Low Rates for GetCreditScore members

Save, with rates from 6.99% p.a.
(comparison rate 9.00% p.a.)*

Get My Rate!
Getting a rate won't affect your credit score.
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Low Rates

From 7.5% p.a (9.51% p.a. comparison rate*)

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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

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Super Quick

Get a personalised rate in as little as 1 minute

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.

low interest personal loanslow interest personal loans
low interest personal loans

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.

Not only do you need to be at least 21 years of age, but you must also be an Australian citizen or a permanent resident of Australia.

You must also earn more than $30,000 per annum, with Centrelink considered to be a supplementary form of income.

In everyone’s best interests, it’s important that you have a good credit score and be planning to use the loan, if your application is successful, primarily for your own personal use.

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



  • Westpac


  • ANZ


  • CBA



  • NAB



Rates as of 10/09/2020

View the fine print

Don't Just Take Our Word For it
4.7/5 on Google reviews
4.8/5 on Productreview.com.au
The loan I got helped so much as we suffered in the sherwood bush fire. The loan I received from you guys helped towards buying clothes for us, especially my 13yr old boy, also new bedding and curtains for his bedroom...
I was always afraid to ask for a loan as I was scared that my credit score was not good enough, but once I started the process with SocietyOne everything became simple and I was accepted with a $35,000 loan to consolidate my bills and some was put towards a very expensive dental exercise. I am forever grateful!

Getting a Personal Loan with SocietyOne is Quick and Easy!


Get Your Rate

In as little as 1 minute we’ll give you a rate based on your credit history


Apply Online

Most people finish their application within 5 minutes


Get Your Funds

Once approved, we’ll have the funds in your account within
a few days!

Simply provide us with some basic personal details, such as your name, date of birth and address, how much you’d like to borrow and what you plan to use the loan for, to receive an obligation free rate estimated in as little as 1 minute.

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, leaving you with plenty of time for all the other important activities in your day.

We’ll review your existing 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 deposited into your bank account in just a few days.

If you’re looking for a general estimate of what your payments and interest rate may look like, our Repayment Calculator is a handy tool that can also give you an idea of what you may expect.

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.

Find Out Your Rate Now



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What responsible lending actually means for you

"Responsible lending" is a concept in the finance industry, ensuring lenders only offer you a loan if it suits your needs and circumstances.

Find out more
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Personal loans, explained

Consumer finance covers a multitude of different types of loans and products, so we thought we’d put together everything you may need to know to help you make your choice and make it happen for you.

Find out more
A person with a phone looking at the SocietyOne quote page.
Repayment calculator

So you can spend less time doing the maths and more time thinking about what you're going to use your loan for, we've provided this handy repayment calculator to help you figure it out.

Find out more


Two people with two computers reviewing papers in front of them.
What responsible lending actually means for you
Find out more
A woman looking at her tablet
Personal loans, explained
Find out more
A person with a phone looking at the SocietyOne quote page.
Repayment calculator
Find out more

The Fine Print

*Rates 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. Establishment fee applies. 
Loans are available for terms of 2, 3 or 5 years  and loans may be repaid early without any fees or penalties.

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% - 22.85% p.a.).

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