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Car loans

Quick Car Loans For New or Used Cars!
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Get what you need

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

Quick & easy

Get a personalised rate in as little as 2 minutes

No ongoing fees

Never pay any monthly or early repayment fees

Credit score safe

Getting a quote won’t affect your credit score

Easily calculate your rate

Getting a Personal Loan with SocietyOne is quick and easy.
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Personal Loans

Car Loans The Reward Good Credit

Get that new car feeling with a SocietyOne personal loan for your next car purchase, plus:

• You don’t need to use the car as security on the loan

• 2, 3 or 5 year terms mean you could pay less interest than a loan over a longer term.
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How it works

Getting a personal loan with SocietyOne is quick and easy.

Get Your Rate

In as little as 2 minutes we’ll give you a rate based on your credit history

Apply Online

It only takes 5 minutes for most people to complete their application

Get Your Funds

Once approved, we’ll have the funds in as little as 1 business day
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How we compare

See how our comparison and interest rates measure up to Commonwealth Bank, Westpac, ANZ and NAB.
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Rates as of 15/02/2021. Excludes short term bank promotions.
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Easily calculate your rate

Consolidate your debts

Consolidate debts into a single repayment or pay for expenses like a  wedding that would be difficult to pay off with a credit card.

No deposit required

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).

Pay it off sooner

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.
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Why get a personal loan?

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. And with SocietyOne there are no early repayment fees, you can pay off your debt faster and without penalty.
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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 home improvement 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

Get that new car feeling with a SocietyOne personal loan for your next car purchase, plus:

• You don’t need to use the car as security on the loan

• 2, 3 or 5 year terms mean you could pay less interest than a loan over a longer term.
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Pay for your wedding

Pay for the big expenses like venue, catering, the dress and even the honeymoon and begin paying them off before the wedding day, plus:

• Budgeting is easier with one regular payment

• Our great low rates mean you could save money on fees and interest

• No monthly or early repayment fees mean you could pay your debt off sooner!
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Pay for your education

Using a SocietyOne personal loan for school or higher education fees gets an A+

• No early repayment fees means you can pay the loan off sooner without a termination fee

• Our great low rates mean you could save money on fees and interest

• They’re unsecured so you can include the expense of uniforms, books and other study material
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Have some more questions?

Our support team is here to help.

Frequently Asked Questions

Things to Consider Before Getting a Personal Loan

Eligibility criteria for personal loans

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 will I need to get a personal loan?

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

What are the interest rates?

Fixed interest rate

Your interest rate doesn't change during the life of your loan. Your repayments are always the same, making it easier to budget.

Fixed rates from 6.99% p.a*


Comparison rate

This takes into account the interest rate plus standard fees and charges, making it easier to understand the complete cost of the personal loan and compare products.

Comparison rates from 6.99% p.a*

Are there any fees?

Establishment fee

No up-front payments, just a one-off fee included in your total loan amount and paid over the life of the loan.

Establishment fee from: 3% with a min fee of $300


Late Repayment Fee

If your loan repayment is unable to be processed and the payment remains outstanding, a late fee is payable at 5, 14, 21 & 30 days after the payment date.

Late Repayment fee: $35 per late payment


Direct Debit Dishonour Fee

It’s important to ensure there are enough funds in your account to cover each of your repayments to avoid dishonour fees. This fee is payable if we are unable to process a direct debit from your account.

Dishonour fee: $15 per dishonour


Early repayment fee

Some lenders charge you for paying your loan out early. We don't!

Early repayment fee: $0

Are there any certain amounts or terms I should be aware of?

Loan amount limits

The minimum & maximum amount you are able to borrow

Loan amount limits: $5,000 to $50,000


Loan terms

Your repayments are split over your loan term. A shorter term means less interest is paid over the life of the loan, while loans with longer terms will have lower regular repayments.

Loan terms: 2 years, 3 years and 5 years

Is a credit check mandatory in order to apply for a personal loan?

Yes, we use this to calculate your interest rate & reward borrowers who have maintained good credit scores.

Can I apply for a personal loan if I am currently unemployed?

To apply for our personal loan you need to be earning more than $30,000 per annum, although Centrelink can be used as a supporting income stream.

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Be in the know

Banks and lenders know your credit score, and so should you. Find out about your score, how it all works and how you can improve it.
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Don't just take our word for it...

Google and Product Review logos
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.”
Product Review
Jun 2020
“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.”
Google Review
Nov 2020
“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.”
Google Review
Nov 2020
“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.”
Google Review
Nov 2020
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.”
Product Review
June 2020
“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.”
Google
February 2019
“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.”
Product Review
February 2020
“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.”
Google
February 2020
“Pretty happy with the service, easy to talk to someone and very happy with my loan. Save a fair bit by consolidating my loans.”
Product Review
November 2019