Your estimated repayments

$

Total repayment amount of ${{loanTotal | currency(0)}}, which includes establishment fee of ${{currentFeeAmount}} and interest of ${{totalInterestPaid}}

Example loan cost based on a SocietyOne Tier 1 loan for $10,000 loan with a 5 year term and interest Rate of 7.5% (comparisonRate: 9.51%*) + 3% establishment fee + fortnightly repayment: $97 = total loan cost (including fees) of $12,649 (130.4 fortnights x $97)

*Comparison rate for 2 and 3 year loans is based on a loan amount of $10,000 and for 5 year loans, a loan amount of $30,000*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. This calculator only provides an estimate of repayment amounts. The actual amounts may be higher or lower depending on the interest rate assigned to your loan. An establishment fee is added to your loan, based on your SocietyOne loan grade and the loan amount. A minimum establishment fee of $300 applies for Tier 1 customers and $395 for Tier 2, Tier 3 and Tier 4 customers.

As easy as

1

2

3

Getting a Personal Loan with SocietyOne is quick and easy
Simply provide us with some basic personal details, tell us how much you’d like to borrow and what you plan to use the loan for to receive an obligation free rate estimate in as little as 2 minutes.



If you’re happy with your quote, you can continue to apply for a loan online. Filling in the application will only take around 5 minutes all up.



We’ll review your credit history, income and expenses. We know that time is of the essence, so once your loan application has been approved, you’ll find your funds quickly deposited into your bank account.

1

Get your rate

In as little as 2 minutes we’ll give you a rate 
based on your credit history.
Simply provide us with some basic personal details, tell us how much you’d like to borrow and what you plan to use the loan for to receive an obligation free rate estimate in as little as 2 minutes.

2

Apply online

It only takes 5 minutes!
If you’re happy with your quote, you can continue to apply for a loan online in minutes. We’ll review the information you’ve provided and get back to you with a response

3

Get your funds

Once approved, we'll have the funds in your account in as little as one business day!
We’ll review your credit history, income and expenses. We know that time is of the essence, so once your loan application has been approved, you’ll find your funds quickly deposited into your bank account.

Find out your personalised rate!

Get a Quote

As easy as 1, 2, 3

Getting a Personal Loan with SocietyOne is quick and easy

1

Get your rate

In as little as 1 minute we’ll give you a rate 
based on your credit history.
Simply provide us with some basic personal details, tell us how much you’d like to borrow and what you plan to use the loan for to receive an obligation free rate estimate in as little as 2 minutes.

2

Apply online

It only takes 5 minutes!
If you’re happy with your quote, you can continue to apply for a loan online in minutes. We’ll review the information you’ve provided and get back to you with a response.

3

Apply online
Once approved, we'll have the funs in your account within a few days!
We’ll review your credit history, income and expenses. We know that time is of the essence, so once your loan application has been approved, you’ll find your funds quickly deposited into your bank account.

Find out your rate

Get a Quote

Don't just take our word for it...

4.9 Google  4.7 ProductReview
“Pretty happy with the service, easy to talk to someone and very happy with my loan. Save a fair bit by consolidating my loans.”
“Company is efficient and quick with regard to their service. Will definitely refer to family and friends. Don’t make the clients wait on the phone unlike other companies. More power.”
“Customer service has been fantastic very efficient. The loan rate is reasonable & has helped at an important time.The paperwork is so simple you can do it from your phone.”
“I found it was a very easy way to apply for a loan to pay off my credit card and personal loan I had with amazing interest rates I wish I had found them years ago I would have saved thousands not just a few hundred.”
Best customer service with a very great rate. I found the whole process very easy, and was pleasantly surprised with the interest rate I was offered. Overall I would not hesitate in recommending society one.”

See how we compare to the big banks

Looking for a low rate loan with no ongoing fees? See how our comparison and interest rates measure up to Commonwealth Bank, Westpac, ANZ and NAB.

  • SocietyOne

    rate

  • ANZ

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  • Westpac

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  • CBA

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  • NAB

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Rates as of 16 March 2020
Comparison excludes short term bank promotional rates.

Why a personal loan?


A personal loan is often used to consolidate debts into 
a single repayment or pay for expenses like holidays, weddings and cars that would be difficult to pay off within the interest free period on a credit card.

Unlike a mortgage, our personal loans are “unsecured” which means you 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), so you can get to your goal of paying the debt 
off sooner.
Get My Rate!

Consolidate your debts

If you want to significantly reduce the amount of interest you incur over the lifetime of multiple debts, or you’re struggling to manage several debt repayments at once, debt consolidation may be a good option for you.

Not only does budgeting become easier when you only have to keep track of one regular payment, but it could also save you money thanks to our great low rates. Without early repayment or monthly fees, you could even pay off your debt faster.
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Renovate your home

Whether you’re planning to extend your family home, are getting your house ready to put on the market or are wanting to spruce up an existing bathroom or living space, a SocietyOne personal loan can be a great way to fund your home renovation.

You can avoid adding to your mortgage and incurring additional interest over 10, 15 or 25 years, and with our great low rates and no early repayment fees, you could save on fees too.
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Plan a holiday

Avoid missing out on all the best travel deals by using a SocietyOne personal loan to fund your next holiday.

Secure your flights, accommodation and other big-ticket holiday expenses early and save with our great low rates.

Pay off your loan easily with one regular payment and enjoy the great benefits of no monthly or early repayment fees.
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Buy a car

There’s nothing quite like that new car feeling, but, for most of us, purchasing a new car outright is financially out of reach.

Make your automotive dream a reality with the help of a SocietyOne personal loan.

The choice of 2, 3 and 5 year loan terms could also see you paying less interest over time without needing to use your car as security on your loan.
Learn More

Pay for your wedding

Planning and paying for your big day can become a costly exercise, with expenses attached to everything, from venue hire and catering to the honeymoon and wedding dress.

With one regular payment and no early repayment or monthly fees, it’s easy to start paying off all the big-ticket expenses before your big day with a SocietyOne personal loan. Take advantage of our great low rates and save yourself money in the long run on both interest and fees.
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Pay for your education

From tuition fees and textbooks to uniforms and other expenses, education, whether it’s school or higher education, can sometimes cost a pretty penny.

Using a SocietyOne personal loan to cover your education expenses could allow you to make regular payments while also saving on fees and interest thanks to our great low rates. If you find yourself able to pay off your loan faster than you anticipated, there’s no need to worry, with no early repayment fees applied.
Learn More

Got two minutes to spare?

Get a Quote

Who can get a personal loan?

If you’re thinking of applying for a personal loan from SocietyOne, there are a few key criteria that you’ll need 
to meet to be eligible:
You need to be at least 21 years of age
Be an Australian citizen or a permanent resident of Australia
You must earn more than $30,000 per annum, with Centrelink considered to be a supplementary form of income
It’s important that you have a good credit score

What you'll need


You may need to supply us with the following 
information and documents as part of your personal 
loan application:
Your personal details – name, address, date of birth
A driver’s licence or passport
Proof of your address - for example, a utility bill
Proof of your income in the form of payslips or bank statements
Details about your day-to-day expenses, and any other debts

Resources & Guides

Useful documents & tools to help guide your way

Frequently Asked Questions

Things to Consider Before Getting a Personal Loan

How is the interest rate of my loan calculated?

Our interest rates are personalised for each customer and are determined based upon factors such as your credit score - the higher your score, the lower your rate.

Are there any additional fees or charges on top of my loan repayments?

We charge a one-off establishment fee that is included in your total loan amount. There are no monthly fees or early repayment fees. You can learn more about how our rates and fees work here.

How much can I borrow?

Our personal loans range from $5,000 to $50,000 with flexible loan terms of 2, 3 or 5 years. We suggest borrowing an amount that best suits your situation, making sure you will be comfortable paying off each instalment.

What loan terms can I choose from and can I pay my loan off early?

We offer 2, 3 and 5 year loan terms. You also have the freedom to pay out your loan early in full or make additional lump sum payments during the life of your loan with no extra fees or penalties.

What repayment options are available?

Repayments can be made in either fortnightly or monthly instalments by direct debit. Personal loan repayments are calculated depending on your choice of 2, 3 or 5 year loan terms, and whether you have chosen fortnightly or monthly repayments along with the interest rate you receive on approval of your loan.

How long will it take for me to receive my funds?

Once you're approved the funds will be transferred to your bank account, usually within 24 hours.

Got more questions? Head to our frequently asked questions page for more answers.

The Fine Print

Tier 1 borrowers will receive an interest rate between 7.50% - 10.89% p.a. (comparison rate 9.51% - 12.71%p.a.).  Tier 2 borrowers will receive an interest rate between 10.49% -12.69% p.a. (comparison rate 13.38% - 14.55% p.a.).  Tier 3 borrowers will receive an interest rate between 12.29% - 15.29% p.a. (comparison rate 15.38% -17.31% p.a.).  Tier 4 borrowers will receive an interest rate between 14.99% - 20.49% p.a. (comparison rate 18.48% - 22.38% p.a.).

Minimum period for repayment is 2 years and maximum period for repayment is 5 years. 3 years loans are also available and loans may be repaid early without any fees or penalties. Maximum annual percentage rate is 20.49% p.a. Maximum Comparison rate is 22.34% p.a.

Rates in bank comparison table are based on an unsecured fixed rate personal loan of $10,000 over 3 years.  SocietyOne rate is the lowest available rate for a borrower with excellent credit (Tier 1 borrower).  WARNING: The 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.

1. The establishment fee is added to your loan, based on your SocietyOne loan grade and the loan amount.
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.

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